Log In

The Technical Analyst

Main Menu

  • Home
  • Research
    • Provider Directory
  • Training
    • Introduction
    • Calendar
    • In-house training
    • e-Learning
    • Our clients
    • Testimonials
  • Awards
  • Contact
  • Sign Up

Tech sector to lead equities higher

Monday 20 November 2017 15:22 GMT

The Technology sector is a prime candidate to lead equities higher over the coming quarters, according to Ari Wald, Technical Analyst at Oppenheimer.

Wald points out that the S&P 500 Technology sector (XLK) has experienced a 17-year breakout in price and that the Technology sector in Europe is similarly breaking through decade-long resistance (see Chart 1). On top of this, Wald says the sector is additionally attractive because of its relative resilience to an environment of fluctuating interest rates.

Wald thinks the Tech story is global and is particularly good news for South Korea, providing good reason to be a buyer of Korean equities using the iShares South Korea (EWY) ETF, which has a 40% Tech weighting and is also experiencing a breakout from a decades’ long trading range (see Chart 2).

See Chart 1 and Chart 2.

 

Research Archives

2022

  • July
  • June
  • May
  • April
  • March
  • February
  • January

2021

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2020

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2019

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2018

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2017

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2016

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2015

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2014

  • December
  • November
  • October
  • September
  • August
  • July
  • June
  • May
  • April
  • March
  • February
  • January

2013

  • December
  • October
  • September
  • August
  • July

2004 – 12

Research Categories

AI & Data Science

Commodities & Energy

Equities

Fixed Income

FX

Multi-Asset

Software & Technology

Get in Touch

Global Markets Media T: +44 (0)1483 573150
E:editor@technicalanalyst.co.uk
Sign Up
A:
The Technical Analyst
96 High Street
Guildford, Surrey, GU1 3HE
United Kingdom

The Technical Analyst

Since its launch in 2004, The Technical Analyst has brought technical analysis research and commentary to the institutional financial markets, supported by regular events and training courses.

The Technical Analyst is a division of Global Markets Media Ltd.

Copyright © 2022 Global Markets Media

Footer Menu

  • Cookies
  • Disclaimer
Design by Web Design London
This website uses cookies to store information on your computer. See our cookie policy for details on how to block cookies.
I am happy to proceed