Conclusion, Investment Implications, Strategy
The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is in the midst of an emerging minor and major bullish trend change amid expanding investor assets and emerging relative outperformance versus the benchmark S&P 500 (SPY).
XOP: Emerging Major Trend Change Amid Expanding Assets, Relative Outperformance
The upper panel of Chart 1 below indicates that the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) has recently risen above both its 50- and 200-day moving averages to indicate a bullish change in the minor and major trends. The middle panel shows that XOP is in the midst of a Sep 18th trend of monthly asset expansion, indicating bullish conviction in upcoming higher prices. The lower panel shows that XOP is also in a Sep 24th emerging trend of quarterly relative outperformance versus the benchmark S&P 500 (SPY). Together, these metrics indicate favorable conditions for XOP and other similar oil-related assets to continue their recent strength.
Chart 1
Current Sector & Industry Group Ideas
Table 1 below is also accessible via the Asbury ETF Trade Ideas rectangle at the top of the Research Center.
Click the table to make it larger
Performance Metrics Through June 30th 2025
Table 2 below breaks down the 96 individual trade ideas as published in real time via our Asbury ETF Trade Ideas from March 17th, 2023, through June 30th, 2025, which is a little more than 2 years. Our Asbury ETF Trade Ideas are accessible directly from the Research Center and available via the lower right rectangle at the top of that page.
These ideas are intended to be potential short-term trading opportunities rather than long-term investments. However, many users use them to provide exceptional, low-risk entry points into ETFs that they want to add as long-term portfolio holdings.
In addition, since the 27 months of data shown below indicate 1) how long our average holding period has been (18 days) and 2) what our average percent gain has been (4.6%) for winning trades, options traders may consider using these data to purchase out-of-the-money calls with less than a month left until expiration.
Table 2
Glossary Of Financial Terms
Performance Highlights
- the percentage of winning trades is higher than the percentage of losing trades.
- the average winning trade is almost double the average losing trade.
- the average winning trade length (in days) is more than twice as long as the average losing trade length.
- During the past 27 months, our model has, on average, produced one new trade idea per week.
How We Choose Which ETFs To Trade
Our selection process is to scan a broad list of ETFs daily, looking for four characteristics of successful trades:
- a positive major price trend
- monthly relative outperformance versus the benchmark S&P 500
- monthly investor asset expansion
- favorable risk/reward characteristics.
Contact us with questions or for additional information.