Blogs about XLY - Stockpickr! Your Source for Stock Ideas

Blogs about XLY

Blogs	Description	Date Updated
Fast Money Recap	Lehman Talk The traders spoke with analyst Dick Bove about Lehman Brothers after he upgraded the stock to a buy saying the firm could be a target for a hostile bid. Bove explained that if you remove Neuberger Bergman, which he thinks is worth $9 billion, from Lehman’s market cap - you get the rest of the company for nothing. Ratigan questioned that take, saying that Lehman has a ton of liabilities in the mortgage arm. “But let’s assume the buyer is a bank,” Love said. “...	August 21, 2008
Fast Money Recap	Word On The Street WORD VIDEO HERE Dennis Gartman The traders spoke with Dennis Gartman, author of The Gartman Letter, about the future of oil prices. Gartman said the longs are throwing up and the shorts are feeling like kings. He doesn’t think that trend is about to change for crude oil. He said gold looks awful and didn’t trade up when it should have. Gartman thinks gold and the dollar are changing their major trends. He disclosed he is short crude oil here and would look to buy t...	July 29, 2008
ROST: Ross is Working	My latest column is up at RealMoney. This has been a terrible time to own stocks tied to consumer discretionary spending. The Consumer Discretionary SPDR (XLY) is down more than 16% so far this year. So I’m somewhat surprised to find myself giving serious consideration to a retail stock that is up more than 50% since January. Ross Stores (ROST) operates more than 900 stores, selling first-quality, in-season, name-brand and designer apparel and housewares at 20% to 60% off the regular price...	July 14, 2008
Financial, Consumer Discretionary ETFs Hit By Goof	Goldman Sachs & Co. admitted that it made a mistake in upgrading the financial and consumer discretionary sectors, putting related exchange traded funds (ETFs) back in a funk. Seven weeks ago, the sectors were boosted by Goldman on the belief that they would benefit from bank recapitalizations and fiscal stimulus, something they now admit was "clearly wrong." The recommendation had been to overweight in consumer discretionary and maintain a neutral weight in financials, report Su...	June 23, 2008
The Market Will Eventually Swing Back, But Which ETFs Can We Turn To?	It doesn't seem like it now, but the markets won't always be depressed and there will come a time to get back into exchange traded funds (ETFs). But will the ETF marketplace benefit when the pendulum swings back? The debate is still hot concerning the market's recent progress and whether the worst is behind us yet. Investors should be ready to be in a good position to capture the next upswing, whenever it takes place. Investors who have been in cash as they've waited for the markets to recov...	May 13, 2008
Retail ETFs Are Shopping For Consumers	Retail exchange traded funds (ETFs) posted some losses this week. Where have all the shoppers gone? Retailer J.C. Penny (JCP) had a lowered outlook, reports Tomi Kilgore for Thomson Financial, with a bitter sentiment toward the sector. So far this week, it's down 14.8%. The company is 2% of the SPDR S&P Retail (XRT), which is down 5.6% this week. The Consumer Discretionary SPDR (XLY) is down 5.5% this week. Retail HOLDRs (RTH) is down 2.1% for the week. Consumers' confidence has been hur...	March 28, 2008
Financial and Real Estate Numbers Keep Markets, ETFs Busy	A flurry of activity and reports on Wall Street today sent exchange traded funds (ETFs) moving in every direction. Financials took a hit on the news that Merrill Lynch & Co. Inc. (MER) had its earnings forecasts cut by JPMorgan Chase (JPM) and UBS AG, reports Kevin Plumberg for Reuters. Then Merrill turned around and downgraded Bank of America (BAC), PNC Financial (PNC) and SunTrust Banks (STI), saying that the collapse of the housing market will continue to hurt lending and home equity. ...	March 25, 2008
Retail ETFs Jump As Investors, Like Shoppers, Look for Bargains	Battered and bruised retail exchange traded funds (ETFs) are springing back to life today as investors invade the market, looking for a bargain or two. The sector tends to take a beating when times are tough, as investors close their wallets and restrict spending to the bare essentials, reports Joanne Von Alroth for Investor's Business Daily. Many analysts believe we're in a recession, and retail stocks typically turn around at times like these as investors buy in anticipation of the end. So...	March 20, 2008
Consumer Spending Drops In February, Dragging ETFs	Retail sales and exchange traded funds (ETFs) took another hit today. The Commerce Department reported that the numbers were down by 0.6% - much worse than the expected 0.2%. The slow sales affected all corners of the market, from autos, furniture and appliances, reports Martin Crutsinger for the Associated Press. Consumer spending makes up 71% of global domestic product (GDP), so even a slight slowdown can be felt in other parts of the economy. Advisor Perspectives talks to Craig Johnson,...	March 13, 2008
Retailers Get a Break In February, But ETFs Don't React	Retailers got a break in February, but retail exchange traded funds (ETFs) so far today don't appear to have gotten the memo. Overall, sales were sluggish, but the numbers reverse the downward slide sales have been on for the last six months. While consumers returned to the stores, one of the big winners was Wal-Mart (WMT), whose sales results surpassed expectations, reports Anne D'Innocenzio for the Associated Press. This could be an indication that while consumers are starting to shop again,...	March 06, 2008

Enter search text here: