Home Stock Will Reflation Stocks Continue to Lead the Stock Market?

Will Reflation Stocks Continue to Lead the Stock Market?

- Advertisement -
Stock Markets11 minutes ago (Sep 28, 2021 04:30PM ET)

Will Reflation Stocks Continue to Lead the Stock Market?

Last week, we discussed the odds of the S&P 500 (SPY) being at the start of a correction or closer to the end of a dip. For a variety of reasons, we concluded that dip was more likely especially as coronavirus cases keep plunging. This has come to fruition as the market has recovered a little more than half of its losses with reflation stocks leading. And, we might have another major catalyst for this trend looming. Due to these factors and more, I’m becoming increasingly optimistic about the market’s prospects into year-end. In this weeks’ commentary, I will cover these improvements and update our market outlook. Read on below to find out more….(Please enjoy this updated version of my weekly commentary published September 27, 2021 from the POWR Growth newsletter).

First, let’s do our regular look at what’s transpired in the S&P 500 for the last week:

Clearly, the bounce that began last Monday at 3pm has continued. Overall, the S&P 500 is up 3.2% from its recent low, and it’s off 2.2% from its all-time highs in early September. The Russell 2000’s performance is even better as it’s up 4.6% from Monday’s lows.

Continue reading on StockNews

Will Reflation Stocks Continue to Lead the Stock Market?

Surging Treasury yields add to ARK fund’s 2021 woes
By Reuters – Sep 28, 2021

By Lewis Krauskopf NEW YORK (Reuters) -A broad selloff in technology and growth names battered the flagship fund of star stock picker Cathie Wood’s ARK Invest, as investors…

Lucid to start deliveries of electric cars with range exceeding Tesla’s in October
By Reuters – Sep 28, 2021

By Hyunjoo Jin CASA GRANDE, Ariz. (Reuters) – Lucid Group Inc said on Tuesday it will start delivering its luxury electric sedans with a Tesla-beating driving range in late…

Wall Street swoons on rising Treasury yields, growing inflation worries
By Reuters – Sep 28, 2021

By Stephen Culp NEW YORK (Reuters) – Wall Street stocks ended sharply lower on Tuesday in a broad sell-off driven by rising U.S. Treasury yields, deepening concerns over…

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Our Apps

Terms And Conditions
Privacy Policy
Risk Warning

(C) 2007-2021 Fusion Media Limited. All Rights Reserved

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

- Advertisement -
- Advertisement -
Stay Connected
16,985FansLike
2,458FollowersFollow
61,453SubscribersSubscribe
Must Read
- Advertisement -
Related News
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here