Is XME a buy? - Seeking Alpha

Quote & Headlines Market Currents StockTalk

Today 5d 1m 3m 1y 5y 10y

52wk high:

52wk low:

EPS:

PE:

Div Rate:

Yield:

Market Cap:

Volume:

482 people get XME articles and Market Currents by email alert.

Get email alerts on XME »

HEADLINES:

Impact On Alcoa From $1,863 Aluminum And Production Cuts
Pendulum • Mon, May 20 • 13 Comments
Is It Time To Rotate From Defensive Sectors Into Riskier Assets?
Visual Capitalist • Wed, May 8 • 5 Comments
Best And Worst ETFs And Mutual Funds: Materials Sector
David Trainer • Tue, Apr 30 • 5 Comments
Market Update: Can An Extended S&P 500 See Further Gains?
Pendulum • Tue, Apr 30 • 16 Comments
Is Alcoa's Bounce Sustainable With Aluminum Price Headwinds And S&P's Revised Outlook?
Pendulum • Tue, Apr 30 • 11 Comments
How To Avoid The Worst Sector ETFs
David Trainer • Wed, Mar 20 • 16 Comments
The Best Sectors For April Upside
Todd Campbell • Tue, Mar 19 • 3 Comments
The Big Mo: Buy Just Before Momentum Players Cause Prices To Surge
Steven Jon Kaplan • Mon, Mar 18 • 14 Comments
Will Cyprus Spark A Turnaround In Metals And Mining?
Cam Hui • Mon, Mar 18 • 7 Comments
Crucial Business Cycle Shift Taking Place
Pring Turner • Mon, Feb 25 • 2 Comments
Is It Time To Buy Gold And Commodity Stocks?
Cam Hui • Tue, Feb 19 • 17 Comments
The Center Vs. Periphery: Shifting Risk
Larry Trefz • Thu, Feb 14 • 2 Comments
Best And Worst ETFs And Mutual Funds: Materials Sector
David Trainer • Tue, Feb 12
VIX - Options Volatility And Market Sonar: Friday Recap
Erick McKitterick • Fri, Feb 8 • 16 Comments
Positioning Yourself For Higher Valuations With Quality Improvers
CFA Institute Contributors • Fri, Feb 8 • 2 Comments
All Is Well In Europe, Right?
Chris Ciovacco • Mon, Feb 4 • 1 Comment
Danger Zone: Carpenter Technology
David Trainer • Tue, Jan 22 • 2 Comments
3 Speculative Resource Stocks With Recent Insider Buying
Markus Aarnio • Thu, Jan 10 • 17 Comments
VIX - Options Volatility Sonar: Wednesday Recap
Erick McKitterick • Wed, Jan 9 • 18 Comments
S&P Likes Materials ETFs On Emerging Market Demand
Tom Lydon • Tue, Jan 8

To learn more about Seeking Alpha Pro, click here.

Metals And Mining ETF Will Benefit From Fed Policy
Gary Gordon • Thu, Mar 1, 2012 • 37 Comments
ETF Spotlight: Metals And Mining
Tom Lydon • Sun, Oct 30, 2011 • 1 Comment
XME: My Favorite Way to Play Commodities
Patrick Young • Thu, Jul 7, 2011 • 12 Comments
Just One ETF: Buying Value in the Ground Through Metals and Mining
Paul Frank • Thu, Nov 4, 2010 • 5 Comments
What's Behind Put Action in Metals ETF?
optionMONSTER • Thu, Jun 3, 2010
XME: Action in the Metals, Mining ETF
optionMONSTER • Fri, Nov 20, 2009
S&P Metals & Mining ETF: Best Option For This Red-Hot Sector
StreetAuthority • Tue, Nov 13, 2007
Voracious Demand Fuels Rise in S&P Metals and Mining ETF
Kevin Kennedy • Mon, Jun 11, 2007

Impact On Alcoa From $1,863 Aluminum And Production Cuts
Pendulum • Mon, May 20 • 13 Comments
Is It Time To Rotate From Defensive Sectors Into Riskier Assets?
Visual Capitalist • Wed, May 8 • 5 Comments
Best And Worst ETFs And Mutual Funds: Materials Sector
David Trainer • Tue, Apr 30 • 5 Comments
Market Update: Can An Extended S&P 500 See Further Gains?
Pendulum • Tue, Apr 30 • 16 Comments
Is Alcoa's Bounce Sustainable With Aluminum Price Headwinds And S&P's Revised Outlook?
Pendulum • Tue, Apr 30 • 11 Comments
How To Avoid The Worst Sector ETFs
David Trainer • Wed, Mar 20 • 16 Comments
The Best Sectors For April Upside
Todd Campbell • Tue, Mar 19 • 3 Comments
The Big Mo: Buy Just Before Momentum Players Cause Prices To Surge
Steven Jon Kaplan • Mon, Mar 18 • 14 Comments
Will Cyprus Spark A Turnaround In Metals And Mining?
Cam Hui • Mon, Mar 18 • 7 Comments
Crucial Business Cycle Shift Taking Place
Pring Turner • Mon, Feb 25 • 2 Comments
Is It Time To Buy Gold And Commodity Stocks?
Cam Hui • Tue, Feb 19 • 17 Comments
The Center Vs. Periphery: Shifting Risk
Larry Trefz • Thu, Feb 14 • 2 Comments
Best And Worst ETFs And Mutual Funds: Materials Sector
David Trainer • Tue, Feb 12
VIX - Options Volatility And Market Sonar: Friday Recap
Erick McKitterick • Fri, Feb 8 • 16 Comments
Positioning Yourself For Higher Valuations With Quality Improvers
CFA Institute Contributors • Fri, Feb 8 • 2 Comments
All Is Well In Europe, Right?
Chris Ciovacco • Mon, Feb 4 • 1 Comment
Danger Zone: Carpenter Technology
David Trainer • Tue, Jan 22 • 2 Comments
3 Speculative Resource Stocks With Recent Insider Buying
Markus Aarnio • Thu, Jan 10 • 17 Comments
VIX - Options Volatility Sonar: Wednesday Recap
Erick McKitterick • Wed, Jan 9 • 18 Comments
S&P Likes Materials ETFs On Emerging Market Demand
Tom Lydon • Tue, Jan 8

There are no Transcripts on XME.

The Technical Indicator: Bulls, bears make case while surfing fiscal cliff

at MarketWatch.com (Dec 4, 2012)
Traders Play Catch-Up in Materials, Financials

at CNBC.com (Sep 10, 2012)
ETF Adviser: Buffett rebuffs gold, but inflation says ‘buy’

at MarketWatch.com (Feb 29, 2012)
Steel stocks take a breather

at MarketWatch.com (Mar 31, 2011)
Election Basket Of Goodies

at CNBC.com (Nov 2, 2010)
ETFs See Downside Activity as Bears Take Over

at CNBC.com (May 5, 2010)

XME vs. ETF Alternatives

XME Description

The SPDR® S&P® Metals and Mining ETF seeks to replicate as closely as possible, before expenses, the total return performance of the S&P Metals and Mining Select Industry® Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
See more details on sponsor's website

Sector: Basic Materials

Key Info

In Your Portfolio: A Guide to Commodity ETFs and ETNs
Asset Class Performance: Sectors

All
| Earnings
| Dividends
| M&A
| On the move

Monday, April 29, 8:41 AM Credit Suisse remains bearish on the commodity sector, noting years of high prices triggered a capex surge, with new supplies coming on just at the time they're not needed. Mining stocks (XME) may look cheap, says the team, but it's a sector that once it gets oversold tends to remain so. Big-cap oil (XLE)? It tends to outperform only during periods when stocks are falling, credit spreads are rising, or the oil price is spiking - none of which is likely. Comment! [Commodities]
Monday, April 22, 11:29 AM SA author Emerging Money is worried for the mining sector following Caterpillar's (CAT) Q1 earning report, in which the company said it expects sales of its traditional mining machines to fall 50% in 2013. "What might be scary to think about" is that "commodity prices are actually still quite high," Emerging Money says. "This tells me it could get much uglier as well." (Caterpillar earnings call) 1 Comment [Commodities]
Tuesday, June 12, 2012, 5:07 AM Some mining companies (including BHP and RIO) that have relied mostly on surface mining are now going deeper, allowing them to continue using mining, processing and transport infrastructure even after the surface deposits are depleted. New technologies and the high price of commodities are making the unusually-deep mines financially feasible, but going deeper isn't without its risks. 9 Comments [Commodities]
Sunday, December 4, 2011, 4:56 AM Graham Tuckwell, who created the first ETFs for gold and oil, is looking to sell his company, ETF Securities, for a potential price of £1B ($1.6B), the FT reports. Tuckwell's decision comes as money pours into gold ETFs and scrutiny increases on the market for the funds. 1 Comment [Commodities]
Saturday, August 6, 2011, 7:50 AM Gold miners (like AEM, GG, NEM) haven't always proved great at the "beat-the-number" Wall Street game, as recent results have shown, but that doesn't mean they're bad investments, Bill Fleckenstein argues - just ask whether you can buy ounces in the ground cheaper than above ground. 10 Comments [Commodities, Quick Ideas]
Wednesday, March 2, 2011, 7:39 AM The aussie recovers from a fall to trade near unchanged after Australian Q4 GDP comes in slightly softer than expected, rising 0.7%. Q1 GDP may show a negative print as the effects from the flood show up, but the mining boom will assure it's only a temporary setback. Comment! [Global & FX]
Monday, February 7, 2011, 9:45 AM Global miners will likely report H2 profits doubled, leaving them with so much cash that even multi-billion dollar expansion projects and smaller acquisitions won't make much of a dent. Shareholders are pushing for fat dividends. Comment! [Global & FX]
Tuesday, January 4, 2011, 9:13 AM BHP Billiton (BHP) and Xstrata (XSRAF.PK) could be the major beneficiaries as floods in Australia push the price of coking coal up by 30%. BHP has been attempting to shift coal pricing away from annual and towards monthly contacts, an effort sure to continue after these events. Comment! [Global & FX]
Friday, December 31, 2010, 5:20 PM Best performing asset classes of 2010: SLV +82.3%, PEJ +38.3%, XRT +36.2%, EWM +35.1%, XME +33.7%. Worst performing asset classes of 2010: UNG -40.5%, TAN -28.9%, EWP -23.5%, GEX -19.9%, EWI -15.6%. (top 10 best/worst) Comment!
Thursday, December 30, 2010, 8:38 AM Mining, chemical, and heavy industry IPOs more than quintupled this year to $30.3B, and the industry is on track for even higher growth in 2011. Still, mining IPOs are 'high risk, high reward' and the faint-hearted should steer clear. Comment!

O. Young Kwon
TANER Rotation Model (TRM) Momentum 5/21/2013 Tuesday): (1-2) SPDR Technology ETF ($MTK) SPDR Metals & Mining ETF ($XME) <c>
Tue, 8:07 AM
Reply (2)

• !Report Abuse
View all 2 replies
O. Young Kwon: Click: http://seekingalpha.com/p/p9e3 For "The Daily TANER Momentum" <c>
Tue, 8:09 AM
• !Report Abuse
O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
Tue, 8:11 AM
• !Report Abuse
Add a reply...

140 characters

ltfinger
New Upgrades (5/3/13): $SAP, $SCHN, $SHLM, $SMG, $URTY, $VBK, $VBR, $VMC, $VTI, $XES, $XLE, $XME
May 6, 9:27 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Returning Downgrades (4/1/13): $ET, $MTRN, $OAS, $VAC, $WBC, $XME
Apr 2, 1:14 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

ltfinger
Today's Potential Upgrades (3/7/13): $AG, $APA, $BVN, $FLR, $GG, $KBR, $NBL, $NEM, $RGLD, $WLL, $XME
Mar 8, 12:43 AM
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

O. Young Kwon
TANER Rotation Model [TRM] Momentum 10/30/2012 (Tuesday): (1) <ELD KIE VEA XBI XME> Wisdom Tree Emerging Market Local Deb ETF (ELD) <c>
10/29/12
Reply (3)

• !Report Abuse
View all 3 replies
O. Young Kwon: Click: http://seekingalpha.com/p/p9e3 For "The Daily TANER Momentum" <c>
10/29/12
• !Report Abuse
O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
10/29/12
• !Report Abuse
Add a reply...

140 characters

neobliviscar
XME basket => 10 days. +20% move. Very very insane.
9/14/12
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Dr. Kris
Think post-FOMC gold is doing well (GLD +2%)? Check out the miners: DGXJ 3.8%, XME 3.9%, GDX 4.1%...and (drumroll please)...NUGT 12.5%!
9/13/12
Reply (9)

• !Report Abuse
View all 9 replies
The_American: Many do not Doc but I'm thinking of YINN if China does some type of stimulus on the FXI
9/24/12
• !Report Abuse
Dr. Kris: Be careful w/leveraged funds. They're meant to perform on a daily basis; don't expect great returns over the long haul.
9/25/12
• !Report Abuse
Add a reply...

140 characters

reillyanna
so how would one figure out when to jump back into this XME? I got out at $51 but am a novice so this is new for me. XME
6/3/12
Reply (2)

• !Report Abuse
View all 2 replies
realornot: there are two lower levels this stock can go 30x & 20x. 40x is another level. If market jumps then play now. If not then don't touch it. imo
6/3/12
• !Report Abuse
reillyanna: thanks!
6/4/12
• !Report Abuse
Add a reply...

140 characters

neobliviscar
Cashing out of ADBE, ESV, DO, NKE, WM, WMT, XME at these levels. Love my WallyMart, but a +20% move in 2 months?
10/21/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

Windsun33
When I saw this a few weeks ago, I started buying KOL and XME "Smart Money Investors Are Dumping Commodities Exposure"
7/19/11
Reply

• !Report Abuse
View all 0 replies
Add a reply...

140 characters

LATEST REPLIES

O. Young Kwon
TANER Rotation Model [TRM] Momentum 10/30/2012 (Tuesday): (1) <ELD KIE VEA XBI XME> Wisdom Tree Emerging Market Local Deb ETF (ELD) <c>
10/29/12
Reply (3)

• !Report Abuse
View all 3 replies
O. Young Kwon: Click: http://seekingalpha.com/p/p9e3 For "The Daily TANER Momentum" <c>
10/29/12
• !Report Abuse
O. Young Kwon: (The numbers are terms in months.) For The TANER System and its four Models, read my article. Link:http://seekingalpha.com/a/hitr yk
10/29/12
• !Report Abuse
Add a reply...

140 characters

Dr. Kris
Think post-FOMC gold is doing well (GLD +2%)? Check out the miners: DGXJ 3.8%, XME 3.9%, GDX 4.1%...and (drumroll please)...NUGT 12.5%!
9/13/12
Reply (9)

• !Report Abuse
View all 9 replies
The_American: Many do not Doc but I'm thinking of YINN if China does some type of stimulus on the FXI
9/24/12
• !Report Abuse
Dr. Kris: Be careful w/leveraged funds. They're meant to perform on a daily basis; don't expect great returns over the long haul.
9/25/12
• !Report Abuse
Add a reply...

140 characters

reillyanna
so how would one figure out when to jump back into this XME? I got out at $51 but am a novice so this is new for me. XME
6/3/12
Reply (2)

• !Report Abuse
View all 2 replies
realornot: there are two lower levels this stock can go 30x & 20x. 40x is another level. If market jumps then play now. If not then don't touch it. imo
6/3/12
• !Report Abuse
reillyanna: thanks!
6/4/12
• !Report Abuse
Add a reply...

140 characters

XME SPDR S&P Metals and Mining ETF

XME

SPDR S&P Metals and Mining ETF