Yahoo Finance | EN590 Commodities
EN590 Commodities GroupMarket Analysis 2026-08-07T02:03:00+00:00
TheS&P 500has had a strong 2026. Most of the gains have come from the same group of technology andAIstocks that have been driving the market for two years. One portfolio manager just decided to look somewhere else. Chris Versace, portfolio manager of theTheStreet Pro Portfolio, initiated two new positions on Aug. 5, adding the Health Care Select Sector SPDR ETF (XLV) and the Robo Global Robotics and Automation Index ETF (ROBO). The moves follow the portfolio's existing cybersecurity strategy and extend its exposure into two additional end markets Versace says he expects to grow over multiple years. The Pro Portfolio bought 395 shares of XLV at or near $164. That stake represents roughly 1% of total portfolio assets. It also bought 575 shares of ROBO at or near $84.50, coming in at about 0.
About EN590 Commodities Group
25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.