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Capital equipment finance shares are trading near their 50-day
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Capital equipment finance shares are trading near their 50-day moving average, making technical traders watch the sector for breakouts. RSI readings in several mid-tier firms are above 60, indicating moderate bullish momentum with room for upward extension. "The administration is pushing for $40 per barrel crude oil, and with tariffs on foreign [piping supply used for drilling, input] prices are up, and drilling is going to disappear," one respondent said in the Dallas Fed's monthly energy survey. Empire will work directly with end users through its sales team, ensuring a robust origination channel. To maximize reach, Empire will also source deals indirectly from peer group lenders and lessors through its capital markets team. Weekly sector analysis shows capital equipment finance outperforming the S&P Industrial Index by 1.4%, supported by stronger-than-expected Q1 earnings in machinery and defense sub-sectors.