General Electric
Thu, January 23, 2025 | 1:57PM ET
Industrials is gaining ground today, but the equal-weighted Industrials ETF (RSPN0.12% ) is up only around +0.50%, far less than the Cap-weighted Industrials ETF (XLI0.03% ) as GE-1.28% and UNP0.20% , not to mention CAT0.11% and DE1.12% are leading gains. As shown by the Equal-weighted version of Industrials, this sector's underperformance since November has run its course, and has now begun to turn up sharply. this remains one of the best technical sectors in the US stock market at present, and it's right to be overweight Industrials.
