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XLE

Energy Select Sector SPDR

$51.08 /

+0.56 (+1.11%)

, XLP

Consumer Staples Sector SPDR

$70.76 /

+0.18 (+0.26%)

15:57
09/24/21
09/24
15:57
09/24/21
15:57

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

After a volatile ride in price, the S&P 500 (SPX) is set to end slightly higher on the week following a sharp drop below the 50-day moving average on Monday and subsequent snapback. For the coming week resistance is in the range of 4475-4525. Support is in the range of 4450-4420. Sectors that performed least well were Basic Materials (XLB), Utilities (XLU), Technology (XLK), Industrials, Consumer Discretionary (XLY), and Consumer Staples (XLP). Energy (XLE) was the standout on the upside.

XLE

Energy Select Sector SPDR

$51.08 /

+0.56 (+1.11%)

XLP

Consumer Staples Sector SPDR

$70.76 /

+0.18 (+0.26%)

XLY

Consumer Discretionary Sector SPDR

$184.80 /

+0.615 (+0.33%)

XLK

Technology Select Sector SPDR

$156.85 /

+0.26 (+0.17%)

XLU

Utilities SPDR

$65.31 /

+0.08 (+0.12%)

XLB

S&P Select Materials SPDR

$81.21 /

+0.03 (+0.04%)

SPY

SPDR S&P 500 ETF Trust

$444.33 /

+1.24 (+0.28%)

SPX

S&P 500

/

+

XLE Energy Select Sector SPDR
$51.08 /

+0.56 (+1.11%)

07/21/21 Goldman Sachs
Halliburton upgraded to Buy from Neutral at Goldman Sachs
03/12/21
On The Fly: Weekly technical notes for S&P 500
XLP Consumer Staples Sector SPDR
$70.76 /

+0.18 (+0.26%)

07/19/21 Morgan Stanley
Morgan Stanley equity strategist upgrades Consumer Staples, downgrades Materials
XLY Consumer Discretionary Sector SPDR
$184.80 /

+0.615 (+0.33%)

XLK Technology Select Sector SPDR
$156.85 /

+0.26 (+0.17%)

XLU Utilities SPDR
$65.31 /

+0.08 (+0.12%)

10/21/20 Jefferies
Jefferies upgrades Utilities sector to Market Weight from Underweight
10/19/20 Goldman Sachs
Essential Utilities upgraded to Conviction Buy from Neutral at Goldman Sachs
XLB S&P Select Materials SPDR
$81.21 /

+0.03 (+0.04%)

SPY SPDR S&P 500 ETF Trust
$444.33 /

+1.24 (+0.28%)

08/04/21 Citi
Citi sees 10-year yield rising to 2%, cuts 'tech-heavy' U.S. to Neutral
03/15/21 Morgan Stanley
Morgan Stanley equity strategist downgrades small cap stocks
01/07/21 Credit Suisse
Credit Suisse raises 2021 S&P 500 target to 4,200, sees 12% upside
SPX S&P 500
/

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