XES News and Press, SPDR Series Trust S&P Oil & Gas Equipment & Services From 01/01/24

2024-01-01 07:38:22 ET Summary Energy had a poor 2023, but there were important differences within the sector. Oilfield services stocks, specifically those with offshore and international exposure, are outperforming relatively. I summarize my macro and energy thesis for 2024 a...

2023-12-21 04:25:00 ET Summary The OPEC Monthly Oil Market Report for December 2023 was published recently. OPEC crude output was 27837 kb/d in November, output for October 2023 was revised lower by 5 kb/d compared to last month’s report and September 2023 OPEC crude output...

2023-12-20 01:58:00 ET Summary Sentiment towards energy and oil is as bad as it gets. A number of fundamental indicators of the oil market are slowly turning bullish. With speculative positioning as bearish as it's been in years and geopolitical risks again on the rise, we loo...

2023-12-18 12:06:39 ET More on SPDR S&P Oil & Gas Equipment & Services ETF XES: Oil Services To Benefit From Long-Term Upstream Spending Seeking Alpha’s Quant Rating on SPDR S&P Oil & Gas Equipment & Services ETF Dividend scorecard for ...

2023-12-16 00:15:00 ET Summary Outlook for oil in 2024. The forces driving oil prices lower. What slowing growth could mean for commodity prices. While demand has been strong, even stronger supply has weighed on oil this year. MoneyTalk’s Greg Bonnell ...

2023-12-12 04:14:00 ET Summary How elections in Taiwan and the U.S. could dramatically reshape relations with China. Why globalization is changing in ways not seen in decades. Onshoring and the impact on manufacturing. From geopolitical conflicts to market volatili...

2023-11-20 09:33:00 ET Summary For the week, the S&P 500 was up 2.2%. After three consecutive up weeks, we are now just 1.6% below the 2023 high-water mark, set on July 31. The best performer last week was the small-cap Russell 2000, as investors sought bargains among the asse...

2023-11-19 20:28:26 ET Summary Oil services companies have substantially underperformed since 2014. However, the long-term outlook for upstream spending looks favorable for the oil services sector. Despite the short-term risk of a global economic slowdown, buying XES ETF for t...

2023-11-18 15:30:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...

2023-11-09 07:15:00 ET Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...