Energy Select Sector SPDR ETF (XLE) - NYSEARCA
  • Wed, Jul. 27, 11:07 AM
    | Wed, Jul. 27, 11:07 AM | 42 Comments
  • Mon, Jul. 25, 11:20 AM
    | Mon, Jul. 25, 11:20 AM | 11 Comments
  • Wed, May 25, 3:00 PM
    • Oil's knocking on the door of $50 per barrel behind some bullish inventory numbers released last night and this morning, and it's got the energy sector (XLE +1.4%) leading the major averages nicely higher for a 2nd straight session.
    • The Dow (DIA +0.8%), S&P 500 (SPY +0.6%), and Nasdaq 100 (QQQ +0.6%)
    • Meanwhile in rates, the 10-year Treasury yield is flat at 1.87% and short-term rate markets are pricing in about a 60% chance of a Fed move in either June or July.
    | Wed, May 25, 3:00 PM | 3 Comments
  • Mon, May 16, 2:54 PM
    • Oil skied another 3.3% today to $47.71 per barrel - it's highest close since early November. The move is leading a 1.7% advance in the XLE, which in turn is leading a 1.15% gain in the S&P 500 (NYSEARCA:SPY). The Nasdaq (NASDAQ:QQQ) is higher by 1.5%, led by Apple's 4% gain as Berkshire Hathaway discloses a near-$1B stake.
    | Mon, May 16, 2:54 PM | 6 Comments
  • Tue, May 10, 2:34 PM
    • No sooner than it's noticed that the S&P 500 hasn't moved more than 1% in either direction for the last month, the S&P 500 (NYSEARCA:SPY) is up 1.1%.
    • It's a broad gain, with financials (XLF +1.2%), energy (XLE +1.6%), and materials (XLB +1.6%) leading the way.
    • Gold's little-changed, oil's higher by 2.45% to $44.51, and the 10-year Treasury yield is up one basis point to 1.755%.
    | Tue, May 10, 2:34 PM | 29 Comments
  • Wed, Apr. 20, 11:53 AM
    • Intel was down nearly 3% in premarket action after light guidance and an announcement of big job cuts, but has reversed higher - now ahead 1.6% just before lunchtime.
    • Below $40 per barrel at one point during the overnight session, oil has also turned green, now up 0.7% to $41.36. The Energy SPDR (XLE +0.9%) is the S&P 500's top-performing sector ETF.
    • The Nasdaq is ahead 0.35%, the Dow 0.25%, and the S&P 500 0.2%.
    • Now read: Daily State Of The Markets: Reasons To Give The Bulls The Benefit Of Doubt
    | Wed, Apr. 20, 11:53 AM | 11 Comments
  • Sun, Apr. 17, 9:38 PM
    • The world's largest oil-producing countries this weekend failed to reach a deal to freeze output at current levels. The cards were set early after Iran decided at the last minute not to attend - no surprise to watchers like Wilbur Ross who earlier said talks were doomed to failure because Iran would not agree to any production limits until it ramped up to pumping out about 4M barrels per day.
    • With Saudi Arabia vowing not to freeze production until others did the same, there wasn't much left to talk about.
    • WTI crude oil is lower by 4.5% to $39.84 per barrel, dragging down S&P 500 (NYSEARCA:SPY) futures by 0.6%.
    • Oil ETFs: USO, OIL, UWTI, UCO, DWTI, SCO, BNO, DBO, DTO, UGA, USL, DNO, OLO, UHN, SZO, OLEM
    • Broad Energy ETFs: XLE, VDE, ERX, OIH, ERY, DIG, DUG, BGR, IYE, FENY, FIF, PXJ, RYE, FXN, DDG, ERYY
    • Now read: Oil Cap Talks: The Smoke And Mirror Games (April 16)
    | Sun, Apr. 17, 9:38 PM | 121 Comments
  • Thu, Apr. 14, 3:30 PM
    • The Obama administration announces new oil well control rules aimed at preventing the kind of blowout that happened in the 2010 Gulf of Mexico oil spill.
    • The regulations announced by the Interior Department tighten requirements for blowout preventers, well design, well control casing, cementing and sub-sea containment, and call for real-time monitoring, third-party reviews of equipment, regular inspections and safe drilling margin requirements.
    • The effects will be particularly acute for the Gulf’s top crude oil and gas producers, Royal Dutch Shell (RDS.A +1.1%), BP (BP -1.6%), Chevron (CVX +0.1%) and Exxon Mobil (XOM +0.4%); XOM says the new rules will cost $25B over 10 years and render many offshore discoveries worthless.
    • Offshore drilling stocks are broadly lower on the news: RIG -6.1%, DO -1.4%, ESV -5.1%, RDC -7.3%, NE -5.4%, ATW -9%, SDRL -8.9%, SDLP -4%.
    • ETFs: XLE, VDE, ERX, OIH, XOP, FCG, ERY, GASL, DIG, DUG, BGR, XES, IYE, IEO, FENY, IEZ, PXE, FIF, PXJ, RYE, NDP, GUSH, DRIP, DDG, FXN
    | Thu, Apr. 14, 3:30 PM | 171 Comments
  • Tue, Apr. 12, 10:50 AM
    | Tue, Apr. 12, 10:50 AM | 93 Comments
  • Fri, Apr. 1, 9:38 AM
    • "It looks like the freeze deal may be starting to fall apart," says Dominick Chirichella of the Energy Management Institute, suggesting the April 17 meeting between OPEC and non-OPEC producers to discuss a freeze deal could be postponed.
    • Chirichella is reacting to comments from Saudi Arabia's deputy crown prince Mohammed bin Salman, who told Bloomberg his country will only freeze its oil output if Iran and other producers agree to cut theirs.
    • Even if a freeze were agreed to, it's not necessarily bullish, say other analysts. "It is hard to see how sticking to the January output level would be supportive for oil prices,” says one. “Maintaining this level is a tall order in itself as Iran will almost surely not be part of any agreement...There will be no rebalancing this year.”
    • WTI crude is lower by 3.7% to $36.93 per barrel, and now down about 15% over the past couple of weeks. It's dragging the XLE lower by 1.8% and the S&P 500 in turn by 0.75%. Europe's Stoxx 50 (NYSEARCA:FEZ) is down 2.7%.
    • USO -3.45%
    • ETFs: USO, OIL, UWTI, UCO, DWTI, SCO, BNO, DBO, DTO, UGA, USL, DNO, OLO, UHN, SZO, OLEM
    • Now read: Saudi Arabia Is Freezing Oil Production By Default (Video) (April 1)
    | Fri, Apr. 1, 9:38 AM | 69 Comments
  • Thu, Mar. 24, 7:23 AM
    • Perhaps boding ill for the strong rally in risk assets since February 11, black gold is lower by another 2% today, and now at $38.98 per barrel vs. $42.50 at the end of last week. USO -2.4%, XLE -1% premarket
    • Bulls can't complain too much though, crude was well below $30 per barrel six weeks ago, and the XLE is higher by 13% since Feb. 11 and up 2% for the year.
    | Thu, Mar. 24, 7:23 AM | 23 Comments
  • Thu, Mar. 17, 3:08 PM
    • With the S&P 500 returning to more or less flat on the year, Bespoke digs down into sector performance and finds most of them nicely in the green, including the roughed-up energy group (NYSEARCA:XLE) with a 5.9% gain.
    • Leading on the upside, though, are the telecoms (NYSEARCA:XTL), ahead 14.4%, and utilities (NYSEARCA:XLU), up 13.3%. Consumer Staples (NYSEARCA:XLP), Materials (NYSEARCA:XLB), and Industrials (NYSEARCA:XLI) are all up between 3.7% and 4.5%, while Consumer Discretionary (NYSEARCA:XLY) is flat.
    • Holding the S&P 500 back, then, is healthcare (NYSEARCA:XLV), with an 8.2% decline, and financials (NYSEARCA:XLF), down 5.5%. Within, healthcare, the biotechs (NASDAQ:IBB) have plunged 27%.
    | Thu, Mar. 17, 3:08 PM
  • Fri, Mar. 11, 3:28 PM
    • This just in: The XLE is in the green for the year, with today's 2.75% advance putting the ETF higher by 3.5% for 2016. Today's move comes as oil gains 2.3% (and 7% for the week) to its highest level since early December.
    • The S&P 500 is creeping closer to green this year as well, with today's 1.55% advance putting that index lower by just 1.2% YTD.
    • Also on the move this session are the financials (XLF +2.6%) as the rising interest rate trade is back on. The 10-year Treasury yield is up another five basis points to 1.98%. It hasn't been above 2% since January.
    | Fri, Mar. 11, 3:28 PM | 2 Comments
  • Mon, Feb. 29, 11:37 AM
    • A late-morning rally in oil looks to have dragged the major averages into the green (or is it vice-versa?).
    • Hanging around in negative territory not long ago, WTI crude oil is now higher by 2.75% to $33.68 per barrel. The XLE has moved higher by 0.5% alongside, with the S&P 500 now up 0.45% and the Nasdaq 0.55%.
    • High-yield's having a big day now as well, with HYG up 0.65% and JNK 0.6%.
    | Mon, Feb. 29, 11:37 AM | 9 Comments
  • Wed, Feb. 24, 10:58 AM
    • Oil and gas companies must plan for a "worst case" scenario if oil prices stay lower for longer, ConocoPhillips (COP -2%) Chairman/CEO Ryan Lance told attendees at the IHS CERAWeek Conference.
    • Lance says he has withstood six industry downturns and that the market will recover, but he also believes CEOs cannot run their companies based on the idea of oil prices recovering at year-end.
    • Companies will need to ensure they maintain the technical capability to run major projects once oil prices recover, and the industry cannot lose its current focus on margins when prices recover, Lance also says.
    • ETFs: XLE, VDE, ERX, OIH, XOP, ERY, FCG, DIG, GASL, DUG, XES, BGR, IYE, IEO, IEZ, FENY, PXE, FIF, PXJ, RYE, NDP, FXN, DDG
    | Wed, Feb. 24, 10:58 AM | 30 Comments
  • Wed, Feb. 24, 7:22 AM
    • The move lower in oil begun yesterday afternoon continues, with Texas Tea down another 3.5% to $30.76 per barrel.
    • S&P 500 futures are lower by 0.85%, led by the XLE's 1.8% retreat. Nasdaq 100 futures are down 1.2%, with Apple off the same amount.
    • Asia was mostly lower overnight, though Shanghai managed a 0.9% gain. Europe's down more than 2% at midday.
    • Money is flowing into Treasurys and gold, with the 10-year yield down three basis points to 1.69% and the yellow metal up 1.2% to $1,237.
    • ETFs: SPY, QQQ, DIA, SH, SSO, SDS, VOO, IVV, UPRO, SPXU, PSQ, TQQQ, SPXL, RSP, SPXS, QID, SQQQ, QLD, DOG, DXD, UDOW, RWL, EPS, SDOW, VFINX, DDM, BXUB, QQEW, QQQE, SPLX, SFLA, BXUC, QQXT, SPUU, LLSP, UDPIX, OTPIX, RYARX
    | Wed, Feb. 24, 7:22 AM | 6 Comments
XLE Description
The Energy Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Energy Select Sector Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
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Country: United States
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