XLI Stock Recent News
XLI LATEST HEADLINES
Four sectors -- Construction, Tech, Transportation and Industrial Products -- have seen increased earnings estimates for Q2 since the quarter started.
The first-quarter earnings reporting cycle is nearing an end. Though investors' top focus remains on bottom line, top line probably tells you more about the inherent strength of a company.
Looking for broad exposure to the Industrials - Broad segment of the equity market? You should consider the Industrial Select Sector SPDR ETF (XLI), a passively managed exchange traded fund launched on 12/16/1998.
The index plummeted all the way down to -31.8, the lowest since January when the index reached a slightly worse -32.9. The month-over-month declines across many categories were nothing short of historic in May.
Discover the potential of these sector ETFs in the face of slowing but estimate-beating April U.S. manufacturing data.
While I've recently discussed what is driving outperformance in the consumer discretionary sector and the communications sector, the industrial sector has recently looked more interesting.
Bottom line may be investors' top focus amid an earnings season, but top line probably tells you more about the inherent strength of a company.
The Colorado River is now at the point where it cannot provide the required level of water for the 7 states that rely on it. This is a significant macroeconomic event that negatively changes the economic picture for both producers and consumers in these 7 states.
The Industrial Select Sector SPDR ETF is up by 2.2% while the SPY has gained 7.8% since we initiated our tactical relative value short on the XLI. Our relative value short on the XLI has thus delivered a 5.6% gain, well within our target time frame of 12-18 months.
Carter Worth, Worth Charting, on industrials with CNBC's Melissa Lee and the Fast Money traders.