Notable Tuesday Option Activity: RL, WRB, ALB Tuesday, April 16, 1:19 PM ET, by Market News Video Staff Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume ...
The best performing sector as of midday Friday is the Technology & Communications sector, losing just 0.2%. Within that group, First Solar Inc (NASDAQ:FSLR) and Enphase Energy Inc. (NASDAQ:ENPH) are two large stocks leading the way, showing a gain of 5.0% and 3.3%, respectively. Among technology ETFs, one ETF following the sector is the Technology Select Sector SPDR ETF (NYSE:XLK), which is up 0.4% on the day, and up 56.20% year-to-date. First Solar Inc, meanwhile, is up 13.88% year-to-date, and Enphase Energy Inc., is down 50.99% year-to-date. Combined, FSLR and ENPH make up approximately 0.4% of the underlying holdings of XLK.
The next best performing sector is the Materials sector, losing just 0.3%. Among large Materials stocks, Steel Dynamics Inc. (NASDAQ:STLD) and Albemarle Corp. (NYSE:ALB) are the most notable, showing a gain of 4.7% and 1.9%, respectively. One ETF closely tracking Materials stocks is the Materials Select Sector SPDR ETF (XLB), which is down 0.3% in midday trading, and up 11.16% on a year-to-date basis. Steel Dynamics Inc., meanwhile, is up 32.34% year-to-date, and Albemarle Corp., is down 29.92% year-to-date. Combined, STLD and ALB make up approximately 3.5% of the underlying holdings of XLB.
Comparing these stocks and ETFs on a trailing twelve month basis, below is a relative stock price performance chart, with each of the symbols shown in a different color as labeled in the legend at the bottom:
Here's a snapshot of how the S&P 500 components within the various sectors are faring in afternoon trading on Friday. As you can see, none of the sectors are up on the day, while nine sectors are down.
Sector
% Change
Technology & Communications
-0.2%
Materials
-0.3%
Industrial
-0.5%
Services
-0.7%
Energy
-0.8%
Consumer Products
-1.0%
Healthcare
-1.1%
Utilities
-1.4%
Financial
-1.5%
This Article's Word Cloud:AlbemarleAmongChangeCombinedCommunicationsComparingConsumerCorpDividendDynamicsENPHETFsEnergyEnphaseFSLRFinancialFirstFridayMaterialsNYSESPDRSTLDSectorSelectSolarSteelTechnologyapproximatelybasisbestdatedowngainholdingsjustlargelosingmakemeanwhilemiddayperformingrespectivelysectorsectorsshowingstockstradingunderlyingwhichyear
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?
⤹
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.7%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.7%.
Play Video:
The Importance of ETFs
Free Email Alerts By Stock:
Start slideshow:
