I often remind investors to look past the negative and find the positive. Last week provided no shortage of big splashy headline stories, from yet another high-profile personnel shakeup at the White House to a nail-biter special election in Pennsylvania’s 18th Congressional District, from Russia’s alleged nerve agent attack on a former double-agent spy to […]
From Chris Kimble: Some question if “Pigs Can Fly.” I don’t know if they can or can’t, of late though, Piggy Banks are flying high and breaking out.
From Chris Kimble: Assets in rising trends often create what is called a “Bullish Flag” pattern. Below looks at the price pattern of Regional Banks ETF (KRE) over the past decade and highlights that a bull flag pattern could be in play.
There have been some mild outflows in recent sessions in the largest “Regional Banking” ETF, KRE (SPDR S&P Regional Banking, Expense Ratio 0.35%, $3 billion in AUM), with approximately $275 million exiting the fund via redemption pressure.
Today we have seen some nibbling in infrequently traded KRE (SPDR S&P Regional Banking, Expense Ratio 0.35%, $3.4 billion in AUM) options consisting of activity in the September 53 calls.
From Taki Tsaklanos: Regional banking stocks doubled in exactly 12 months. Smart investors know that such a steep rise cannot continue. Visibly, after prices doubled, a sharp correction started.
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.
From Taki Tsaklanos: Most investors are focused on a handful of sectors. Hence, following all stock market sectors is a success formula to outperform fellow investors, as it allows to identify the winning sector(s) in the broad array of markets.
Today, we take a closer look at an ETF focused on regional bankers than recently stemmed the tide of big outflows earlier this year to see substantial inflows over the past week.
NYSE:C, NYSE:BAC, NYSE:WFC, NYSE:JPM, NYSE:GS
NYSEARCA:XLF, NYSEARCA:KCE, NYSEARCA:KRE
NASDAQ:UBSI, NYSE:BAC, NYSE:JPM
NYSEARCA:XLF, NYSEARCA:KRE, NYSE:WFC