Bullish Case: Recent month's 6.1% gain suggests positive momentum. Helium's bullish risk being higher indicates a potential upside.


Bearish Case: Year-over-year 3.2% decline and market volatility outlook could weigh on XLE, implying downside risks.


Potential Outcomes: Imminent events: Earnings, geopolitical tensions, and oil supply changes, skewing prices with a 60% probability of volatility spikes.


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February 16, 2024


Energy Select Sector SPDR Forecast

[XLE]  Energy Select Sector SPDR
Price Forecast: NEUTRAL    Price Action: RANDOM (?)



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XLE Balanced News:
















Correlated Stock Forecasts

Assets that tend to move strongly with XLE



ERX Forecast + Options Trading Strategies   [ERX]  Direxion Daily Energy Bull 2X Shares (0.97)


HES Forecast + Options Trading Strategies   [HES]  Hess (0.92)


MRO Forecast + Options Trading Strategies   [MRO]  Marathon Oil (0.91)


UCO Forecast + Options Trading Strategies   [UCO]  ProShares Ultra Bloomberg Crude Oil (0.91)


EOG Forecast + Options Trading Strategies   [EOG]  EOG Resources (0.9)



Uncorrelated Stock Forecasts

Assets with little price relationship to XLE



SANM Forecast + Options Trading Strategies   [SANM]  Sanmina (0.0)


UAN Forecast + Options Trading Strategies   [UAN]  CVR Partners (-0.0)


DAPP Forecast + Options Trading Strategies   [DAPP]  VanEck ETF Trust - VanEck Digital Transformation (-0.0)


CVGW Forecast + Options Trading Strategies   [CVGW]  Calavo Growers (-0.0)


EXPD Forecast + Options Trading Strategies   [EXPD]  Expeditors International Of Washington (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against XLE



BND Forecast + Options Trading Strategies   [BND]  Vanguard Total Bond Market (-0.55)


WING Forecast + Options Trading Strategies   [WING]  Wingstop (-0.55)


SAVA Forecast + Options Trading Strategies   [SAVA]  Cassava Sciences (-0.62)


LW Forecast + Options Trading Strategies   [LW]  Lamb Weston (-0.65)


TGTX Forecast + Options Trading Strategies   [TGTX]  TG Therapeutics (-0.66)


XLE News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.

Most Recent XLE News






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