XLB Materials Select Sector SPDR Fund

Trial float of a new display. Materials sector was getting attention last week. Examing the Stocktwits Sentiment and Price Momentum of select $XLB names. $CF $FCX $MEM.X and $MOS exhibiting agreement with bullish sentiment and bullish momentum (RSI>50) STLD shows the most divergent with 74 Bullish Sentiment and RSI below 50 (38). None are bearish in both measures. (MLM at its edge though)

#sectorbreadth Two rank gain got Materials ($XLB) with minor losses elsewhere. Strongest sector is Technology ($XLK) at 45% bullishness. Weakest is Utilities ($XLU) at 6% and is in 'buy' territory.

#sectorbreadth Two rank gain for Materials ($XLB). Two rank loss for Health Care ($XLV). Strongest sector is Energy ($XLE) at 67% bullishness. Weakest is Utilities ($XLU) at 13%.

Materials ETF hit all-time high before pulling back The State Street Materials Select Sector SPDR ETF (XLB) hit a new all-time high in early Monday trading before pulling back to turn red on the day. It marked the XLB’s first intraday all-time high since Feb. 12. Leading the gains were steel manufacturers Nucor and Steel Dynamics , both up more than 1.5%, following collapsed trade talks between the U.S. and Canada. Meanwhile, copper miner Freeport-McMoRan was up 0.8% and also hit an intraday all-time high, and it was pacing for a four-day winning streak totaling more than 16%. $XLB