Daily Archives: Feb 23, 2018 at 06:51 am EDT

Tech Sector Momentum Still Dominates After Market Turbulence

The surge in market volatility earlier this month took a toll far and wide, but tech’s leadership endures, based on a set of sector ETFs. A fund that holds a diversified mix of technology shares is trading below its recent highs, but the sector has largely bounced back from the early February correction and continues to dominate in the year-over-year column vs. the rest of the field.
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Macro Briefing: 23 February 2018

US set to impose more sanctions on N. Korea: Reuters
Blackrock says it will talk with gunmakers about Florida shooting: Reuters
FCC officially publishes regs that will repeal net neutrality rules in April: Engadget
US jobless claims last week fell to 2nd lowest level since the recession: MW 
Leading Economic Index for US rose in Jan, signaling “robust” growth: Conf. Board
US inflation trend probably ticked up in Feb, according to alt-data estimate: WSJ
Private data suggests China’s economic growth is slowing: Asia Times
Avg college endowment fund lagged stock/bond mix over last decade: NY Times
S&P 500 forward earnings estimates surging in 2018: Yardeni Research