|Bid||0.00 x 21500|
|Ask||0.00 x 28000|
|Day's Range||60.74 - 61.40|
|52 Week Range||53.36 - 78.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||1.38|
|Expense Ratio (net)||0.13%|
Investors will turn their attention to Washington this week, as the Federal Open Market Committee gears up for its two-day meeting and representatives from big tech companies head to Capitol Hill to testify.
Saudi Aramco has had to cut production by as much as 5 million barrels a day after the Houthi rebel group in Yemen led a drone attack on the the biggest crude-processing plant. The shutdown amounts to ...
While the rest of the market was stuck in sideways action, energy sector-related exchange traded funds led the charge Monday on rising oil prices in response to Saudi Arabia energy minister’s confirmation ...
Energy sector ETFs surged Thursday after a surprise drawdown in oil inventories and hopes of progress in trade talks between the U.S. and China helped fuel risk-on sentiment in one of the most downtrodden ...
The Utilities Select Sector SPDR (XLU) , the largest utilities sector ETF, and rival utilities ETFs are often embraced by income investors due to above-average yields. Indeed, XLU currently has a dividend yield of 3.07%, which is well above what investors will find on 10-year Treasuries or the S&P 500. While XLU's dividend yield is certainly attractive in a world of low yields, its yield is below the 3.35% offered by the Energy Select Sector SPDR (XLE) , the largest equity-based energy ETF.
Energy ETFs were among the hardest hit Friday after China revealed its intent to raise tariffs on U.S. goods and particularly singled out crude oil imports. Among the hardest hit ETFs on Friday, the Invesco ...
The Energy Select Sector SPDR (XLE) , the largest equity-based energy ETF, is lower by more than 7% this month and its year-to-date gain is close to evaporating, but some market observers believe battered energy stocks are ready to turn higher. XLE’s recent woes have the ETF trading below its 50- and 200-day moving averages, giving short-term traders little reason to approach the fund from the long side. The trade war with China is intensifying pressure on oil prices and energy stocks, and some analysts believe oil supplies are trending higher.
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, is in free fall, having tumbled nearly 10% this month as it labors 28% below its 52-week high, but some analysts believe ...
As last week's yield curve inversion signals time may be running short on the decade-long bull market, a couple of ETFs are well poised to outperform.
As a closely segment of the yield curve inverts, signaling a potential recession ahead, investors may want to look to energy and technology sector ETFs in the mean time. Bank of America Strategist Mary ...
Oil prices fell to their lowest levels since January last week as trade war fears returned. Energy stocks fell in sympathy and remain one of the weakest sectors heading into the new week. Today we'll analyze the downside reversal and identify three energy stocks to sell.Source: Shutterstock The easiest way to spot the bears' emergence in oil stocks is by using the Energy Sector ETF (NYSEARCA:XLE). We saw downside momentum surge during last week's whack suggesting the downtrend should have staying power. Volume surged alongside the slide revealing mass distribution and an environment where rallies should be suspect. The mid-week recovery was cut short ahead of the weekend. Friday's bearish reversal candle is seeing follow through this morning making now a prime time to deploy short trades in the sector. * 10 Real Estate Investments to Ride Out the Current Storm I've scoured its constituents and discovered three high-quality stocks to sell. Let's take a closer look.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Conoco Phillips (COP)Source: ThinkorSwim ConocoPhillips (NYSE:COP) carries one of the best characteristics for bearish candidates: relative weakness. This year's descent has far outpaced the energy sector making it one of the weakest large-gaps in the space. Last week's plunge pushed COP stock to a 52-week low, and it's now down 14% year-to-date.Thursday's rally was quickly reversed on Friday showing just how fast sellers are to reject any strength. With all major moving averages pointing lower and buyers unable to muster together more than a one-day rally, the path of least resistance remains lower.To bank on further weakness, buy the Nov $55/$50 bear put spread for $2.20. The risk is limited to the initial cost, and the reward is $2.80. Schlumberger (SLB)Source: ThinkorSwim Schlumberger (NYSE:SLB) also slipped to a 52-week low last week and found itself down 5% year-to-date. While the damage isn't as severe as what we've seen in COP stock, SLB remains in a secular decline with countless failed rallies. Thursday's rebound attempt was pathetic and rapidly reversed by Friday's slide.I see zero reasons to be bullish here or fight the trend, which is pointing lower across all time frames.Implied volatility sits at a lofty 40% or the 56th percentile of its one-year range so short premium plays are attractive right now. This should allow us to build a cash flow trade with robust metrics. * 7 Large-Cap Stocks to Sell Right Now If you're willing to bet SLB sits below $35 at September expiration then sell the $35/$37.50 bear call spread for 70 cents. The reward is 70 cents, and the risk is $1.80. Halliburton (HAL)Source: ThinkorSwim Halliburton (NYSE:HAL) rounds out our trio of bearish beauties. From a performance perspective, it's the worst of the three with a year-to-date loss of 27%. It has been poison to portfolios. Last week's oil drop didn't just push HAL stock to a new 52-week low; it knocked to its lowest level since 2009.As you would expect with such atrocious performance, everything on the chart points to lower prices. The trend on all time frames is cruising lower, moving averages are falling, and relative weakness has followed the stock like a hellhound.Implied volatility is sky-high at the 77th percentile of its one-year range. To combat the expensiveness of option premiums, spreads are a must.Buy the Oct $20/$17.50 bear put spread for around $1.05. The risk is limited to $1.05, and the reward is limited to $1.95.As of this writing, Tyler Craig didn't hold positions in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Large-Cap Stocks to Sell Right Now * 7 Stocks Under $7 to Invest in Now * 7 Marijuana Stocks With Critical Levels to Watch The post 3 Energy Stocks to Sell Now appeared first on InvestorPlace.
Oil services sector-related exchange traded funds were among the hardest hit Friday as ProPetro Holding (NYSE: PUMP) dragged on the sector, following a delayed filing in its quarterly report due to an ...
Amid bearish fundamentals, many investors have turned bearish on the energy sector and are seeking to tap this opportunity. For them, an inverse or leveraged inverse play on energy or oil could be an excellent idea.
The Energy Select Sector SPDR (NYSEArca: XLE), the largest equity-based energy ETF, is lower by nearly 6% over the past week. Some traders are betting on more weakness for the benchmark energy fund. The ...
Yahoo Finance's Alexis Christoforous, Brian Sozzi and Jared Blikre discuss what's moving the markets with Kathy Jones, Chief Fixed Income Strategist at Charles Schwab around Tuesday's opening bell.