1.S&P 500 Sector returns. Energy is still the big winner YTD, with Utilities being the only other sector in positive territory.
-On a 3yr cumulative basis, Tech is still the leader, now with energy in 2nd place.$S&P 500(.SPX)$ $NASDAQ 100(NDX)$ $Energy Select Sector SPDR Fund(XLE)$ $Technology Select Sector SPDR Fund(XLK)$ 2.No more diesel shortage ladies and gentlemen!!! We are entering the high demand season for distillates
*Diesel Futures Extend Fall, Down 4.6% at $3.2228 as US Aug. Industrial Production Contracts
*Diesel Futures Are Down 11% Over Past Three Days on Weak Demand, Rising Supplies
3.Jobless claims keep going lower. No reason for FED to pivot. They are most likely gonna over do the tightening.4.Cracks continue to move lower, down another 8-9% w/w. Doesn't look good tbh, especially when crude is down over 4%. Right now demand just isn't there.5.Out of all mid/large caps,SU$Suncor(SU)$ was the worst performing stock followed by$ WCP$Whitecap Resources, Inc.(SPGYF)$ in 2021, and YTD WCP is the worst performing stock followed by SU.
6.Tech and Energy leading the way.$Energy Select Sector SPDR Fund(XLE)$ $Technology Select Sector SPDR Fund(XLK)$ $Utilities Select Sector SPDR Fund(XLU)$ $Real Estate Select Sector SPDR Fund(XLRE)$ $Industrial Select Sector SPDR Fund(XLI)$ $Materials Select Sector SPDR Fund(XLB)$ $Consumer Staples Select Sector SPDR Fund(XLP)$ $Consumer Discretionary Select Sector SPDR Fund(XLY)$ $Communication Services Select Sector SPDR Fund(XLC)$ $Financial Select Sector SPDR Fund(XLF)$ $Health Care Select Sector SPDR Fund(XLV)$ https://twitter.com/Gugo907/status/1570491682667495425
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