The Traderszone Network

Published in TZ Latest News 20 February, 2016 by The TZ Newswire Staff

Honeywell Leads the Industrials SPDR. Is GE Next?

It has been a rough year for most of the stock market with seven of the nine sector SPDRs down year-to-date. The Consumer Staples SPDR (XLP) is up .69% and the Utilities SPDR (XLU) is up a whopping 6.75%. Among the seven negative sectors, the Industrials SPDR (XLI) is holding up the best because it is down the least. Thus, XLI is showing a little bit of relative strength in 2016. I will look at the chart for XLI and the three top stocks after the jump.  

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