Investors Believe Earnings Provide Market Catalyst

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 investors believe earnings provide market catalyst. 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) rose +0.58% last week. Sector advancers beat decliners 7 to 4 as shown below in the sector graph. Financials (XLF), industrials (XLI) and technology (XLK) each had gains of over 2%. Communication services (XLC), consumer discretionary (XLY) and consumer staples (XLP) each had gains of over 1%. Materials (XLB) had a minor gain of less than 1%. Healthcare (XLV) led decliners down with a loss of 5.21%. Real estate (XLRE) lost 2.66% while utilities (XLU) gave back 1.12%. Energy (XLE) suffered a small loss of less than 1%.

The Dow Jones index (DIA) added +1.59% this past week. The Nasdaq (QQQ) advanced +1.28%.

Investors Believe Earnings Provide Market Catalyst

Earnings beating lowered estimates on Monday. Earnings were beating by wider margin on Tuesday. Healthcare worries outshined strong earnings on Wednesday. Recent data suggest solid economy on Thursday. The US market was closed on Friday in observance of Good Friday.

Key Takeaways…

I took the following CNBC screenshots this past week regarding moving markets, Q1 earnings, earnings beats, revenue beats and China bottoming:

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

Investors Believe Earnings Provide Market Catalyst

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

  • MSFT +2.53%
  • AAPL +2.47%
  • AMZN +0.96%
  • FB +0.43%
  • BRK.B +1.61%
  • GOOG +2.64%
  • GOOGL +2.64%
  • JNJ +1.71%
  • JPM +6.81%
  • XOM -1%

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

Investors Believe Earnings Provide Market Catalyst

S&P 500 (SPY)

Investors Believe Earnings Provide Market Catalyst

Communication Services (XLC)

Investors Believe Earnings Provide Market Catalyst

Consumer Discretionary (XLY)

Investors Believe Earnings Provide Market Catalyst

Consumer Staples (XLP)

Investors Believe Earnings Provide Market Catalyst

Energy (XLE)

Investors Believe Earnings Provide Market Catalyst

Financials (XLF)

Investors Believe Earnings Provide Market Catalyst

Real Estate (XLRE)

Investors Believe Earnings Provide Market Catalyst

Healthcare (XLV)

Investors Believe Earnings Provide Market Catalyst

Industrials (XLI)

Investors Believe Earnings Provide Market Catalyst

Materials (XLB)

Investors Believe Earnings Provide Market Catalyst

Technology (XLK)

Investors Believe Earnings Provide Market Catalyst

Utilities (XLU)

Investors Believe Earnings Provide Market Catalyst

S&P 500 Sector Heat Map

Investors Believe Earnings Provide Market Catalyst

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