|Bid||0.00 x 1100|
|Ask||0.00 x 3000|
|Day's Range||26.46 - 26.69|
|52 Week Range||17.35 - 28.20|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.65%|
President Trump’s administration passed a tax plan in December that was enacted in January and revolved mainly around corporate tax cuts and personal tax rate adjustment. The plan cuts the corporate rate from 35% to 21%.Source: Investment Zen via Flickr (Modified)
White House called the first major refurbishment of the tax code since 1986 a "celebration" for American workers. These sector ETFs benefited from the tax overhaul.
After peaking in the first month of the year, Wall Street was caught in a vicious circle of volatility that stemmed from inflationary expectations and trade war fears. The Nasdaq Composite has been the outperformer in the first six months of 2018, gaining more than 9% while the S&P 500 rose 1.7%. Dow Jones logged in the worst first half performance since 2010, losing 2%.
As we are drawing close to the trade-tension-wreaked second quarter of 2018, a look at winning sector ETFs makes sense. Not only trade, the quarter has seen hawkish central bank activities, political turmoil in Europe and acute emerging market selloffs.Source: Shutterstock
In this series on the biggest movers in the energy sector this week, we’ll look now at the stocks with the biggest losses in the US refining and marketing sector. To compile the list of the stocks that lost the most, we’ve selected refining and marketing companies with market capitalizations greater than $100 million and average trading volume greater than 100,000 shares last week.
In this series on the biggest movers in the energy sector this week, we’ll look now at the stocks with the biggest losses in the US refining and marketing sector. To compile the list, we’ve selected refining and marketing companies with market capitalizations greater than $100 million and average trading volume greater than 100,000 shares last week. World Fuel Services (INT) is the only declining stock this week from the refining and marketing sector.
To compile the list of top refining and marketing losers, we have selected refining and marketing energy companies with market capitalizations of over $100 million and a weekly average volume over 100,000 shares last week. Valero Energy (VLO) stock is the only stock from the refining and marketing sector to see losses this week. The down move in Valero Energy is a part of the consolidation around its 50-day moving average.
The fourth-quarter earnings season is expected to be strong, with earnings growth likely to pick up and continue accelerating after dipping in the preceding quarter. The S&P 500 index is anticipated to see earnings growth of 9.2% and revenue growth of 7%. The market is also at record levels, scaling series of highs at the start of the year.Source: Shutterstock
With oil prices sliding, it is not surprising that the energy sector and its related exchange traded funds are struggling. However, some parts of the energy sector take oil’s struggles particularly hard. ...