S&P Financials and PHLX Indexes
From now on, our subscribers may apply volume and advance decline based technical indicators to S&P Financials, PHLX Housing PHLX Utilities indexes. At the current moment we are the only source of volume and advance decline studies for these indexes.
S&P Financials
S&P Financials index covers financial companies from the S&P 500 index basket. A wide array of diversified financial service firms are featured in this sector with business lines ranging from investment management to commercial and investment banking. Among the companies included in the Index are JPMorgan Chase, Wells Fargo, and BankAmerica Corp. XLF is the ETF that tracks this index and is one of the most traded ETFs at the current moment.
PHLX Housing
The PHLX Housing Sector Index is a modified market capitalization-weighted index. The PHLX Housing Sector Index (Symbol: HGX) is designed to track the performance of a set of companies whose primary lines of business are directly associated with the U.S. housing construction market. The Index began on January 2, 2002 at a base value of 250.00.
PHLX Utilities
The PHLX Utility Sector Index (Symbol: UTY) composed of 20 geographically diverse public U.S. utility stocks. The PHLX Utility Sector Index is a market capitalization-weighted index. The Index began on May 1, 1987 at a base value of 200.00.
