NEW YORK ( TheStreet) -- In dissecting the basic industries sector you find divergences among the different industries. Below, I profile two stocks in the nonferrous mining industry, two in diversified chemical, and one stock each for agriculture products, fertilizers, gold mining, steel producers and building materials.All nine stocks are components of the Materials Select Sector SPDR Fund (XLB), which ended September with a positive but overbought weekly chart profile while. XLB closed Wednesday above last week's low at $36.31, but a close this week below $36.58 shifts the weekly chart profile to negative.
The Basic Industries Sector Has Not Maintained QE Hype
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