NEW YORK ( TheStreet) -- The industrial sector, which also includes transportation stocks, consists of 64 companies and can be traded in the Industrial Select Sector SPDR Fund (XLI) . This exchange-traded fund, at $57.50, has a year-to-date gain of 10% versus 13% for the S&P 500. Before showing the daily and weekly charts for this ETF, some background.
The industrial sector ETF has five components of the Dow Jones Industrial Average, which has a year-to-date gain of 9.1%. One is General Electric (GE) , which is a laggard with a year-to-date loss of 8%.
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FedEx ($175.50) set an all-time intraday high at $183.51 on Dec. 8. FedEx reported earnings on Dec. 17 and missed analysts earnings estimates resulting in a 11% correction from the high to $163.57 on Dec. 17. The stock has a gain of 22% year to date.
UPS ($111.90) set an all-time intraday high at $113.10 on Dec.23 and has a year-to-date gain of 6.5%.
Here's the daily chart for the Industrial Sector SPDR.
Courtesy of MetaStock Xenith
The daily chart for the industrial sector ETF shows it entered 2014 above its 200-day simple moving average (green line) at $45.45 but then declined to a test of this moving average between Aug. 1 and Aug. 8.