Bullish Trade On This Bank ETF (KBE)
The SPDR KBW Bank Fund (NYSE:KBE) is up near resistance again, and one trader is using a combination trade to bet on a breakout. (KBE) is down 0.54 percent to $23.76 in morning trading Read more…
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Posts Tagged ‘bank etf’
Citigroup (C) Bucks The Trend On Upgrade Helping This Financial ETF (KBE)
“Citigroup (NYSE:C) shares were among the winners in the financial sector Monday after analysts at Goldman Sachs (NYSE:GS) upgraded the megabank’s stock, arguing that Citi’s massive trading desk Read more…
Are Financial ETF’s Telling Us Where The Market Is Headed?
“A look at the Financial Select Sector SPDRs (NYSEArca: XLF) shows that financial stocks peaked on October 14th. The direction since has more Read more…
Financial ETF’s Could Suffer As Big Banks Look To Boost Cash Position
“Big banks are scaling back their lending activities and boosting cash so far in the fourth quarter to cover lingering credit losses Read more…
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