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TheStreet Open House

Powerhouse ETFs: Transports and Technology Are the Best Performers

Stocks in this article: XLB XLI XLY XLP IYC XLE XLF XLV XLU XLK IYT

NEW YORK (TheStreet) -- Today we update our trading guidelines for the 11 exchange-traded funds we have been profiling for investors as alternatives to picking individual stocks.

Investing in ETFs smoothes out stock-specific volatility. This volatility has been clearly illustrated during our coverage of first-quarter earnings. It is difficult to pick stocks when many have double-digit year-to-date gains or losses ahead of earnings and/or double-digit gains or losses following earnings.

The profiles below provide trading guidelines for 11 ETFs. Two "Crunching the Numbers" follow.

Materials Select Sector SPDR Fund (XLB) ($49.38, up 3.4% since May 9) set a new all-time intraday high at $49.79 on June 9 and remains above all five key moving averages in today's first table. The weekly chart is positive but overbought with its five-week modified moving average at $48.45. Semiannual and quarterly value levels are $47.54 and $45.24, respectively, with weekly and monthly risky levels at $50.63 and $51.00, respectively.

Industrial Select Sector SPDR Fund (XLI) ($55.05, up 3.8% since May 9) set an all-time intraday high at $55.82 on June 9 and remains above all five key moving averages in today's first table. The weekly chart is positive but overbought with its five-week MMA at $53.73. Semiannual and quarterly value levels remain at $51.27 and $50.99, respectively, with weekly and monthly risky levels at $56.30 and $57.34, respectively.

Consumer Discretionary Select Sector SPDR Fund (XLY) ($66.61, up 4.3% since May 9) set an all-time intraday high at $67.85 on March 7, then traded as low as $61.84 on April 15 and as high as $67.26 on June 9. The weekly chart is positive with its five-week MMA at $65.32. Semiannual value levels remain at $65.13 and $63.58 with a quarterly pivot at $66.98, and weekly and monthly risky levels at $67.46 and $69.46, respectively.

Consumer Staples Select Sector SPDR Fund (XLP) ($45.04, up 1.2% since May 9) set an all-time intraday high at $45.27 on June 9 and continues to be above all five key moving averages in today's first table. The weekly chart is positive but overbought with its five-week MMA at $44.40. Semiannual and annual value levels remain at $43.27 and $40.69, respectively, with a quarterly pivot at $44.55 and weekly and monthly risky levels at $46.18 and $46.61, respectively.

iShares US Consumer Services ETF (IYC) ($123.27, up 3.7% since May 9) set an all-time intraday high at $124.99 on March 7 then traded as low as $114.71 on April 15 with the recent high at $124.45 on June 9. The weekly chart is positive with its five-week MMA at $121.24. Semiannual value levels are $117.62 and $114.14 with a quarterly pivot at $124.92, and weekly and monthly risky levels at $125.19 and $129.71, respectively.

Energy Sector SPDR Fund (XLE) ($97.17, up 3.7% since May 9) set an all-time intraday high at $97.47 on June 9 and remains above all five key moving averages in today's first table. The weekly chart is positive but overbought with its five-week MMA at $94.22. Annual and semiannual value levels are $94.88 and $90.62, respectively, with a monthly pivot at $96.16 and weekly risky level at $100.41.

Finance Sector SPDR Fund (XLF) ($22.74, up 3.7% since May 9) set a multiyear intraday high at $22.93 on June 9. The weekly chart is positive with its five-week MMA at $22.25. Quarterly and semiannual value levels are $22.14 and $20.24, respectively, with weekly and monthly risky levels at $23.01 and $23.55, respectively.

Health Care Select Sector SPDR Fund (XLV) ($59.98, up 3.7% since May 9) set an all-time intraday high at $60.49 on March 6 then traded as low as $55.39 on April 14 with the June 9 high as $60.40. The weekly chart is positive with its five-week MMA at $58.91. Semiannual value levels remain at $50.34 and $49.67 with a quarterly pivot at $58.98 and weekly and monthly risky levels at $61.43 and $61.87, respectively.

Utilities Select Sector SPDR Fund (XLU) ($42.15, down 0.3% since May 9) set a multiyear intraday high at $43.52 on May 1 then traded as low as $41.23 on May 20 before rebounding to $43.47 on June 6. The weekly chart is neutral with its five-week MMA at $42.20. Annual value levels remain at $41.19 and $39.12 with weekly and monthly risky levels at $43.41 and $43.63, respectively.

Technology Select Sector SPDR Fund (XLK) ($38.24, up 5.3% since May 9) set a multiyear intraday high at $38.37 on June 9 and remains above all five key moving averages shown in the first table. The weekly chart is positive but overbought with its five-week MMA at $37.22. Semiannual and quarterly value levels are $35.92 and $34.23, respectively, with weekly and monthly risky levels at $38.74 and $39.89, respectively.

iShares Dow Transportation Average ETF (IYT) ($146.12, up 5.8% since May 9) set an all-time intraday high at $148.18 on June 9 and is above all five key moving averages in today's first table. The weekly chart is positive but overbought with its five-week MMA at $141.95. Quarterly and semiannual value levels remain at $132.17 and $131.89, respectively, with weekly and monthly risky levels at $151.05 and $151.60, respectively.

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