Pinched by Politics, XLC Still Merits Consideration

Thursday, 8 October 2020, 17:58:58
Facebook and Alphabet are among the titans of Silicon Valley that are in political crosshairs again, but that doesn’t damage the long-term thesis for the communication services sector and the Communication Services Select Sector SPDR Fund (XLC). XLC seeks to correspond generally to the price and yield performance of publicly traded equity securities of companies […] The post Pinched by Politics, XLC Still Merits Consideration appeared first on ETF Trends .
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3 ETFs For This Week's Earnings Reports

Monday, 3 August 2020, 14:41:58
Second-quarter earnings seasons rolls along this week and here's to hoping there are some pleasant surprises, which, believe it or not, there have been plenty of. Of course, the second-quarter bar is set remarkably low because of the coronavirus pandemic, but upside surprises are rarely a bad thing. Currently, 84% of S&P 500 members reporting results are beating estimates, above the five-year average. “If 84% is the final percentage for the quarter, it will mark the highest percentage of S&P 500 companies reporting a positive EPS surprise since FactSet began tracking this metric in 2008,” notes John Butters of FactSet Research. With that in mind, here are some exchange-traded funds to consider for this week's earnings onslaught. Communication Services Select Sector SPDR (XLC) The Communication Services Select Sector SPDR (NYSE: XLC ) gained 2.25% last week, dealing with reports … Full story available on Benzinga.com
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If Internet Giants Avoid Controversy, XLC Is a Winner

Monday, 29 June 2020, 17:27:00
The Communication Services Select Sector SPDR Fund (XLC) is weathering some political storms hovering Facebook and Alphabet and the largest ETF dedicated to this sector could be ready to rally in the second half of 2020. XLC seeks to correspond generally to the price and yield performance of publicly traded equity securities of companies in […] The post If Internet Giants Avoid Controversy, XLC Is a Winner appeared first on ETF Trends .
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