PowerShares DWA Consumer Staples Momentum Portfolio ETF (PSL) - NYSEARCA
  • Jun. 16, 2015, 3:42 PM
    • The Consumer Staples ETF (NYSEARCA:XLP) is up 1.1% to outpace broad market averages.
    • The rally is due in part to Coty's aggressive play to land Procter & Gamble's beauty assets which has given some life to a list of names in the sector.
    • Bank of America Merrill Lynch has also called the staples sector undervalued.
    • Related ETFs: PSL, PSCC.
    • Previously: Coty acquires beauty product lines from P&G for $12B (June 15)
    | Jun. 16, 2015, 3:42 PM
  • Mar. 6, 2015, 10:46 AM
    • Global consumer staples stocks are weaker than market averages as concerns on market pricing and F/X sit in the background.
    • The 1.21% gain in the U.S. Dollar Index isn't going unnoticed by traders.
    • Notable decliners include General Mills (NYSE:GIS) -1.6%, Colgate-Palmolive (NYSE:CL) -2.0%, Unilever (NYSE:UL) -1.9%, General Mills (GIS) -1.8%, Mondelez International (NASDAQ:MDLZ) -1.9%, Post Holdings (NYSE:POST) -1.8%, Hershey (NYSE:HSY) -1.8%, Coca-Cola (NYSE:KO) -1.2%.
    • The Consumer Staples ETF (NYSEARCA:XLP) is down 1.2% versus S&P 500 -0.4%.
    • Other staples ETFs: VDC, FXG, RHS, FSTA, PSL, PSCC
    | Mar. 6, 2015, 10:46 AM | 5 Comments
  • May 20, 2014, 10:21 AM
    • Amazon (AMZN +1.7%) trades higher amid a tough day in retail.
    • There's nothing concrete on the table, but some analysts think the company has been stealing some market share from major retailers in Q1 and Q2 as consumers continue to evolve their shopping habits. Staples (SPLS -10%) and Office Depot (ODP -1.5%) come to mind.
    • Starbucks (SBUX -1.3%) CEO Howard Schultz seems to have called the retail slide with his perception that a "seismic shift" toward online and mobile is beyond the tipping point (FBN interview, SBUX conference call).
    • Related ETFs: XLP, XLY, VDC, XRT, VCR, RTH, RETL, FXG, IYK, IYC, FXD, SCC, FDIS, UCC, RHS, PMR, FSTA, RCD, UGE, PSL, PEZ, PSCC, PSCD, SZK
    | May 20, 2014, 10:21 AM | 3 Comments
  • Apr. 7, 2014, 11:58 AM
    | Apr. 7, 2014, 11:58 AM | 4 Comments
  • Dec. 6, 2013, 10:03 AM
    • Consumer staples stocks are getting some run out of a positive read on consumer sentiment and an improvement in the unemployment rate in the U.S. The group is outpacing broader market averages in early action.
    • Advancers: Clorox (CLX) +2.2%, Procter & Gamble (PG) +2.0%, Energizer (ENR) +1.9%, Unilever (UL) +1.3%, Colgate-Palmolive (CL) +1.3%, Kimberly Clark (KMB) +1.1%, Avon Products (AVP) +1.0%.
    • Related ETFs: XLP, VDC, FXG, RHS, PSL, PSCC, FSTA
    | Dec. 6, 2013, 10:03 AM
  • Feb. 15, 2013, 2:41 PM
    The XLP, XRT, and XLY all give up gains and turn lower following Wal-Mart sounding the warning over the effects of the payroll tax hike. It's fascinating that it took markets until just now to react to what was crystal clear 6 weeks ago.
    | Feb. 15, 2013, 2:41 PM | 2 Comments
PSL Description
The PowerShares DWA Consumer Staples Momentum Portfolio (Fund) is based on the DWA Consumer Staples Technical Leaders Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 common stocks from a universe of approximately 3,000 common stocks traded on US exchanges. The Fund and the Index are rebalanced and reconstituted quarterly.
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