Heading into today’s open, the Nasdaq Composite (QQQ) closed yesterday at $717.51, down -0.37%. The S&P 500 (SPY) finished at $767.45, a decline of -0.16%, while the 10-Year Treasury Yield stands at 4.71% – reflecting continued sensitivity to inflation expectations and Fed policy outlook.
This week we’re leaning into Energy (XLE), Gold (GLD), and Healthcare/Defensive (XLV). All three sectors exhibit strong +5.9% to +8.8% 1-month momentum, trading above their respective 50-day trends. Energy benefits from macro factors currently favoring the sector, while Gold continues its role as a debasement play and safe haven asset. Healthcare offers defensive positioning amid ongoing market uncertainty.
Last week’s sectors displayed positive performance overall. Energy (XLE) led with a +6.09% return, followed by Financials (XLF) at +5.66%. Gold (GLD) also contributed positively with a +1.04% gain—demonstrating resilience even amidst broader market fluctuations.
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