Just caught LYB jumping 6.4% to close at $65.88 today on solid volume. Pretty interesting move considering the broader market. Looks like KeyBanc upgraded the stock to Overweight with a $73 price target, and they're pointing to the Iran situation as a tailwind for U.S. petrochemical companies. That's the kind of symbols of strength that can drive momentum in this sector.

The numbers backing this up are pretty solid too. Company's expecting to post $0.34 EPS next quarter, which is actually up 3% year-over-year. Revenue's looking at $7.49 billion though, down about 2.5% from last year's quarter. But here's what caught my attention - the consensus EPS estimate got revised 1% higher over the last month. That's the kind of symbols of strength in earnings revisions that usually correlates with price appreciation.

LYB has been on a nice run too, up 8.4% over the past four weeks before today's jump. Carrying a Zacks Rank 3 (Hold) at the moment. Worth keeping tabs on to see if this momentum sticks around or if we're just looking at a one-day pop. The chemical sector's been interesting lately with all the geopolitical noise affecting energy and commodity prices.