XLE News and Press, SPDR Select Sector Fund - Energy Select Sector From 06/17/24

2024-06-17 11:51:35 ET More on Crude Oil Futures: IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Commodity Roundup: Oil ticks lower as China's factory output d...

2024-06-17 08:30:00 ET Summary My caution on Exxon Mobil in April was timed to perfection, as XOM stock has underperformed the S&P 500 since then. Energy investors were too optimistic about oil prices staying higher for longer back then. With oil prices potentially bottomi...

2024-06-16 13:39:28 ET Summary WTI crude oil remains in the upper $70s, performing well last week despite macro challenges. Energy sector stocks continue to struggle compared to tech-related stocks, with XLE hitting 26-month relative lows versus the S&P 500. I have a buy r...

2024-06-15 20:25:46 ET More on energy stocks XLE: The Biggest S&P 500 Sector Shareholder Yield, A Compelling Value Case XLE: Market Misunderstanding Creates An Opening LNG Exports And Natural Gas Dynamics Read the full article on Seeking Alpha For...

2024-06-14 20:15:57 ET More on crude oil IEA's 2030 Outlook - I Don't Even Know Where To Start February Non-OPEC And World Oil Production Rises Midday In The Permian: WTI Could Rally Soon Read the full article on Seeking Alpha For further details see:...

2024-06-14 19:12:00 ET The S&P 500 ( SP500 ) on Friday advanced 1.58% for the week to end at 5,431.60 points, posting gains in four out of five sessions. Its accompanying SPDR S&P 500 ETF Trust ( NYSEARCA: SPY ) added 1.64% for the week.... Read the fu...

2024-06-14 14:53:56 ET Summary XLE has the highest shareholder yield in the S&P 500 Energy sector at 7.6%. With a P/E in the low teens, the valuation case is very strong. But XLE faces technical challenges with a bearish false breakout risk, and I note key levels on the ch...

2024-06-14 12:31:42 ET With the first half of 2024 almost in the books, investors will notice that 10 of the 11 S&P 500 ( SP500 ) sectors are higher on the year and only two segments are topping the YTD return of Wall Street's benchmark index.... Read the full article on Seeki...

2024-06-14 09:45:00 ET Bets against energy stocks were significantly lower at the end of May. Average short interest across energy stocks in the S&P 500 index fell 32 basis points to 2.33% of shares floating at the end of May.... Read the full article on Seeking Alpha For fu...

2024-06-14 08:30:00 ET Summary Energy sector investors have endured a disappointing two months. Bearish sentiments in crude oil futures have likely contributed to the weakness. OPEC+'s recent decision led to an initial selloff, but crude oil futures assess a bottoming signal. ...