XLB, DOW, MON, PX: ETF Outflow Alert

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the Materials Select Sector SPDR Fund (Symbol: XLB) where we have detected an approximate $ 31.8 million dollar outflow — that’s a 1.1% decrease week over week (from 57,273,725 to 56,623,725). Among the largest underlying… Read More »

What Happened in the Stock Market Today

Stocks ended the trading week with minor losses despite a few surprisingly strong quarterly earnings announcements. On Friday, the Dow Jones Industrial Average (DJINDICES: ^DJI) and the S&P 500 (SNPINDEX: ^GSPC) indexes both fell slightly, leaving them unchanged over a week that was packed with earnings reports and a closely watched reading by the Federal… Read More »