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3 Stock Market Sectors Poised for Momentum in Q3 
As headlines continue to be dominated by technology and semiconductor stocks, with AI advancements propelling companies like NVIDIA (NASDAQ: NVDA) to new heights, investors might find promising opportunities in more traditional, defensive sectors. The Financial Select Sector SPDR ETF (NYSE: XLF), Utilities Select Sector SPDR Fund (NYSE: XLU), and Industrial Select Sector SPDR Fund (NYSE: XLI) are setting up for potential momentum higher as the third quarter approaches. While these sectors may not be as exciting as the tech giants, they offer solid diversification and promising setups for traditional investors. So, let’s take a closer look at these three sectors, which are building bases ahead of potential significant directional moves in the third quarter. There's a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps?
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This way, by the time you finish the workshop you'll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again. Click here and I'll show you how to build the ultimate dividend portfolio. Utilities ETF XLU: Analyst Ratings and Price Target Insights The XLU seeks to mirror the performance of the Utilities Select Sector of the S&P 500 Index. This sector includes companies from industries such as electric utilities, multi-utilities, independent power producers, energy traders, and gas utilities. YTD, the XLU has seen a solid performance, up 9.5%. After a month-long pullback, falling nearly 5% from its 52-week high, the ETF has pulled back into a potential support zone near its rising 50-day SMA. It is now attempting to make a higher low, signaling a potential breakout higher, continuing its higher timeframe uptrend. The sector ETF's holdings have an aggregate rating of Moderate Buy based on 310 analyst ratings covering 31 companies, representing 99.7% of the portfolio. The aggregate price target for XLU holdings is $73.21, ranging from $61.89 to $84.48, and forecasts a modest upside of 5.5%. Industrial Sector Insights: XLI's Moderate Buy Ratings and Price Targets The XLI aims to reflect the performance of publicly traded equity securities in the Industrial Select Sector Index. This index includes companies in the aerospace and defense industry, industrial conglomerates, machinery, road and rail, air freight and logistics, commercial services and supplies, and professional services. Despite lagging the benchmark and overall market’s YTD gains of almost 15%, with YTD gains of nearly 8%, the XLI is consolidating above all key SMAs and remains in a higher timeframe uptrend. This lengthy consolidation near its 52-week highs suggests a breakout higher could lead to a significant upward movement. The ETF has a 1.31% dividend yield and a net expense ratio of 0.09%. Holdings in XLI have an aggregate rating of Moderate Buy based on 731 analyst ratings covering 50 companies, constituting 88.4% of the portfolio. The aggregate price target for XLI holdings is $130.96, ranging from $101.12 to $155.33, and it predicts an almost 7% upside. Its two top holdings include General Electric (NYSE: GE) and Caterpillar (NYSE: CAT). It's time you get your hands on the all new Automated Options…
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