Tag: Utilities Select Sector SPDR Fund
A way to play the too-hot utilities trade now that rate cuts have begun
Investors looking to participate in a new growth phase for electricity demand by purchasing the Utilities Select Sector SPDR ETF (XLU) might be...
Charts suggest traders should wait before they keep chasing utilities — the hottest trade of the year
With the Federal Reserve finally cutting rates for the first time, the attention turns to how many additional cuts to expect, how deep...
It's not time to shift into defensive stocks just yet, New York Life's Goodwin says
Warnings about credit challenges from Ally Financial on Tuesday could be the latest hint that the U.S. economy is drifting closer to a...
Utilities are now hottest trade of 2024, and Bank of America says keep buying instead of tech
Utilities — not tech — are now the hottest trade on Wall Street, according to Bank of America. Savita Subramanian, equity and quant...
How a boring sector became the 'hottest' trade on Wall Street
Wolfe Research knows its excitement around utilities is unusual. "Utilities are the hottest sector in the market currently," Rob Ginsberg, the firm's managing...
The charts are bullish on the utilities sector and this industry member breaking out
Utilities are traditionally thought of as a defensive sector that attracts capital seeking a safe haven from broader market volatility that also pays...