Eric Dutram: Although Europe clearly has some severe issues, the situation is much better in the U.S. market. While the jobs picture is still cloudy, the industrial side of the equation is looking much more robust. Read more…
NYSE:AXID, NYSE:FAA, NYSE:IGEM, XLI
Ron Rowland: I’ve been investing in sectors for more than 25 years — first with mutual funds and now ETFs. Following the trends from one industry to the next is one of the best investment strategies I know. Read more…
ITA, NYSE:EVX, VIS, XLI
Today is my first day back from vacation, so it’s time to dive back into the action! Most guys in my firm are embracing this down move as last week the Dots started to connect for further downside. I was stopped out of remaining longs from the Bahamas Read more…
OIH, XLI
Bill Luby: While there was a lot going on in the sector space during the rally from October to April and the pullback earlier in the month, I have yet to see any sort of detailed explanation of what happened during these two periods. Read more…
XLB, XLE, XLF, XLI, XLK, XLY
Stocks lost ground last Friday, as volume edged higher as well. The major indices all fell more than one percent, with the higher beta exchanges leading the decline. The small-cap Russell 2000 (NYSEARCA:IWM) and Nasdaq Composite both plunged 1.5%, while the S&P MIdCap 400 and the S&P 500 Read more…
XLB, XLI
Stoyan Bojinov: Stocks broadly ended the trading session on a sour note as less-than-stellar data paved the way for profit taking pressures. Major indexes on the home front ended up in red territory after consumer confidence came in worse-than-expected; the figure came in at 70.2, falling short of analyst estimates Read more…
XLI
Stocks closed lower across the board on Thursday on mixed trade. All five major indices closed in the red. The S&P MidCap 400 led the decline as it slid 1.1%. The small-cap Russell 2000 (NYSEARCA:IWM) dropped 1.0%, while the S&P 500 (NYSEARCA:SPY), Dow Jones Industrial Average Read more…
UGA, XLI
The Select Sector SPDR Trust, which offers a family of exchange-traded funds (ETFs) that divide the S&P 500 into nine individual sector funds, saw its average monthly assets climb 32 percent, or $10.5 billion, in 2011, further entrenching its position as the largest sector ETF family. Launched in 1998, Read more…
XLB, XLF, XLI, XLK, XLU
Since the S&P500 definitively broke support in the 1,250′s in early August of 2011 every rally approaching that key level has Read more…
XLB, XLE, XLI
Stoyan Bojinov: Stock markets rebounded higher on Thursday as investors rejoiced over better-than-expected employment data on the home front. U.S. jobless claims fell to 364,000, marking the lowest number of people applying for unemployment benefits since April 2008. Bullish momentum on Wall Read more…
XLI
US stock futures point to a higher open on Wall Street, although they have retreated from pre-market highs. Yesterday, initial comments out of the European Summit disappointed investors and sent the market tumbling. Overnight, 23 Euro zone nations agreed to a new inter-governmental treaty on fiscal discipline, but Read more…
OIH, SPY, XLI
Stoyan Bojinov: Direxion laid the groundwork for several new products in a recent SEC proposal, including a handful of sector ETFs as well as an international equity offering. The Boston based issuer detailed plans to potentially ramp up its product lineup with four new 3x leveraged bull-bear pair Read more…
NYSE:GDXJ, SIL, TUR, XLI
US stock futures are back up near Wednesday’s opening price this morning as investors continue to focus firmly on Italy. Yesterday the Dow dropped almost 400 points as Italian bond yields surged past the 7% mark that is seen as the point of no return. At a time when the country has a lot of debt to refinance, borrowing costs are seen as Read more…
OIH, VXX, XLF, XLI
Ron Rowland: It’s easy to get caught up in recent stock market action. Then there are investment advisors who often go to the other extreme, urging their clients to ignore current events and think “long term.” The correct answer is somewhere in between. Read more…
SPY, XLB, XLF, XLI
Stoyan Bojinov: Domestic equity indexes finally slipped lower yesterday following a solid three-day rise. Stocks were hit as investors worries over the Euro zone resurfaced, consequently sparking a rally in the gold market. Futures prices for the yellow metal soared over $30, managing to close just around Read more…
XLI
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