Tag "xlf"

S&P 500 Trading Update: Waiting For A Reversal

S&P 500 Index Trading Outlook (2-3 Days):  BULLISH Still looks a bit early to turn bearish given the breakouts yesterday in Financials (XLF) and in Technology (XLK) while Industrials (XLI) have begun to accelerate after making its own minor trend breakout. While it was thought that a move over 2715 would…

U.S. Equities Trading Update: Breadth & Momentum Deteriorating

S&P 500 Trading Outlook (2-3 Days):  BEARISH The S&P 500 Index (INDEXSP:.INX) remains locked in range-bound consolidation, and has now overcome multiple pullback attempts. But each ensuing rally / recovery has come in spite of deteriorating breadth and momentum. The price area to watch is 2562. This level has held three…

S&P Sector ETFs: The Latest Long & Short Interest

The following data, analysis, and charts highlight long and short interest as of October 31, 2017 across several S&P 500 Sector ETFs.  Note that these stock market charts and excerpts also appeared on my blog in the full article. Below I highlight 3 of 9 important stock market sector ETFs. We look at the SPDR…

Stock Market Update: Election Anniversary Turning Point?

S&P 500 Trading Outlook (2-3 Days):  Above 2560 keeps trend positive as early pullback attempts failed. While upside might prove limited for the S&P 500 (INDEXSP:.INX), the bias still appears to upward, as declines have failed thus far to gain any traction. But the anniversary of last year’s election lows is…

Chart Spotlight: Financial Sector ETF (XLF) Price Target

The last time I blogged about banks stocks and the Financial Sector ETF (NYSEARCA:XLF) was in July 2016.  At the time, we noted a reason for immediate resistance… but ultimately a very well defined triangle pattern warned of an impending breakout to the upside. It’s time for an update with…

Chart Spotlight: Financial Sector ETF (XLF) Turns Lower

CHART SPOTLIGHT: The Financials Sector ETF – $XLF The S&P Financials Sector ETF (NYSEARCA:XLF) took a further step down in a move which largely has followed what Treasury yields have done over the last few days. XLF sent a warning on Thursday when it undercut the lows of the prior…

What Happens Next For Banks and Value Stocks?

This week has been a very bad week for Financials – big banks, regional banks, insurers, reinsurers… But the truth is, both the KBE Regional Banking ETF (NYSEARCA:KRE) and the broader KBE Bank Index ETF (NYSEARCA:KBE) are down 17% since March. At LaDucTrading, we have been swing short banks (via the XLF…

S&P 500 Trading Update: Tech And Financials Weigh On Bulls

S&P 500 Trading Outlook (2-3 Days)- BEARISH Tuesday’s selloff was bearish for the S&P 500 (NYSEARCA:SPY) in undercutting near-term support, but it managed to hold 2455 by the close which is at least a key level to hold for now. The fact that both Technology (NASDAQ:QQQ) and Financials (NYSEARCA:XLF) fell is a…

Financial Sector ETF (XLF) Closing In On 2007 All-Time Highs

The Financial Sector ETF (NYSEARCA:XLF) is still shaking off the stigma of the 2008-2009 collapse. It’s been nearly 10 years since it peaked… and it’s finally closing in on those all time highs again. And will likely surpass them some time soon. But that’s just the head line; savvy traders…

S&P 500 Weekly Outlook: Tensions Between Stocks & Bonds

In this week’s investing research outlook, we analyze the current trend of the S&P 500 Index (INDEXSP:.INX), key stock market indicators, and discuss emerging themes and news that we are watching closely in our investing research. Here’s a summary of our findings for the week ending June 16, 2017: Tensions Between Stocks and Bonds…