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XLK

Technology Select Sector SPDR

$127.50 /

-1.24 (-0.96%)

, XLB

S&P Select Materials SPDR

$75.28 /

-1.16 (-1.52%)

16:06
01/15/21
01/15
16:06
01/15/21
16:06

On The Fly: Weekly technical notes for S&P 500

The index is set to end down for the week, a rare loss in recent market terms. With the S&P 500 last at 3770, the support range in the coming week is 3760-3720. With both a holiday-shortened week next week and a deluge of earnings, forecasts in either direction could easily be overshot. Resistance is in the range of 3775-3825. Consumer Staples (XLP), Technology (XLK), and Materials (XLB) were the weakest sectors. The strongest were Energy (XLE) and the Financials (XLK).

XLK

Technology Select Sector SPDR

$127.50 /

-1.24 (-0.96%)

XLB

S&P Select Materials SPDR

$75.28 /

-1.16 (-1.52%)

XLF

Financial Select Sector

$30.90 /

-0.575 (-1.83%)

XLP

Consumer Staples Sector SPDR

$65.61 /

-0.27 (-0.41%)

XLE

Energy Select Sector SPDR

$42.67 /

-1.84 (-4.13%)

SPY

SPDR S&P 500 ETF Trust

$375.71 /

-2.77 (-0.73%)

SPX

S&P 500

$0.00 /

+ (+0.00%)

XLK Technology Select Sector SPDR
$127.50 /

-1.24 (-0.96%)

06/10/20 Jefferies
Jefferies downgrades Tech sector to Market Weight from Overweight
XLB S&P Select Materials SPDR
$75.28 /

-1.16 (-1.52%)

XLF Financial Select Sector
$30.90 /

-0.575 (-1.83%)

XLP Consumer Staples Sector SPDR
$65.61 /

-0.27 (-0.41%)

XLE Energy Select Sector SPDR
$42.67 /

-1.84 (-4.13%)

07/06/20 Goldman Sachs
Rattler Midstream downgraded to Neutral from Buy at Goldman Sachs
SPY SPDR S&P 500 ETF Trust
$375.71 /

-2.77 (-0.73%)

01/07/21 Credit Suisse
Credit Suisse raises 2021 S&P 500 target to 4,200, sees 12% upside
11/09/20 JPMorgan
JPMorgan sees S&P 500 hitting 4,000 by early next year
09/01/20
Fed's Brainard says monetary policy to pivot from stabilization to accommodation
08/17/20 Goldman Sachs
Goldman boosts end of 2020 S&P 500 target to 3,600 from 3,000
SPX S&P 500
$0.00 /

+ (+0.00%)

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