MoneyShow Chart of the Day 7/1/26: The H1 Scorecard – and What Comes Next

Sector ETF Performance (YTD % Change Through 6/29)

Source: State Street Investment Management

On the flip side, ETFs tracking communication services and consumer discretionary lagged notably. Financials were slightly in the red as well amid lingering credit concerns, while health care managed a small gain thanks in part to a big push higher in the last month. One might even call that a last-minute “upset!”

In other asset classes, precious metals suffered a big, post-January fade. That left gold down about 6.6% in H1 and silver off 15.1%. The iShares 20+ Year Treasury Bond Fund (TLT) managed to eke out a 2.1% total return, slightly better than the State Street SPDR Bloomberg High Yield Bond ETF (JNK) that tracks riskier credits.

Meanwhile, the left-for-dead US Dollar Index enjoyed a strong H1 finish – pushing its YTD gains to about 2.8%. Worst off? You guessed it...crypto! Bitcoin lost a sizable 33% in the last six months, leaving it trading for less than half its October 2025 peak around $125,000.

As for what comes next? We saw markets broaden out a bit late in the second quarter even as tech stumbled. I wouldn’t be surprised if that action continued into Q3, and you might want to position for it. If you’re a bargain hunter, now could be a good time to nibble at precious metals and energy, too. All in all, I continue to recommend a (qualified) “Be Bold” stance – and it continues to work!

If you want to get more articles and chart analysis from MoneyShow, subscribe to our Top Pros’ Top Picks newsletter here

Please note: This is syndicated content and reflects the author’s personal views. It does not represent the opinions of this publication or its affiliates. The article is for informational purposes only and does not constitute investment advice. Always consult a registered financial professional before making any investment decisions.