- Global Tensions Weigh on Stocks to Start the Week
- All Sectors Finish Lower But Bond Proxies Outperform…
- …As Falling Global Yields Impact Asset Allocation Decisions
- Precious Metals Drive Materials to Outperformance
- Futures Point to a Lower Open Today
Key Chart – Materials Select Sector SPDR Fund – XLB
The Materials Select Sector SPDR Fund (XLB) has a Bullish Chaikin Power Gauge ETF Rating and has recently begun to outperform the SPY. The OB / OS Indicator is moving higher from an oversold position and Chaikin Money Flow is bullish. XLB is above the rising long-term trend line, which is now acting as support.
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