SELECT SECTOR SPDR TRUST

XLB NYSE ARCA & MKT

drewby4321

For Growth Investors, there were a few shocking days over the past months where the indexes went up but our portfolios went sideways or down. There's no worse feeling than having the market go up and have your portfolio go down. The cause was sector rotations as investors moved into "discounted" stocks that were hit the worst during the market crash of 2020...

SnipersCapital

Pls come drop and pick me up must get LTF Confirmations to enter! i will personally be watching a lot of sectors as they are making interesting Price Action!

growerik

Materials etf year in review: O $59.55 H $72.34 L $37.69 C <=> $72 Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading...

Phantom_007

My tp is $75

d.hillier.88

Watch price action on lower time frame for entry.

solidBus76050

LYB doing quite bad comparing to other materials, but still have 12-15% upside until market decides what goes next

dorfmanmaster

Materials sector has been showing relative strength. It is actually 3th in YTD performance, after 1. Technology, 2. Discretionary (Mega-cap lead sectors) Today it is resting on the 100ema, which has been supportive since march 23rd crash. This level is also coinciding with early 2020's high, as well as 4 other tests of the support; including a failed breakout,...

drewby4321

The past week there was rotation into Energy (XLE). There is precedent for rotations into energy marking tops and continuing as safe havens during corrections. In the bottom chart, you see the rotation happening in September 2018, just before three months of market declines (21% on S%P 500 and 24% for Nasdaq). Looking back further to the 2000 tech bubble, look...

tdrake2139

Breaking out to highs again today. Notice the massive relative strength. (Have position)

drewby4321

Here are the sector winners and losers the past week. XLB (Materials) wins out, gaining 1% compared to the other SPDR ETFs combined. XLC (Communications), XLK (Technology) and XLE (Energy) at the bottom. Breaking out XLB into it's top performing stocks for the week, you can see which ones carried the weight of the moves including EMN, LYB and CF. All of these...

bottomcatcher

Since the March lows, (XLB) has put in a strong performance, closing up 19.67% in April, 9.23% in May, 1.39% June, 7.21% in July, and so far 3.71% during this month. Whilst holding above its important medium and long term moving averages, XLB finds itself within sniffing distance of a yearly Double Top pattern and 1.618% Fib extension level (C), taken from the...

drewby4321

Industrials win this week with tech coming in last. Fedex is up 13% this week and UPS is up almost 30% over the last few weeks thanks to the politics around USPS.

cyclewave

XLB has completed (X) wave up in double zigzag correction. In 4 hr timeframe It dropped in (W) & (X) wave, now wave (Y) has started moving down in WXY further double zigzag correction. wave W has ABC correction, in which wave A has already over and wave B started moving up and take up to 2-4 trading days to complete then go down for C wave down. As commented in...

tdrake2139

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AtitPatel

Buying naked puts for xlb, expiring this friday

novvoll12

QQQ rallied 33% year-to-date, from 154.26 (12/31/2018) to 204.98 (close on 12/11/2019), driven the Fed rate cuts (three times). The ETF is currently overbought technically as shown in MACD sloping downward. As investors rotate into the cyclical underperformers (energy, materials, industrial, and consumer discretionary), QQQ could potential consolidate and pull...

PushingPremium

Nice swan setup. Short target $56.50 please do your own DD.