XLU - Utilities Select Sector SPDR Fund
| Previous Close | 56.70 |
| Open | 56.70 |
| Bid | 57.71 x 3200 |
| Ask | 57.94 x 3000 |
| Day's Range | 56.68 - 57.93 |
| 52 Week Range | 43.44 - 71.10 |
| Volume | 13,548,756 |
| Avg. Volume | 16,863,314 |
| Net Assets | 11.16B |
| NAV | 57.79 |
| PE Ratio (TTM) | N/A |
| Yield | 3.44% |
| YTD Daily Total Return | -8.97% |
| Beta (5Y Monthly) | 0.42 |
| Expense Ratio (net) | 0.13% |
| Inception Date | 1998-12-16 |
- Investopedia
Where in the World to Invest Now, According to Hedgeye
As global economies try to lift themselves off the mat in the wake of the coronavirus pandemic and ensuing recession, many market observers may be fooled by the rapid rise in equity prices around the world. Keith McCullough, CEO of Hedgeye Risk Management, is not. Having experienced a few other financial crises, McCullough and his team are more than skeptical about the strength of the recovery, the spending deployed to help it, and the staggering amount of debt being run up by governments and companies in the wake of the crisis.
- Yahoo Finance Video
Market Recap: Monday, June 1
All three major indices closed in the green after Monday’s trading session, with investors looking beyond George Floyd protests, rising U.S.-China tensions and worries over the coronavirus. The Final Round panel discusses the latest.
- Yahoo Finance Video
Market Recap: Friday, May 29
Stocks closed at their highest levels since at least March, ending Friday’s volatile session mostly higher after President Donald Trump announced retaliatory measures against China that were less negative for markets as some had feared. Myles Udland, Sean Smith, Rick Newman, and Akiko Fujita discuss on The Final Round.
- MarketWatch
Utilities ETFs outperform as investors make defensive bets
Exchange-traded funds with exposure to utilities rallied Thursday, part of a broader defensive tone in the market. The Utilities Select Sector SPDR fund was 2.6% higher midday, the biggest gainer among the ETFs that track various S&P 500 sectors. Competitors like the Vanguard Utilities ETF and the iShares U.S. Utilities ETF rose about 2.5%. Investors preferred consumer staples over consumer discretionary stocks, sending the Select Sector SPDR fund tracking staples up 1%, and the one tracking discretionary plays up 0.6%. The Energy Select Sector SPDR and the Financials Select Sector SPDR were both about 1% lower, suggesting that investors have yet to fully embrace a rotation to more beaten-down sectors.
- GuruFocus.com
Louis Moore Bacon Buys Ross, Bets on Corporate Debt
Moore Capital Management’s top 1st-quarter buys Continue reading...
- Yahoo Finance Video
'What we've seen in the economy is unlike anything we have ever seen': Strategist
Liz Ann Sonders, Charles Schwab Chief Investment Strategist, joined Yahoo Finance's Myles Udland, Seana Smith, Dan Roberts, and Melody Hahm to discuss her outlook for the U.S. economy.
- Yahoo Finance Video
U.S. treasury holds first 20-yr bond auction since 1986
The U.S. Treasury is gearing up to auction a $3 trillion in debt to finance the growing federal budget deficit. Charles Schwab Chief Fixed Income Strategist Kathy Jones joins Yahoo Finance’s Seana Smith to discuss.
- ETF.com
Best & Worst Sector ETFs Of The Year
Sector returns range from as much as -34% to +5% for the year.
- GuruFocus.com
Top 1st-Quarter Buys of George Soros' Firm
Guru ups stake in Peloton, buys TransDigm Continue reading...
- MarketWatch
What’s the most shorted sector? The answer might surprise you
Will markets go up or down as we move toward summer? No one knows for sure, but one metric to watch is activity among short sellers — investors who believe a particular security will decline in value.
- Yahoo Finance Video
I think a ‘square-root’ recovery is more likely than a V-shaped one: Expert
Director of Fiscal Policy at the American Action Forum Gordon Gray joins Yahoo Finance’s Seana Smith to break down the April jobs report and how some workers are making more on unemployment compared to their wages before the coronavirus pandemic.
- Yahoo Finance Video
Tesla turns negative after David Einhorn questions billing practices
Yahoo Finance’s Emily McCormick joins Seana Smith to break down why short-seller David Einhorn is questioning Tesla's billing practices.
- Yahoo Finance Video
Stocks drop as another 3.84 million Americans file for unemployment benefits
Weekly jobless claims climbed another 3.84 million on the heels of worse-than-anticipated first-quarter GDP data. Invesco Global Market Strategist Brian Levitt joins Yahoo Finance’s Seana Smith discuss.
- ETF Database
Sell on the Pop Prospects: April 29 Edition
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its 20-day moving average, thereby offering a near-term “sell on the pop” opportunity given the longer-term downtrend at hand. Note that this prospect list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.
- Yahoo Finance Video
Stocks tumble as Brent crude dips to 18-year low
Academy Securities Head of Macro Strategy Peter Tchir joins Yahoo Finance’s Seana Smith to discuss the impact of oil's historic plunge on the markets.
- GuruFocus.com
Where Can Dividend Investors Hide?
In a turbulent Covid-19 environment, few havens can be found Continue reading...
- Yahoo Finance Video
Earnings outlook amid coronavirus market volatility
Charles Schwab Chief Global Strategist Jeffrey Kleintop joins Yahoo Finance’s Seana Smith to discuss how the coronavirus may impact earnings season, as big banks gear up to report results Tuesday.
- Investopedia
3 Regulated Utilities Stocks Powering Higher
Regulated utilities stocks have surged higher in recent trading sessions. Play the momentum by trading these bellwether names.
- InvestorPlace
Finding Predictability Amid the Uncertainty on Wall Street
Looking for any sign of normalcy during these tumultuous times? Any sign at all?Source: Shutterstock Well, you may be glad to know that during this moment of incredible uncertainty on Wall Street, the stock market is actually following some fairly familiar patterns.We all know that the U.S. economy fluctuates between periods of expansion and contraction. Sometimes those fluctuations last a few years, and sometimes they last a little longer.InvestorPlace - Stock Market News, Stock Advice & Trading TipsWe've all been spoiled for the past decade because the expansionary period -- and the related bull market -- lasted for so long.However, all expansions eventually come to an end, and it looks like we're at the end of the most recent expansion.The good news is that all contractions also eventually come to an end, so we can all be on the lookout for it. Hopefully it's not too far around the bend.So, what are we seeing now in the stock market, and what should everybody be looking for in the future to identify the bullish turn? Sector Rotation in the S&P 500Historically -- remember, we've seen market corrections before -- when the stock market pulls back, defensive sectors, like healthcare, consumer staples and utilities, tend to outperform.Similarly, when the stock market starts to bottom out, more aggressive sectors, like financials, consumer discretionary and technology, tend to outperform.The business cycle chart in Fig. 1 illustrates the relationship between the stages of the cycle -- expansion and contraction in the economy -- and the stock market sectors that tend to outperform during each stage of the cycle.Source: Chart by InvestorPlace Fig. 1 -- Sector Rotation during the Business CycleSo, what's happening now?Since the S&P 500 hit its peak on Feb. 19, every sector in the market has experienced a double-digit percentage drop.However, some sectors have outperformed others during the bear-market reversal. Can you guess which ones? Which Sectors Are Outperforming?Let's look at a comparison chart of the S&P 500 and the 10 S&P 500 sectors as represented by the Select Sector SPDR exchange-traded funds (ETFs). These ETFs are tracked by State Street Global Advisors.Here's the breakdown of the performance of each fund in the sector-comparison chart in Fig. 2: * Health Care Select Sector SPDR Fund (NYSEARCA:XLV): -17.2% * Consumer Staples Select Sector SPDR Fund (NYSEARCA:XLP): -17.3% * Technology Select Sector SPDR Fund (NYSEARCA:XLK): -23% * Utilities Select Sector SPDR Fund (NYSEARCA:XLU): -24.1% * SPDR S&P 500 Fund (NYSEARCA:SPY): -26% * Consumer Discretionary Select Sector SPDR Fund (NYSEARCA:XLY): -28.1% * Materials Select Sector SPDR Fund (NYSEARCA:XLB): -28.2% * Real Estate Select Sector SPDR Fund (NYSEARCA:XLRE): -29.4% * Industrial Select Sector SPDR Fund (NYSEARCA:XLI): -32.6% * Financial Select Sector SPDR Fund (NYSEARCA:XLF): -36.2% * Energy Select Sector SPDR Fund (NYSEARCA:XLE): -49%Source: Chart courtesy of TradingView Fig. 2 -- SPDR Sector ETFs Comparison Chart, Mid-March to AprilAs you can see, three of the top four performing sectors during the past six weeks are healthcare, consumer staples and utilities.This is exactly what we would expect to see.So, why is this good news?It's good news because even though we don't know exactly what is going to happen next in the novel coronavirus pandemic, we can be quite confident that Wall Street is going to behave like it has during past pullbacks.That means we can put the odds in our favor by making trades that are informed by history.It also means we can watch the financial, consumer discretionary and technology sectors for signs of a turnaround in the future and be confident in what we're seeing. The Bottom LineWe haven't seen the end of the volatility on Wall Street. Every new revision in the United States' potential Covid-19 death toll will bring swings in the stock market.However, we can navigate these choppy waters. We've got a few historical lighthouses on the shore serving as markers that we can watch to avoid the rocks.John Jagerson & Wade Hansen are just two guys with a passion for helping investors gain confidence -- and make bigger profits with options. In just 15 months, John & Wade achieved an amazing feat: 100 straight winners -- making money on every single trade. If that sounds like a good strategy, go here to find out how they did it. John & Wade do not own the aforementioned securities. More From InvestorPlace * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * This Stock Picker's Latest Video Just Went Viral * The 1 Stock All Retirees Must Own The post Finding Predictability Amid the Uncertainty on Wall Street appeared first on InvestorPlace.
- Investopedia
Charts Suggest That Utilities Sector Could Trend Higher
Nearby support levels could be used as guides for how to trade a potential move higher in the utilities sector.
- Yahoo Finance Video
ETFs that are outperforming amid market volatility
ETF Trends CIO & Director of Research Dave Nadig joins Seana Smith on The Ticker to discuss his top ETF picks amid market volatility surrounding the coronavirus outbreak.
- Yahoo Finance Video
‘The answer is having a well balanced portfolio’: Advisors Asset Management Managing Director
Lance McGray, Advisors Asset Management Managing Director and Head of ETF Product, joins the On The Move panel to discuss how the markets are faring amid the coronavirus and what impact the virus has had on ETFs.
- GuruFocus.com
3 Sectors Holding Up Well Despite Market Selloffs
Companies in these industries have seen less bearish sentiment compared to the broader US market Continue reading...
- Yahoo Finance Video
‘I think we’re only a percentage point or two away from a bear market’: CFRA Chief Investment Strategist
Sam Stovall, CFRA’s Chief Investment Strategist, joins On The Move to discuss how the markets are faring amid the coronavirus outbreak and how leadership is responding to the health scare.
- Investopedia
Which ETFs Have Outperformed Through the Sell-Off
During the coronavirus-spurred 2020 stock correction, these ETFs have outperformed the market, including U.S. Treasuries, bonds, gold and China-linked ETFs.
