Looking Back, Looking Forward – July 11, 2021
Trading was frenzied during the short trading week after inflation worries gave way to growth concerns. The S&P 500 ended the week 0.4% higher.
"In the investing blog, I seek to help you take sound investment decisions free from emotion by sharing my objective insights on markets, sectors, and companies."
Sam Subramanian
Trading was frenzied during the short trading week after inflation worries gave way to growth concerns. The S&P 500 ended the week 0.4% higher.
This post features the best ETFs, Select Sector SPDRs, Fidelity funds, and S&P 500 stocks of second quarter, along with what to look forward to in the third quarter.
Technology-oriented Fidelity funds were top performers in June. They performed well as bond yields fell, lifting valuation metrics of growth stocks.
The top-performing ETF themes for June 2021 include technology companies, genomics, and cloud computing. Natural gas and solar energy stocks also performed well.
The S&P 500 lost 2.2%. The Fed upended markets forecasting higher inflation. Value stocks fell while growth stocks rose amidst declining bond yields.