Source: Seeking Alpha
Financial Select Sector SPDR ETF (NYSEARCA:XLF) – $0.1353. 30-Day SEC Yield of 2.36% as of Sept. 18. Payable Sep 24; for shareholders of record Sep 22; ex-
It May be Time to Bank on Bank ETFs
Source: ETF Trends
The SPDR S&P Bank ETF (NYSEArca: KBE) and the broader Financial Select Sector SPDR (NYSEArca: XLF) are among the financial services ETFs that are scuffling this year due to low interest rates and rising loan loss reserves, but there are signs bank stocks could be ready to turn for the better. Banks are typically more […] The post It May be Time to Bank on Bank ETFs appeared first on ETF Trends .
Mike Khouw’s XLF Trade
Source: Benzinga
On CNBC’s “Options Action,” Mike Khouw suggested a bullish options strategy in Financial Select Sector SPDR Fund (NYSE: XLF ). He thinks the financials might outperform the market if we continue to see weakness in the tech space. Even though there is a good valuation story and … Full story available on Benzinga.com
Morgan Stanley’s wealth management CIO warns there are ‘particularly ominous’ signs about the state of the stock market’s health — and recommends jumping into these 4 trades during the next major sell-off
Source: Business Insider
Summary List Placement Since the stock market’s rebound from its March low, criticism has been plenty from those who have said the soaring valuations don’t accurately reflect the economy, which is still marred by high unemployment and reduced consumer demand. There are several reasons for what has been the quickest market bounce back in history , including insatiable demand for large-cap tech stocks and anticipation for a COVID-19 vaccine . But the Federal Reserve’s pledge to support markets for the foreseeable future no matter what has drawn ire from critics, who say the central bank’s massive easing efforts disproportionately benefiting the wealthy and well-invested. “Asset inflation does not solve income disparity. It actually doesn’t solve full employment. It doesn’t do any of the things we need it to do for it to be a robust economy,” billionaire Chamath Palihapitiya said on CNBC in May. “What it does is it allows people who play in the financial markets to make money.” The time may be coming, however, when this disconnect rears its head in the market.
Morgan Stanley lays out the evidence that a lasting recovery is still well underway — and shares ‘one of the best’ remaining trades to profit from it
Source: Business Insider
Fed Chairman Jerome Powell recently announced the central bank’s adoption of an average inflation targeting framework without mentioning its stance on controlling longer-term interest rates. Powell’s move indicates that long-term interest rates could rise higher and faster than investors had expected, according to a team of Morgan Stanley equity strategists. The firm also shared a strategy for investors who wish to profit from the conflicting signals that financials and utilities stocks are sending about higher rates and a V-shaped recovery. Click here to sign up for our weekly newsletter Investing Insider . Visit Business Insider’s homepage for more stories . The economy will bounce back in a V-shaped recovery and long-term interest rates may finally move higher along with inflation expectations, according to Mike Wilson, the chief US equity strategist at Morgan Stanley . His prediction derives from Federal Reserve Chairman Jerome Powell’s recent remarks at the virtual annual Jackson Hole conference .
4 Sector ETFs For September, Including A Pair Of Surprises
Source: Benzinga
September is here and with the arrival of the ninth month of the year comes some ominous equity market history. While October gets the bum rep as a brutal month for equities, the S&P 500 averages a September decline of 0.80% over the past two decades , making it the worst month of the year for benchmark domestic equity gauge over that period. Making September all the more tricky to navigate is the limited amount of sector-level upside opportunities. In fact, just two of the original nine sector SPDR exchange-traded funds average September gains. Let’s look at that pair and the two worst offenders here. The Good… Financial Select Sector SPDR (XLF) The Financial Select Sector SPDR (NYSE: XLF ) is usually the best-performing member of the sector SPDR suite in September, averaging a gain of just over half a percent, according to CXO Advisory . Owing to historically low interest rates, financial services is one … Full story available on Benzinga.com
Financial ETF Tracks Market Higher Despite Coronavirus Defaults
Source: ETF Trends
Financial stocks and sector-related exchange traded funds were higher Tuesday despite signs that Wall Street banks were bracing for more trouble ahead as the coronavirus pandemic continues to run its course through the economy. The widely observed Financial Select Sector SPDR (NYSEArca: XLF) was up 0.5% toward the end of Tuesday’s session, paring earlier losses. […] The post Financial ETF Tracks Market Higher Despite Coronavirus Defaults appeared first on ETF Trends .
How to Select the Short Strike
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 …
4 Good And Bad Sector ETFs For July
Source: Benzinga
Although July is smack dab in the middle of the infamous “sell in May” period, it’s historically a decent month for equities. Over the past two decades, the S&P 500 averages a gain of 0.80% in the seventh month of the year. Then there’s this nugget: the S&P 500 has never finished a quarter lower following a quarter in which it gained more than 15%. The index gained 19.64% in the second quarter. That doesn’t mean July and the third quarter will be easy, but here are a few sector exchange-traded funds to consider and perhaps some to avoid. Financial Select Sector SPDR (XLF) In what may be a surprise to some, the Financial Select Sector SPDR (NYSE: XLF ) averages a July gain of more than 1%, making it the best performer in … Full story available on Benzinga.com
The Power of Option Spreads
We've been talking about the importance of options. But most people don't just buy or sell a single option. Options can be combined into myriad different strategies which can give you even greater flexibility. In episode 7, we'll discuss the power of option spreads, plus review the week in the …
