Red-Hot Bank ETFs Might Run Into Some Steep Resistance Soon

investing 600x300
From Dana Lyons: The recent breakout in financials is occurring right into potential chart resistance.
NASDAQ:KBWB February 18, 2017 8:19am

Consider These ETFs As Interest Rates Rise

rates
From Zacks: Against widespread assumptions, the Federal Reserve chair Janet Yellen fanned the possibility of faster hikes in rates in the coming months. Though no timeline has been provided yet and the decision will be “data-dependent,” the Fed indicated that a prolonged wait to eliminate accommodating monetary policy would be “unwise."
NASDAQ:KBWB February 16, 2017 7:20am

It’s Time To Buy The Dip In Financial ETFs

financial banks
From Zacks: The financial sector, which accounts for around one-fifth of the S&P 500 index, is now into the Q4 earnings reporting cycle. The trend has been favorable so far with three major banks crushing estimates on both lines while three others reporting mixed results.
NYSE:XLF January 21, 2017 8:43am

Goldman Sachs Q4 Earnings Surge, Beating Expectations

goldman-sachs-gs-logo
From StockNews.com: Goldman Sachs Group Inc (NYSE:GS) early Wednesday posted better than expected fourth quarter earnings results, logging revenue growth across nearly all business units.
NYSE:GS January 18, 2017 8:10am

U.S. Bancorp Turns In A Solid Q4

financial banks
From StockNews.com: U.S. Bancorp (NYSE:USB) early Wednesday posted better than expected fourth quarter earnings results, as both profit and revenue beat expectations.
NYSE:USB

Regional Banking ETF Hits New All-Time Highs

money and investing
From Zacks: For investors seeking momentum, SPDR S&P Regional Banking ETF (KRE - Free Report) is probably on radar now. The fund just hit a 52-week high, and is up about 70.3% from its 52-week low price of $32.63/share.
NYSE:KRE January 4, 2017 10:33am

These Bank Stocks Are All Up 60% Or More This Year

financial banks
From Zacks: The operating environment has not been favorable since the beginning of 2016, but the finance sector has finally emerged triumphant. The nation’s economic health, which the sector is largely dependent on, has improved decently as indicated by increasing real GDP numbers, declining unemployment rate, improving consumer spending and stabilizing housing market.
NYSE:XLF December 26, 2016 9:44am

Despite The Trump Bump, Bank Stocks Are Still Looking Very Weak

banks
From Eric Bush, CFA: It has certainly been a good couple of weeks for financial stocks. But the good times still haven’t been good enough to bring bank stocks out of last place among 24 developed market industry groups.
NYSE:XLF December 2, 2016 12:21pm

Financials Struggling to Adjust to Flattening Rate Curve

From Mike Larson: As global markets attempt to digest the prospect of rising rates in the U.S., it pays to examine how the financials have been faring amid a flattening rate curve.
NYSE:XLF September 2, 2016 9:40am

Financials Outperformed in August, but Here’s Why That’s Likely to End Soon

The Financial Select Sector SPDR Fund (NYSE:XLF) led most major sector ETFs in August with a 3.6% monthly gain, but the financials could be in for a rude awakening soon due to a flattening yield curve.
NYSE:XLF September 1, 2016 11:39am

World’s Biggest Asset Manager Downgrades European Banks To Sell, Expects Global Slowdown

europeanTyler Durden:  Exactly one month ago we reported that BlackRock, the world's largest asset manager, had downgraded global equities to Neutral, saying "U.S. valuations are elevated."
NASDAQ:EUFN July 6, 2016 10:59am

European Banks Have Their Worst Two Day Stretch EVER As The Global Financial Crisis Intensifies

banksOver the last two trading days, European banks have lost 23 percent of their value.  Let that number sink it for a bit.  In just a two day stretch, nearly a quarter of the value of all European banks has been wiped out. 
NASDAQ:EUFN June 28, 2016 3:42pm

Financial Sector Sends Mixed Signals As Earnings Approach

financial banksRick Pendergraft:   Last week, I wrote about the energy sector and how we were getting mixed signals from the daily charts versus what we are seeing from the weekly charts.
NYSE:FAS April 13, 2016 1:07pm

Citigroup Inc, Bank of America Corp, Wells Fargo & Co: A “Massive” New Headache For Banks Has Emerged

banksTyler Durden:  We have closely watched the spring borrowing-base re-determination period for US shale drillers because for many cash burning oil and gas companies it could mean the difference between survival and a quick death in bankruptcy court, as it represents the semi-annual event
NYSE:FAS April 12, 2016 2:10pm

Recommended for You

Explore More from ETFDailyNews.com

Free Daily Newsletter

Get daily ETF insights from our market experts. Never miss another important market development again!

ETFDailyNews.com respects your privacy.

Best ETFs

We've rated and ranked nearly 2,000 ETFs and ETNs using our proprietary SMART Grade system.

View Top Rated ETFs

Best Categories

We've ranked dozens of ETF categories based on relative performance.

Best ETF Categories