Heading into today’s open, the Nasdaq Composite (QQQ) closed yesterday at $729.87, down -0.42%, while the S&P 500 (SPY) finished at $772.67, a decline of -0.45%. The 10-Year Treasury Yield currently sits at 4.70% as geopolitical tensions continue to drive safe haven demand.
This week we’re leaning into Energy (XLE), Gold (GLD), and Semiconductors (SMH). Energy is showing strong momentum with a +8.0% gain over the last month, trading above its 50-day trend and benefiting from current macro conditions. Gold continues to demonstrate strength – a +10.3% one-month move – acting as both a debasement play and safe haven asset while also exceeding its 50-day average. Finally, Semiconductors (SMH) exhibit positive momentum at +6.3% over the past month, consistently above its 50-day trend.
Last week saw strong performance across our picks: Gold (GLD) returned +1.04%, Energy (XLE) gained +6.09%, and Financials (XLF) delivered +5.66%. While all sectors posted gains, Energy and Financials outperformed the broader market, though Gold lagged slightly.
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