Articles tagged with XLE
Growth stocks have been struggling as the 10-year treasury yield ($TNX) continues to climb higher and higher. The Fed hasn't backed down from its aggressive rate-hiking campaign and technology stocks (XLK), along with stocks in consumer discretionary (XLY) and communication services (XLC) are not offering many uptrending stocks. But that doesn't mean there aren't strong and strengthening stocks out there....keep reading
There is no denying the rally off the June low. It's been extremely quick and very impressive. Every sector has participated to some degree and most industries have been able to reclaim their now-rising 20-day EMAs. It's certainly caught most bears by surprise....keep reading