Nucor

Steel Dynamics

Warrior Met Coal

Reliance Steel & Aluminum

Carpenter Technology

Commercial Metals

Cleveland-Cliffs

United States Steel

Allegheny Technologies

Worthington Steel Inc.

VanEck Vectors Steel ETF

SLX tracks a market-cap-weighted index of global steel firms.

United States Brent Oil Fund LP

VanEck Vectors Oil Refiners ETF

VanEck Vectors Gold Miners ETF

US Global Jets ETF

United States Oil Fund LP

SPDR S&P Oil & Gas Exploration & Production ETF

SPDR S&P Retail ETF

Oil prices have been under pressure lately.

Sector ETFs to Lose/Win from Lower Oil Prices

SLX has been moving sideways over the past year, albeit with significant price swings in either direction. With supply still reasonably strong and demand softness persisting, steel futures appear to be testing new lows this year. Moreover, the political climate may not be conducive to interest rate cuts in the near future, which could further hamper steel demand.

SLX: Thou Shalt Not Steel - For The Moment, At Least

This leading steel stock is hitting all-time highs on above-average volume.

Steel Producer Breaks Out Amid Powerful Uptrend

VanEck Steel ETF is performing well and offers exposure to the global steel industry. China's influence on the steel market makes investing in steel mining stocks potentially lucrative. SLX has a concentrated portfolio of 25 companies and offers access to global steel industry growth, but comes with risks.

SLX: A China-Sensitive Play That's Been Rocketing Lately

Enphase Energy

V.F.

Here's our daily look at three charts tied to recent news-driven price moves, with key technical levels to monitor.

3 Charts For Investors to Watch Tuesday: Enphase Energy, VF Corp., SLX ETF

VanEck Vectors Africa Index ETF

VanEck Vectors Biotech ETF

VanEck Vectors Gaming ETF

VanEck Vectors Brazil Small-Cap ETF

VanEck Vectors Social Sentiment ETF

Vaneck Cmci Commodity Strategy Etf

VanEck Vectors ChinaAMC SME-ChiNext ETF

VanEck Vectors Digital Transformation ETF

Vaneck Digital India ETF

VanEck Vectors Egypt Index ETF

VanEck Video Gaming and eSports ETF

VanEck Vectors Environmental Services ETF 

VanEck Junior Gold Miners ETF

VanEck Green Metals ETF

VanEck Vectors Natural Resource ETF

VanEck Robotics ETF

VanEck Vectors Indonesia Index ETF

VanEck Vectors Israel ETF

VanEck Morningstar Wide Moat ETF

VanEck Vectors Agribusiness ETF

Vaneck Morningstar ESG Moat ETF

VanEck Morningstar Global Wide Moat ETF

VanEck Vectors Morningstar International Moat ETF

VanEck Vectors Uranium+Nuclear Energy ETF

VanEck Vectors Oil Services ETF

VanEck Commodity Strategy ETF

VanEck Rare Earth/Strategic Metals ETF

Vaneck Green Infrastructure ETF

VanEck Vectors Russia ETF

VanEck Vectors Russia Small-Cap ETF

VanEck Vectors Retail ETF

VanEck Vectors Semiconductor ETF

VanEck Low Carbon Energy ETF

Vaneck Morningstar SMID Moat ETF

VanEck Vectors Vietnam ETF

VanEck Future of Food ETF

NEW YORK--(BUSINESS WIRE)--VanEck announced today the 2023 annual distributions per share for its VanEck® equity exchange-traded funds.

VanEck Announces Year-End Distributions for VanEck Equity ETFs

Energy Select Sector SPDR Fund

The U.S. crude oil market is currently experiencing a complex interplay of increasing supply, decreasing demand, and speculative influences.

Oil Falls Below $80: ETF Areas to Win/Lose

The VanEck Steel ETF is the closest thing to a pure-play steel ETF currently available. SLX carries a relatively high management fee for a passive fund. SLX holds a concentrated group of just 26 stocks and the largest holding, Rio Tino Plc, is not a pure play on steel.

SLX: Why I Am Not A Buyer

VanEck Energy Income ETF

VanEck Merk Gold Trust

VanEck Inflation Allocation ETF

The rationale for investing in natural resource equities and commodities has stayed consistent: to enhance portfolio diversification, access global growth and hedge against inflation. The sharp economic recovery from the depths of the pandemic coupled with continually evolving expectations in terms of future impact have recast the spotlight on natural resources and commodities.

Natural Resources and Commodities: Invest Resourcefully

Steel is a critical building block for construction projects and various products, making it an important indicator of the global economy. U.S. and Chinese steel prices have declined, with Chinese prices stabilizing in recent weeks. VanEck Steel ETF, a diversified steel fund, has seen a bullish trend and offers an attractive dividend yield, but its performance is dependent on Chinese economic strength.

SLX: A Bullish Trend Since Early May

iShares Global Clean Energy ETF

The recent oil price rally, triggered by geopolitical tensions and extended production cuts by major oil-exporting nations, has driven oil prices to their highest levels in months.

Oil Price Rallies: Sector ETFs to Benefit

Fidelity MSCI Utilities Index ETF

iShares U.S. Home Construction ETF

Invesco Dynamic Building & Construction ETF

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task.

How To Find The Best Sector ETFs 3Q23

Cyclical stocks, including those in the energy, financials, industrials, and materials sectors, are gaining strength, with the VanEck Steel ETF ranking first out of 37 in its sub class by Seeking Alpha's quant rankings. SLX, a relatively small fund with $128m assets under management, offers investors one-trade access to the steel industry and global industrialization, with a high yield of 4.1% on a trailing 12-month basis. Despite potential volatility in the coming months, the fund has high relative strength, strong quant ranking.

SLX: Steel Stocks Surge Since Early June, Eyeing Further Upside

Global X MSCI Argentina ETF

Global X Copper Miners ETF

First Trust Natural Gas ETF

iShares Latin America 40 ETF

KraneShares CSI China Internet ETF

Li Auto Inc.

NetEase

Pinduoduo Inc - ADR

Vipshop Hlds

Emerging markets and commodities are showing strength amid a weak USD, which has a historical negative correlation with these sectors. Risk-on currencies like the Australian Dollar and Canadian Dollar have broken out against the USD, providing a supportive backdrop for emerging markets and commodities. If the USD breaks below its support, it could lead to a further decline, potentially triggering powerful uptrends in commodity and emerging market stocks.

Under The Radar Strength In Commodity And Emerging Market Stocks (Technical Analysis)

In a surprise move, Saudi Arabia pledges to reduce its oil output further by a million barrels a day, causing a noticeable uptick in global oil prices.

Saudi Pledges Extra Oil Output Cuts: 4 Sector ETFs to Win

STOCKHOLM , June 1, 2023 /PRNewswire/ -- Mycronic AB (publ) has received an order for an SLX mask writer from an existing customer in Asia. The order value is in the range of USD 4-6 million.

Mycronic receives order for an SLX mask writer

Fidelity MSCI Energy Index ETF

First Trust Utilities AlphaDEX Fund

Invesco KBW Bank ETF

With an ever-growing list of similar-sounding ETFs to choose from, finding the best is an increasingly difficult task. My report shows the top-rated ETF for each sector.

How To Find The Best Sector ETFs 2Q23

Oil prices staged massive decline this week due to demand concerns owing to global growth slowdown.

Oil Under Pressure: Sector ETFs to Benefit/Lose

Oil prices increased considerably lately on surprise OPEC+ output cut.

Sector ETFs to Benefit/Lose on Surprise OPEC+ Output Cut

The March U.S. ISM Manufacturing number did no favors for the 'no recession' camp. Still, economically-sensitive stocks are holding their own, and I see many global steel equities in the SLX ETF as attractive on valuation.

SLX: Global Growth Enough To Support Steel Stocks

Steel equities aren't considered a glamorous asset class. If anything, the group is a reminder of America's once-dominant perch on the global industrial stage.

Steel Stocks Could Be Sturdy Ideas

Breakwave Dry Bulk Shipping ETF

Sprott Junior Copper Miners ETF

iPath Series B Bloomberg Natural Gas Subindex Total ReturnSM ETN 

Amplify Junior Silver Miners ETF

United States Natural Gas Fund LP

United States 12 Month Natural Gas Fund LP

SPDR S&P Metals & Mining ETF

The COVID-19 virus may still be with us, but the economic impacts of the pandemic that raged around the world have continued to recede – most recently in terms of shipping costs.

Commodities, Shipping Among Top Performers Last Week

VanEck Mortgage REIT Income ETF

How To Find The Best Sector ETFs 1Q23

STOCKHOLM , Feb. 8, 2023 /PRNewswire/ -- Mycronic AB (publ) has received an order for two SLX mask writers from a new customer in Asia. The order value is in the range of USD 9-11 million.

Mycronic receives order for two SLX mask writers

A top-ranked stock in a highly rated industry is poised for further gains.

This 'Strong Buy' Steel Stock Enters Powerful Uptrend

News for VanEck Vectors Steel ETF ETF (SLX)