Tag "xlf"

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…

Stock Market Update: Can Financials Lead The Market Higher?

S&P 500 Trading Outlook (2-3 Days):  Bullish The S&P 500 (NYSEARCA:SPY) saw little to no overnight volatility (into Friday’s trading session) as a result of the UK election. A hung parliament provided little to no reaction out of equities but merely Pound Sterling weakness. Although trading has stalled a bit, a positive…

Are Bank Stocks Losing Momentum? Watch This Pattern!

Bank stocks perked up last year, catching a tailwind from rising interest rates. The sector remains in an intermediate-term uptrend, but momentum has stalled out at an important price level. And investors should pay attention here. The chart below is of the KBW Bank Index (INDEXNASDAQ:BKX) since 2000. You can see…

Gauging The Pullback In Small Caps And Bank Stocks

Russell 2000 & Small Cap Stocks: Nothing Alarming Yet The Russell 2000 ETF (NYSEARCA:IWM) and S&P Financial Sector ETF (NYSEARCA:XLF) rallied after the U.S. election based on expectations for reduced regulations under the Trump administration. But both have lagged in recent weeks. As shown in the chart below, the recent…

Market Update: Yield Curve Breakout Bullish For Stocks

S&P 500 Futures: (2-3 Days)  Bullish The markets recaptured early weakness again on Thursday. And market momentum has begun to strengthen on the heels of the yield curve breakout.  Rising yields should be supportive to financial stocks near-term. Movement up above 2370 on the S&P 500 (INDEXSP:.INX) should help drive a rally back…

Corporate Credit Markets: Party Like It’s 2017!

It has been quite a while since I have written about the state of the corporate bond market. Longtime readers know that I follow the corporate credit markets very closely as the main tell of what drives equity markets. And considering the noise surrounding the markets, it probably a good…