|
|
Stoyan Bojinov: One important question that is often overlooked when discussing the price of oil is asking who exactly profits (aside from seasoned futures traders) when fossil fuel prices rise. As you might have expected, the answer to the previous question has more than a handful of correct responses; one of Read more…
Benjamin Shepherd: Thus far, 2012 has been a great year for the money center banks; shares of Goldman Sachs (NYSE:GS) and JPMorgan Chase (NYSE:JPM) have all gained more than 30 percent Read more…
Jeff Harding: There is a lot of good news to buoy the markets and give cheer to the public. We hear that new jobless claims are down another 15,000 to 358,000, the ninth week of declines out of the last ten, finally breaking below the 400,000 mark. A reduction in unemployment is a very positive sign Read more…
Jeff Harding: There is a lot of good news to buoy the markets and give cheer to the public. We hear that new jobless claims are down another 15,000 to 358,000, the ninth week of declines out of the last ten, finally breaking below the 400,000 mark. A reduction in unemployment is a very positive sign and Read more…
David Zeiler: The presidents of the U.S. Federal Reserve may not have used their knowledge for personal gain, but a look at their assets does show several apparent conflicts of interests. Read more…
“Five of the 10 best-performing exchange traded funds in the first quarter were propelled by financial firms. The SPDR KBW Bank ETF (NYSE: KBE), which tracks the KBW Bank Index, returned Read more…
“Regional banks, investment bankers and insurance companies will be key winners in the next phase of an advance that will be characterized by very lukewarm participation by the average Read more…
“Regional bank stocks, historically, have been a decent spot to be. Many regional banks actually hold loans they originate and have a great deal of knowledge about the economy in their area Read more…
“The Congressional Oversight Panel released its monthly oversight report yesterday and the findings are not all that optimistic for regional banks. The report specifically noted Read more…
“Robert Toll, the CEO of Toll Brothers, one of the nation’s largest luxury home builder stated that the Federal Housing Authority’s (FHA) lending practices are a definite train wreck that will raise a red flag Read more…
“Regional banks have had an impressive run since mid-November, but there is a case to be made that the regionals’ outperformance of megabanks is due for a pullback. The KBW Regional Bank ETF Read more…
“The big banks have been ringing the cash register over the past four weeks. The SPDR KBW Bank ETF (KBE), which tracks the performance of the KBW Bank Index, has surged 25% during this timeframe. The banks which were a source of a great deal of volatility in 2008 Read more…
The majority of economists are predicting a late 2009 or early 2010 economic recovery, and the recent upswing in the market has been bolstered by some of the sectors that were beat up the most in the recent crisis. As “zombie” banks are separated from healthy banks on the rebound, the financial sector is gaining momentum.
When it comes to financial ETFs, investors have an increasingly large selection, from broad-based indices to specialized subsector funds. The Financial Select Sector SPDR(XLF Quote), PowerShares Financial Preferred(PGF Quote) and iShares Dow Jones U.S. Regional Banks(IAT Quote) funds represent different approaches to the financial sector and different methods for investors to position themselves for recovery. Read more…
Most Comments