Earnings Plus GDP Raising Investor Confidence

Here is a weekly recap of the S&P 500 broken down by sector (holding weightings %, YTD % and % of portfolio in top 10 holdings) followed by sector heat map as earnings plus GDP raising investor confidence. Stocks in heat map are based on the top 10 holdings of each sector ETF. Click on each picture to zoom in. Below is a look ahead of this week’s action on Wall Street provided by CNBC:

News Update – The Look Ahead

CNBC brings you fast, accurate, and actionable business news and market updates.

The S&P 500 (SPY) added +1.20% this past week. Sector advancers beat decliners 8 to 3 as shown below in the sector graph. Healthcare (XLV) +3.60% and communication services (XLC) +3.28% led advancers higher. Consumer discretionary (XLY), financials (XLF), real estate (XLRE) and utilities (XLU) each had gains of over 1%. Consumer staples (XLP) and technology (XLK) each had small gains of less than 1%. Energy (XLE), industrials (XLI) and materials (XLB) each had minor losses of less than 1%.

The Dow Jones index (DIA) basically remained flat, losing -0.08% this past week. The Nasdaq (QQQ) climbed +1.74%.

Earnings Plus GDP Raising Investor Confidence

Energy alongside earnings easing investor concerns on Monday. Major averages rebounded against December lows on Tuesday. Investors survey busy earnings week on Wednesday. Strong earnings lead tech heavy Nasdaq on Thursday. Solid GDP number shows economic expansion on Friday.

Key Takeaways…

I took the following CNBC screenshots this past week regarding major averages, fueling the rally, earnings stability, massively overbought and market multiples:

Earnings Plus GDP Raising Investor Confidence

Earnings Plus GDP Raising Investor Confidence

Earnings Plus GDP Raising Investor Confidence

Earnings Plus GDP Raising Investor Confidence

Earnings Plus GDP Raising Investor Confidence

Weekly Performance of S&P 500 (SPY) Top 10 Holdings…

  • MSFT +5.28%
  • AAPL +0.22%
  • AMZN +4.78%
  • FB +7.41%
  • BRK.B +2.01%
  • GOOG +2.90%
  • GOOGL +2.90%
  • JNJ +2.09%
  • JPM +0.89%
  • XOM -0.79%

Credit: Sector Graph provided by Sector SPDR app. Sector breakdown provided by Charles Schwab. Sector heat map provided by finviz. Information Credit: News Headlines and quotes were taken from CNBC in the writing of this post.

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S&P 500 Sector Graph

Earnings Plus GDP Raising Investor Confidence

S&P 500 (SPY)

Earnings Plus GDP Raising Investor Confidence

Communication Services (XLC)

Earnings Plus GDP Raising Investor Confidence

Consumer Discretionary (XLY)

Earnings Plus GDP Raising Investor Confidence

Consumer Staples (XLP)

Earnings Plus GDP Raising Investor Confidence

Energy (XLE)

Earnings Plus GDP Raising Investor Confidence

Financials (XLF)

Earnings Plus GDP Raising Investor Confidence

Real Estate (XLRE)

Earnings Plus GDP Raising Investor Confidence

Healthcare (XLV)

Earnings Plus GDP Raising Investor Confidence

Industrials (XLI)

Earnings Plus GDP Raising Investor Confidence

Materials (XLB)

Earnings Plus GDP Raising Investor Confidence

Technology (XLK)

Earnings Plus GDP Raising Investor Confidence

Utilities (XLU)

Earnings Plus GDP Raising Investor Confidence

S&P 500 Sector Heat Map

Earnings Plus GDP Raising Investor Confidence

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