XLE

Energy Sector Update for 04/23/2024: HAL, SHEL, TTE, XLE, USO, UNG

Should You Invest in the First Trust Energy AlphaDEX ETF (FXN)?

Exxon leads industry fight against UN talks seeking cap on plastic production

Energy Exxon leads industry fight against UN talks seeking cap on plastic production. UN talks on a potential plastics treaty could end plastic pollution within two decades. Environmental groups want plastic production to be reduced by 75% from 2019 levels by 2040. Countries like Saudi Arabia and China argue production caps would lead to higher prices for consumers.

Top high growth investment ratio stocks from each sector - GS

Goldman Sachs analysts listed the top stocks in each sector with the highest growth investment ratio. Analysts said they forecast capex and R&D growth to slow from about 10% in 2023 to about 7% in 2024. Growth investment ratio is defined as a company's capex less depreciation plus R&d as a share of its cash flow.

Stocks Set To Snap Worst Losing Streak In Nearly 2 Years, Gold Sinks, Bitcoin Reclaims $66,000: What's Driving Markets Monday?

Major U.S. Stocks are poised to break a six-day losing streak. At noon trading in New York on Monday, major indices all traded higher. Easing geopolitical tensions in the Middle East bolstered market sentiment. Gold plunged 2.5% to $2,330 per ounce, while silver tumbled 5%. Bitcoin rose above $66,000, on track for its highest close in a week.

Goldman’s buybacks basket: Buyback growth will be 13% in 2024

Goldman’s buybacks basket: Buyback growth will be 13% in 2024. Goldman Sachs analysts rebalanced their “buybacks basket” as 2024 buyback growth is forecasted to be 13%. S&P 500 (SP500) cash spending grew by 4% to $3.4T last year.

Goldman’s debt issuers stocks basket

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