Connect with us

Hi, what are you looking for?

BigStatesNews.comBigStatesNews.com

Stock

Sector Spotlight: Two Sectors Hitting New All-Time Closing High

In this episode of StockCharts TV’s Sector Spotlight, I assess the monthly charts following the end of June. Bond-related asset classes remain vulnerable, while commodities are struggling to remain afloat. The stock/bond ratio is now sending a very clear signal. In US sectors, all eyes are on two sectors that ended June at their highest monthly close ever, while more than 50% of the market capitalization in the S&P 500 is now in an uptrend on the monthly time frame.

This video was originally broadcast on July 3, 2023. Click anywhere on the Sector Spotlight logo above to view on our dedicated Sector Spotlight page, or click this link to watch on YouTube.

New episodes of Sector Spotlight premiere weekly on Mondays. Past episodes can be found here.

#StaySafe, -Julius

You May Also Like

World News

LOS ANGELES — On Tuesday, just minutes after the Supreme Court reversed the conviction of a man who’d made relentless online threats to a...

Business

Mortgage rates turned higher again last week. But the increase did not cut into mortgage demand, as buyers sought newly built homes. Total mortgage...

World News

With his foot on a front porch of a stately home in Charleston, S.C., a canvasser for a $100 million field effort supporting Florida...

World News

HUDSON, N.H. — As he finished up his remarks at an outdoor garden party hosted by a former state senator, Mike Pence made one...