Possible Promise
Make Your Future Promise Possible
Source: ETF Trends
Bank stocks and sector-related exchange traded funds strengthened Thursday, brushing off the broader market pullback, after Deutsche Bank argued that bank stock performances could begin to gain momentum. Among the better performing non-leveraged ETFs of Thursday, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 0.2% and SPDR S&P Regional Banking ETF (NYSEArca: KRE) gained 0.4%. […] The post Bank ETFs Rise as Analysts Upgrade Sector Outlook appeared first on ETF Trends .
Source: Seeking Alpha
SPDR S&P Regional Banking ETF (NYSEARCA:KRE) gains 1.8%, outpacing the SPDR S&P Bank ETF (KBE +1.4%), as some large regional banks took smaller-than-expect
One of the most important decisions when setting up an option spread is where to place your short strike. Today in episode 10, we'll continue the discussion of creating option spreads and help you to maximize your probability of profit. Show Notes Indices were all up again for the day.Job …
Source: ETF Trends
Bank stocks and sector-related exchange traded funds have been hard hit and have fallen behind the broader market, but this segment may be a cheap opportunity. Among the best performing non-leveraged ETFs of Wednesday, the SPDR S&P Bank ETF (NYSEArca: KBE) increased 4.7% and SPDR S&P Regional Banking ETF (NYSEArca: KRE) advanced 5.1%. Christopher Marinac, […] The post Bank Sector ETFs Look Like a Cheap Opportunity appeared first on ETF Trends .
Source: ETF Trends
U.S. bank stocks and sector-related exchange-traded funds led the charge on Monday as the government releases $310 billion in a new small business aid package. Among the best performing non-leveraged ETFs of Monday, the SPDR S&P Regional Banking ETF (NYSEArca: KRE) advanced 7.5% and SPDR S&P Bank ETF (NYSEArca: KBE) increased by 7.0%. The Small […] The post U.S. Bank ETFs Climb on New Aid Package Targeting Small Businesses appeared first on ETF Trends .
Source: Benzinga Feeds
To say this week will be busy on the earnings front is an understatement. More than 460 companies deliver results and while there’s always the possibility of positive surprises, data suggest investors may not want to bank on that. “To date, 9% of the companies in the S&P 500 have reported actual results for Q1 2020,” according to FactSet research . “In terms of earnings, the percentage of companies reporting actual EPS above estimates (66%) is below the five-year average. In aggregate, companies are reporting earnings that are 8.3% below the estimates, which is also below the five-year average.” With that gloomy outlook in mind, here are some exchange-traded funds that could be in the earnings spotlight in significant fashion this week. SPDR S&P Regional Banking ETF (KRE) The SPDR S&P Regional Banking ETF (NYSE: KRE ), the largest ETF in the regional bank category, slumped 9% last week and that’s not the kind of price action investors are looking for as dozens of … Full story available on Benzinga.
Source: InvestorPlace
With the Federal Reserve’s rate cut earlier this week, I am recommending a bearish trade on the SPDR S&P Regional Banking ETF (NYSEARCA:KRE).
Source: ETF Trends
The SPDR S&P Regional Banking ETF (NYSEArca: KRE), the largest ETF dedicated to regional bank equities, gained 27.4% last year. While that lagged broader benchmarks, the performance was still impressive when considering the Federal Reserve cut interest rates three times. Rising interest rates historically benefit regional banks. Higher interest rates would help widen the difference […] The post An Important Catalyst For This Bank ETF appeared first on ETF Trends .
Source: Benzinga Feeds
Mergers and acquisitions in the regional banking space picked up some momentum last year thanks in large part to BB&T’s $66 billion purchase of SunTrust, a deal that created the bank now known as Truist Financial (NYSE: TFC ). That deal, dubbed a “merger of equals,” created the sixth-largest U.S. bank and was the first combination in the banking sector since the global financial crisis. Coming off a year in which it gained 27.4%, the SPDR S&P Regional Banking ETF (NYSE: KRE ), the largest exchange traded fund dedicated to regional banks, could be poised to benefit from more industry consolidation. Why It’s Important The $2.03 billion KRE holds 122 regional banks – those banks that have $10 billion to $50 billion in assets. The weighted average market value of KRE’s components is $10.8 billion, implying price points … Full story available on Benzinga.com
Source: MarketWatch
Bank stocks swooned Monday as bond yields fell further and unrest continued in Hong Kong. The SPDR S&P Regional Banking ETF was down 1.42% in mid-morning…
