Market Recap For March 29th, 2022
BREAKING NEWS!! The market was up yesterday. Wow. Can’t believe it. It’s almost like it’s up every day over the past two weeks.
Not much to say that hasn’t been said over the past few days. The markets is currently unstoppable, so bearish traders should stay out of its way.
Yesterday’s Sector Performance
Real Estate was yesterday’s top performer.
Energy was at the bottom for the 2nd time in as many days.
Five-Day Sector Performance
Yesterday’s performance helped push Real Estate to the top of the weekly chart too.
Financials are in the green over the past week, but not by much.
ETF Trade Watch
Real Estate Select Sector SPDR (XLRE)
Technology Select Sector SPDR (XLK)
In addition to Technology and Discretionary, Real Estate is also one of the market leaders over the past week.
As long as the rally pushes on, the XLK and XLY should outperform, but the XLRE seems to be another worth a watch.
Good luck!