-
XLE
-
$58.31
-
+0.09%
-
$58.25
-
$58.99
-
$58.11
Prices as of 2026-06-11 12:50:44 ET
Ticker Appearances
First Word
Wobble this week partly reflects cash raised to fund additional buys of SpaceX post-IPO (due to Nasdaq 100 and Russell 1000 inclusion)
Equities have wobbled in the past week pushing S&P 500 down -2.6% month to date. This is not entirely surprising given the >10% gains registered...
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First Word
Several key milestones in June, including SpaceX IPO and first Fed Chair Warsh meeting
As we close out the first week of June, the S&P 500 is basically flat for the week, and up 11% YTD. We continue to...
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First Word
The 5 challenges we see for incoming Fed Chair Warsh in his first 100 days.
VIDEO_:_ We discuss the 5 challenges in the first 100 days for incoming Fed Chair Kevin Warsh. The economy is strong, but we know there...
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First Word
$NVDA results good enough. FOMC minutes hawkish bias if inflation persists. Equities show impressive resilience
Equities are essentially flat for the week, a sign of impressive resilience considering oil is still near multi-decade highs and interest rates are at 1-year...
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Daily Technical Strategy
Small-caps have outperformed sharply since the March lows; REITS being raised to Overweight
NEAR-TERM US EQUITY TRENDS STILL LOOK BULLISH TECHNICALLY WITH ^SPX 0.33% AND QQQ 1.18% NOW HAVING EXCEEDED MY PRIOR TARGETS OF 7300 AND 680, BUT MARKETS ARE...
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First to Market
Credit Where It's Due?
CHART OF THE DAY GOOD MORNING! HSBC HSBC 2.84% shares slid 3.1% in U.S. trading yesterday after the bank disclosed a $400 million fraud exposure, linked...
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First Word
The stocks working in 2026 deliver things that are scarce = market makes sense. Still see a 3-phase market in 2026.
The S&P 500 registered a new high today (7,273 intraday high) and we continue to see positive risk/reward. While some investors remain wary and even...
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First to Market
Will Golden Week Dim the Glow of U.S. Stocks?
CHART OF THE DAY GOOD MORNING! This week is what is known in Japan as "Golden Week." It's a week that happens to feature four...
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Daily Technical Strategy
Energy Being Lowered to Underweight as larger Crude Oil Breakdown looks near
NEAR-TERM US EQUITY TRENDS REMAIN CONSTRUCTIVE, BUT WITH ^SPX 0.33% AND QQQ 1.18% HAVING LARGELY REACHED MY PRIOR PRICE TARGETS AND DEMARK TIME-BASED EXHAUSTION NOW APPROXIMATELY 2-3...
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First Word
Adding Software $IGV to top sector ideas along with $MAGS $IBIT $ETHA. If correct, private credit risks diminishing
The S&P 500 is up +0.6% so far this week, impressive considering the stalled progress on US-Iran talks and the fact that oil is up...
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First Word
Wobble this week partly reflects cash raised to fund additional buys of SpaceX post-IPO (due to Nasdaq 100 and Russell 1000 inclusion)
Equities have wobbled in the past week pushing S&P 500 down -2.6% month to date. This is not entirely surprising given the >10% gains registered...
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First Word
Several key milestones in June, including SpaceX IPO and first Fed Chair Warsh meeting
As we close out the first week of June, the S&P 500 is basically flat for the week, and up 11% YTD. We continue to...
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First Word
The 5 challenges we see for incoming Fed Chair Warsh in his first 100 days.
VIDEO_:_ We discuss the 5 challenges in the first 100 days for incoming Fed Chair Kevin Warsh. The economy is strong, but we know there...
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First Word
$NVDA results good enough. FOMC minutes hawkish bias if inflation persists. Equities show impressive resilience
Equities are essentially flat for the week, a sign of impressive resilience considering oil is still near multi-decade highs and interest rates are at 1-year...
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Daily Technical Strategy
Small-caps have outperformed sharply since the March lows; REITS being raised to Overweight
NEAR-TERM US EQUITY TRENDS STILL LOOK BULLISH TECHNICALLY WITH ^SPX 0.33% AND QQQ 1.18% NOW HAVING EXCEEDED MY PRIOR TARGETS OF 7300 AND 680, BUT MARKETS ARE...
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First to Market
Credit Where It's Due?
CHART OF THE DAY GOOD MORNING! HSBC HSBC 2.84% shares slid 3.1% in U.S. trading yesterday after the bank disclosed a $400 million fraud exposure, linked...
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First Word
The stocks working in 2026 deliver things that are scarce = market makes sense. Still see a 3-phase market in 2026.
The S&P 500 registered a new high today (7,273 intraday high) and we continue to see positive risk/reward. While some investors remain wary and even...
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First to Market
Will Golden Week Dim the Glow of U.S. Stocks?
CHART OF THE DAY GOOD MORNING! This week is what is known in Japan as "Golden Week." It's a week that happens to feature four...
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Daily Technical Strategy
Energy Being Lowered to Underweight as larger Crude Oil Breakdown looks near
NEAR-TERM US EQUITY TRENDS REMAIN CONSTRUCTIVE, BUT WITH ^SPX 0.33% AND QQQ 1.18% HAVING LARGELY REACHED MY PRIOR PRICE TARGETS AND DEMARK TIME-BASED EXHAUSTION NOW APPROXIMATELY 2-3...
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First Word
Adding Software $IGV to top sector ideas along with $MAGS $IBIT $ETHA. If correct, private credit risks diminishing
The S&P 500 is up +0.6% so far this week, impressive considering the stalled progress on US-Iran talks and the fact that oil is up...
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First Word
The 5 challenges we see for incoming Fed Chair Warsh in his first 100 days.
VIDEO_:_ We discuss the 5 challenges in the first 100 days for incoming Fed Chair Kevin Warsh. The economy is strong, but we know there...
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Daily Technical Strategy
Small-caps have outperformed sharply since the March lows; REITS being raised to Overweight
NEAR-TERM US EQUITY TRENDS STILL LOOK BULLISH TECHNICALLY WITH ^SPX 0.33% AND QQQ 1.18% NOW HAVING EXCEEDED MY PRIOR TARGETS OF 7300 AND 680, BUT MARKETS ARE...
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Daily Technical Strategy
Energy Being Lowered to Underweight as larger Crude Oil Breakdown looks near
NEAR-TERM US EQUITY TRENDS REMAIN CONSTRUCTIVE, BUT WITH ^SPX 0.33% AND QQQ 1.18% HAVING LARGELY REACHED MY PRIOR PRICE TARGETS AND DEMARK TIME-BASED EXHAUSTION NOW APPROXIMATELY 2-3...
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First Word
This Wed may be Fed Chair Powell last presser. Equity returns under Powell +8.3% CAGR nominal, +4.7% real = very good returns
VIDEO_:_ Fed Chair Powell’s last press conference as FOMC Chair may be this Wed. Analysis shows equity returns were +8.3% nominal and +4.7% real CAGR...
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Daily Technical Strategy
A few different ways to play the Commodity rally for Equity investors
NEAR-TERM US EQUITY TRENDS REMAIN POSITIVE, AND TUESDAY’S MINOR PULLBACK IN TECHNOLOGY DOESN’T SERVE TO BREAK THE UPTREND, WHICH LIKELY SHOULD CONTINUE TO PUSH UP...
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First Word
4 takeaways from Kevin Warsh Senate Confirmation Hearings
VIDEO_:_ We discuss the 4 takeaways from the Senate confirmation hearings. Kevin Warsh will be making some notable changes it seems. Please click here to view our Macro...
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Daily Technical Strategy
Crude bounce seen temporary before a larger plunge
NEAR-TERM US EQUITY TRENDS ARE POSITIVE BUT NEARING OVERBOUGHT LEVELS AS SPX AND QQQ PUSH HIGHER FOLLOWING THEIR MOVE TO NEW ALL-TIME HIGHS, WHILE IWM,...
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First Word
The VIX closing below 20 is the 3rd sign the bottom is in. Energy no longer top sector pick.
VIDEO_: _A third sign of a bottom has emerged, which is the plunge in the VIX. We are also changing our order of sector recommendations....
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Daily Technical Strategy
Energy looks likely to "take a breather" after recent runup
NOTE: As part of our transition from FS Insight to Fundstrat Direct, my daily notes will transition from mark. newton@fsinsight. com to mark. newton@fundstratdirect. com....
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Daily Technical Strategy
Energy’s rally is getting too bullish to ignore
NEAR-TERM EQUITY TRENDS ARE SHORT-TERM BULLISH, AND TUESDAY’S MINOR PULLBACK FAILED TO CAUSE TECHNICAL DETERIORATION THAT WOULD SUGGEST THAT THIS RALLY IS COMING TO AN...
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