Conclusion, Investment Implications, Strategy

The Materials Select Sector SPDR Fund (XLB) and iShares Global Timber & Forestry ETF (WOOD) are in emerging major bullish trend changes amid monthly asset expansion and quarterly relative outperformance versus the benchmark S&P 500.  As long as these positive factors remain intact, this sets up a potential opportunity to buy XLB and WOOD and the construction/building-related assets they represent.  Charts and analysis to come.

Current Sector & Industry Group Ideas

Table 1 below is also accessible via the Sector & Industry Group Ideas rectangle at the top of the Research Center.

Click the table to  make it larger

This table also regularly appears in our weekly Keys To This Week: Sector & Industry Groups report published on Monday mornings.