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U.S. Steel Just Keeps Ripping
Wednesday, December 7, 2016 - 5:04pm | 326Read More...United States Steel Corporation (NYSE: X) is building on its post-election gains, even as it perches on a two-year high. The most recent catalyst being a tweet by CNBC's Brian Sullivan that CEO Mario Longhi revealed plans to rehire up to 10,000 workers previously let gone due to slowing...
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Make The Copper Call With This ETF
Wednesday, December 7, 2016 - 3:13pm | 479Read More...Among the many asset classes racing higher following Election Day are industrial metals. The added good news is that copper is bolstering that theme. The iPath Bloomberg Copper Subindex Total Return Sub-Index (NYSE: JJC) is up 25.1 percent over the past month, and some of that ebullience is...
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Another Sector ETF To Consider This Month
Monday, December 5, 2016 - 3:15pm | 512Read More...The post-election ebullience surrounding the industrial sector, the fifth-largest sector weight in the S&P 500, has been well-documented. The Industrial Select Sector SPDR Fund (NYSE: XLI), the largest industrial exchange-traded fund by assets, is up more than 11 percent over the past month,...
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Materials Mavens: Sector ETFs To Embrace
Wednesday, November 30, 2016 - 10:26am | 529Read More...Underscoring this year's renaissance in cyclical sectors, the Materials Select Sector SPDR (NYSE: XLB) is up more than 15 percent, a showing that is good for third among the sector SPDR exchange-traded funds. The two SPDRs outpacing XLB this year are cyclical funds, those tracking the energy...
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The Industrial Revolution: Solid Sector ETF Ideas
Wednesday, November 16, 2016 - 8:37am | 465Read More...The Industrial Select Sector SPDR Fund (NYSE: XLI), the largest exchange traded fund dedicated to the S&P 500's sixth-largest sector weight, is up more than 17 percent year-to-date. That's good for the second-best performance among the sector SPDR ETFs with only the Energy Select...
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A High-Flying Industrial ETF
Tuesday, October 11, 2016 - 4:32pm | 516Read More...Industrials, the sixth-largest sector weight in the S&P 500, usually is not associated with excitement. “Solid” is more like it, and that is what the sector has been this year as some of the largest industrial exchange-traded funds are sporting gains of just over 10 percent. A Close...
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Industrial Conglomerate Stocks Under Pressure Amid Light Guidance From Honeywell
Friday, October 7, 2016 - 11:38am | 441Read More...Shares from the industrial conglomerate are under pressure after Honeywell International Inc. (NYSE: HON) provided a downbeat forecast for the third and fourth quarters. The company now expects GAAP EPS of $1.60 and adjusted EPS of $1.67 for the third quarter. The company claimed that it was in...
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MSC Industrial Operating In A Weak Environment, Says BMO
Thursday, July 7, 2016 - 3:43pm | 223Read More...BMO maintains its Market Perform rating on MSC Industrial Direct Co Inc (NYSE: MSM), expressing concern over the company's weak operating environment. The company's third quarter EPS came in better than expected as slow sales were offset by cost reductions. But, fourth-quarter sales and guidance...
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Railway Takeaways From Citi Industrials Conference
Friday, June 17, 2016 - 1:33pm | 354Read More...The 2016 Citi Industrials Conference took place this week, and analyst Christian Wetherbee released a series of new notes with takeaways from the conference and commentary on a number of railway stocks. Here’s a look at what he had to say. Kansas City Southern (NYSE: KSU): Wetherbee saw CFO...
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Look What's Lurking In This Low-Volatility ETF
Thursday, May 12, 2016 - 4:18pm | 515Read More...Take a poll of investors who are familiar with low-volatility exchange-traded funds, of which data suggest there are plenty, and ask those investors what sectors they would use to build a new low-volatility ETF. Chances are those polled would say a low-volatility ETF should include consumer...
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Jefferies Downgrades Steel Giants En Masse
Monday, March 21, 2016 - 11:20am | 478Read More...Despite recent evidence that the steel market is improving, bolstered by near-term upside, Jefferies issued an industry note, broadly downgrading top steel companies. Jefferies cited seasonal restocking, demand growth and "mounting protectionist trade barriers" as all near-term tailwinds. However,...
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Miners Sell Off After Bonanza Creek Downgrade, Vale Partnership
Tuesday, March 8, 2016 - 11:42am | 406Read More...Bonanza Creek Energy Inc (NYSE: BCEI) is down 15 percent in early trading Tuesday, on the back of recent downgrades and news within the space. Northland Securities downgraded Bonanza last month from Outperform to Market Perform, and on Tuesday, Credit Suisse circulated a research note regarding...
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Big Insider Buys At American Express, General Electric And Kinder Morgan
Tuesday, February 2, 2016 - 9:54am | 558Read More...Some insiders continue to take advantage of the ongoing market volatility to snap up bargains. Notable insider purchases this past week came from the financial, industrial and energy sectors. Strong insider buying is often considered a positive sign for investors, particularly during volatile...
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It Might Finally Be Time For Industrial ETFs
Friday, January 29, 2016 - 2:16pm | 534Read More...Industrial stocks and exchange-traded funds have been duds. Over the past year, the Industrial Select Sector SPDR Fund (NYSE: XLI), the largest industrial ETF is down 9.3 percent, a loss that is more than double that of the S&P 500 over the same period. For the six-year period ending 2015, XLI...
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Industrial ETFs Look For Better Things In 2016
Tuesday, December 8, 2015 - 2:44pm | 588Read More...The Industrial Select Sector SPDR (Sector Spdr Trust Sbi (NYSE: XLI)), the largest industrial sector exchange-traded fund by assets, is off 2.6 percent this year, a performance that has XLI in fifth place among the nine sector SPDR ETFs. Another way of looking at that scenario: XLI is the best of...















