Could The Energy Sector Get A Relief Rally After $2.35 Billion Head For The Exits?
Portfolio Pulse from Thrasher Analytics
Energy sector ETFs, including XLE, OIH, VDE, XOP, and IYE, have experienced over $2.25 billion in outflows recently, with negative flows for most of 2023. However, past instances of outflows exceeding $2.25 billion have generally led to short-term positive responses in XLE.
June 27, 2023 | 2:20 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
XLE has generally experienced short-term positive responses following instances of outflows exceeding $2.25 billion.
The article highlights that in the past, when outflows from energy sector ETFs exceeded $2.25 billion, XLE has generally experienced short-term positive responses. This suggests that XLE may see a similar positive response in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
IYE is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds.
The article mentions that IYE is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds. This could lead to short-term negative pressure on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
OIH is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds.
The article mentions that OIH is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds. This could lead to short-term negative pressure on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
VDE is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds.
The article mentions that VDE is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds. This could lead to short-term negative pressure on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
NEGATIVE IMPACT
XOP is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds.
The article mentions that XOP is one of the energy ETFs experiencing heavy outflows, with over $2.25 billion leaving the sector funds. This could lead to short-term negative pressure on the ETF.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60