Email Alerts

Upside Target Met In SPDR KBW Insurance ETF (KIE)

Posted on: Thursday, July 20th, 2017

The SPDR KBW Insurance ETF (KIE) met our $90.00 per share upside today, which was first mentioned in our June 5th Keys To This Week report (access requires subscription), to capture a $3.33 per share, 4% advance in 6 weeks.

During the same period the S&P 500 rose by 1.8%, resulting in 2.2% of relative outperformance by KIE.

Here is the updated version of the chart that appeared in our June 5th report.

KIE: November 2016 to June 20th, 2017


We publish these notifications for 3 reasons:

  1. to let Asbury Research subscribers know when to consider taking profits on existing positions,
  2. to let non-subscribers track what we are doing in the market, in real time, and
  3. to make everyone aware of a potential upcoming price reversal as price advances often end as upside targets are met and more savvy investors take profits.

 

Asbury Research subscribers can view our latest research on the US stock market, market sectors, US interest rates, ETFs and commodities, as well as a table with our current picks in US stocks, ETFs, and global indexes, by logging into the Research Center via the big gold button in the upper right corner of the screen.

Subscribers and interested investors can view our most recent closed out trade ideas by Clicking Here.

To non-subscribers:  Request more information about us, including service and pricing options, by visiting our Contact Us page or by calling 888-960-0005.