|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||54.58 - 54.97|
|52 Week Range||45.33 - 55.90|
|PE Ratio (TTM)||9.04|
|Expense Ratio (net)||0.14%|
Even though markets were in the red this morning, the S&P is coming off a record closing streak not seen in 20 years. Are there still strong areas of opportunity in this market? Matt Cheslock of Virtu Financial joins us from the floor of New York Stock Exchange.
Even with major indexes sitting near all-time highs, Paul Schatz, President of Heritage Capital, says this bull market is far from over.
The Federal Reserve released its September industrial production report on October 17. The report indicated that key sectors in the US economy increased production in September.
The Utilities Select Sector SPDR ETF (XLU) is currently trading at a marginal discount to its 50-day simple moving average while it's trading 4% above its 200-day simple moving average level.
Although the S&P 500 has been on a tear this year, and hit another new high yesterday, Societe Generale’s Alain Bokobza and his team don’t see that streak continuing, projecting a 2,450 close this year and 2,500 for year-end 2018. More detail from his note: Clear impact of Treasury yield on US sector performance, less obvious for US dollar: A bivariate analysis (versus the dollar and the level of rates using quarterly data from 2007 onwards) looks less compelling graphically. In materials, for example, the negative sensitivity to the dollar index is clearly visible, but it seems to be trumped by the sensitivity to higher yields, leading to a predominant outperformance in the upper right quadrant.
The ADP National Employment Report for September 2017 showed some weaker improvement in private sector employment to 135,000 in September compared to the market’s expectation of 125,000.
On October 6, 2017, the Utilities Select Sector SPDR ETF (XLU) had an implied volatility of 11.2%—higher than its 15-day average implied volatility.
US utility stocks took a breather last week after correcting more than 5% in the last few weeks. The Utilities Select Sector SPDR ETF (XLU) rose 0.7%.
While there are nearly as many ways to slice and dice the stock market as there are analysts on Wall Street, one of the best is still the simplest. The 10 Select Sector SPDR exchange-traded funds break the market down into digestible chunks with just enough granularity to point out opportunities. It is no surprise that technology led the pack for much of this year and the Technology Select Sector SPDR Fund (NYSEARCA:XLK) is still up 22.6% year-to-date vs. 13.4% for the S&P 500 Index.
Hurricane Irma, the higher possibility of another rate hike in 2017, and now proposed lower income tax rates have posed a triple threat to the utility sector (VPU). Although utility stocks have fallen…...
US utility stocks (VPU) might continue to fall. The Utilities Select Sector SDPR ETF (XLU), which represents S&P 500 utilities, is trading at a 2% discount and a 2% premium to…
Stocks have been on a tear in 2017, with the MSCI All Country World Index up 5% (in U.S. dollar terms) this quarter alone, putting its year-to-date gains above 17. As for ETFs, the iShares MSCI Emerging Markets ETF (EEM) and the Utilities Select Sector SPDR ETF (XLU) are higher today, while the Energy Select Sector SPDR (XLE) and the iShares Europe ETF (IEV) are lower.
Monday marks the start of the October trading month, and if historical trends hold true to form, the start of October could be good news for investors. Over the past two decades, the S&P 500 averaged October ...
The United States has three primary steam coal-producing regions: the Illinois Basin, the Powder River Basin or PRB, and Appalachia.
The week ended September 22 was a shaky one for US utility stocks after the Federal Reserve seemed firm on another quarter-point rate hike by December 2017. The rise in Treasury yields led to a sharp fall ...
While US utilities continue to trade at an average EV-to-EBITDA valuation multiple of 11x, Exelon (EXC) stock is currently trading at 7.6x.
In this series, we'll be looking at the dividend yield of some of the ESG-compliant stocks that have been chosen based on their holdings in the iShares MSCI USA ESG Select ETF (SUSA).
Utilities’ (XLU) cash flow from operations have been trending downward during the last few years due to subdued electricity demand growth.