ETF Sector Spotlight For 10/25/2021

October 25, 2021

Market Recap For October 25th, 2021

Friday’s weakness was obviously just a blip, as all major indices moved higher, and the S&P and Dow both hit new highs again.

The rally is intact, regardless of how stretched it seems. Markets are likely closer to a pullback than they are to the beginning of the rally.

Yesterday’s Sector Performance

Consumer Discretionary stocks moved back to the top of the heap.

Utilities weakened, finishing at the bottom, and marginally in the red.

Five-Day Sector Performance

Real Estate dropped back a bit, replaced by Healthcare.

Communication Services is the only sector in the red.

ETF Trade Watch

Healthcare Select Sector SPDR (XLV)

Consumer Discretionary Select Sector SPDR (XLY)

Healthcare continues to make its way higher, following along with the market’s overall rally. As long as they both continue, so should the XLV.

The XLY popped straight up in the air yesterday, which makes it hard to want to get long at these prices. However, an eventual pullback could provide better entries.

Good luck!

About The Author

Christian Tharp, CMT

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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