XME ETF: Time to Check Out Metals and Mining Stocks?

The SPDR S&P Metals and Mining ETF (XME) is up 1.5% over the past month. XME invests in an index of metals and mining stocks. Many analysts believe we could be in the early stages of a bull market for metals. The fund gives investors exposure to a diverse group of metals like gold, copper and uranium.

SPDR Metals & Mining ETF ( $XME) Found Buyers at the Blue Box Area as Expected.

We look at the past performance of the 1H Hour Elliott Wave chart of SPDR Metals & Mining ETF (XME) The rally from 3.14.2024 low at $55.37 unfolded as 5 waves impulse. We expected the pullback to unfold in 3 swings and find buyers again.

Weekly Report: what happened at XME last week (0415-0419)?

Alcoa Well-Positioned To Benefit From Positive Pricing Momentum, Analyst Says

Alcoa Corporation reports better-than-expected first-quarter FY24 results. The company reported an EPS loss of $0.81 and revenue of $2.60 billion. Jefferies and J.P.Morgan raise their price target for Alcoa to $48.

How The Pieces Add Up: XME Headed For $68

Freeport-McMoRan, AppLovin And A Major Healthcare Stock On CNBC's 'Final Trades'

AppLovin Corporation is the number one performing large cap stock of the year so far, analysts say. CVS Health Corporation is set to report quarterly earnings soon. The company is expected to post quarterly revenue of $89.21 billion in the first quarter of 2024.

Why Piedmont Lithium Shares Are Surging Today

Piedmont Lithium Inc. Received mining permit approval for the construction, operation, and reclamation of the proposed Carolina Lithium project in Gaston County, North Carolina. The project is expected to contribute billions of dollars of economic output and several hundred jobs to the area.

Weekly Report: what happened at XME last week (0408-0412)?

Weekly Report: what happened at XME last week (0401-0405)?

XME ETF: Strong Performance As Gold Surges

Why Radius Recycling Shares Are Trading Lower Today

Radius Recycling, Inc. (NASDAQ:RDUS) reported second-quarter financial results for 2024. Revenue stood at $621.06 million, beating the consensus of $626.15 million. The company has implemented a plan to reduce costs by 10%.

SPDR S&P Metals & Mining ETF Experiences Big Inflow

Miners Cheer As China's Manufacturers Continue To Increase Pace

Singapore iron ore 58% futures rose 3.8% on Monday, reversing earlier losses. Data showed improving activity in China's manufacturing sector. The March Caixin PMI survey showed further improvement in economic activity during the first quarter. Iron ore prices were boosted by hopes of an industrial recovery in China.

Weekly Report: what happened at XME last week (0325-0329)?

Bullish On Metals And Mining - Get Your PICK?

IShares MSCI Global Metals & Mining Producers ETF (PICK) has a competitive management fee and a meaningful dividend. Inflation is likely to accelerate and investors should consider hedges against it. The Fund's exclusion of silver and gold miners is a drawback and the Fund has not performed well relative to its competitors.

Weekly Report: what happened at XME last week (0318-0322)?

Analysts Expect XME Will Reach $66

Will Easing Cost Concerns Give A Boost To Mining Stocks?

Costs for mining stocks are still elevated, but pressures are easing. This may help mining stocks catchup to the rise in gold prices. Fundamentals for copper and uranium also looking positive. Craig Hutchison, Director, Equity Research at TD Cowen joins MoneyTalk's Greg Bonnell to discuss.

Mining set to rise for lithium, cobalt, nickel, aluminum and other metals – IHS Markit

SPDR S&P Metals & Mining ETF declares quarterly distribution of $0.1028