Possible Promise
Make Your Future Promise Possible
Source: ETF Trends
Cyclical and value stocks are making a comeback, giving investors reason to revisit the once beloved value factor. Broad-based value funds make sense for many investors, but others may opt to get tactical in the search for value. At the sector level, financials look appealing as value plays, a notion that’s giving rise to exchange […] The post A Financials Comeback, XLF, and the Search for Sector-Level Value appeared first on ETF Trends .
Source: The Reformed Broker
Subscribe! Today on the Untitled Chart Show, JC Parets of All Star Charts and Downtown Josh Brown take a look at the biggest trends in the markets right now, including: ►The highest VIX ever for a less than 5% S&P 500 decline – fear is everywhere ►Financial stocks (XLF) struggling to bust back above overhead…
Source: Benzinga
On CNBC’s “Fast Money,” Steve Grasso named Trinseo S.A. (NYSE: TSE ), Westrock Co (NYSE: WRK ) and Olin Corporation (NYSE: OLN ) as stocks that should do well under President Joe Biden. He thinks accelerating fundamentals, higher interest rates, less tensed trade war and growth to value rotation are positive catalysts for these names. Karen Finerman likes Financial Select Sector SPDR Fund … Full story available on Benzinga.com
Source: FXNews24
ETF of the Week: Financial Select Sector SPDR (XLF) | UK Stocks, Forex, Commodities, Crypto, Live Market News- Daily Forex News
Source: ETF Trends
ETF Trends CEO Tom Lydon discussed the Financial Select Sector SPDR (XLF) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF, one of the powerhouse SPDR products, provides exposure to an index that includes companies from the following industries: diversified financial services; insurance; commercial banks; capital markets; real […] The post ETF of the Week: Financial Select Sector SPDR (XLF) appeared first on ETF Trends .
Source: The Street RealMoney
The most important thing to keep in mind is that stock picking is still working very well….XLF
Many people try to take a directional assumption on their trades. But many have found that keeping their portfolio delta-neutral, meaning that they have a balance between long and short delta, is an easy way to benefit no matter what the market does and to bet on volatility rather than price …
Continue Reading about The Benefits of a Delta Neutral Portfolio →
Source: Yahoo Finance
Shares of Bank of America Corp. fell 2.0% in premarket trading Wednesday, after the bank reported a third-quarter profit that topped expectations but revenue that fell shy. Net income fell to $4.9 billion, or 51 cents a share, from $5.8 billion, or 56 cents a share, in the year-ago period, above the FactSet consensus of 49 cents a share. Total revenue declined 10.8% to $20.34 billion, missing the FactSet consensus of $20.8 billion, as the global markets, global banking and global wealth and investment management segments missed expectations while consumer banking topped forecasts. Net interest income fell 16.9% to $10.13 billion, just shy of the FactSet consensus of $10.24 billion. Provision for credit losses increased to $1.39 billion from $779 million, but that was below expectations of $1.88 billion. The stock has dropped 29.2% year to date through Tuesday, while the SPDR Financial Select Sector ETF has declined 18.7% and the S&P 500 has gained 8.7%.
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-
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 .
