What’s Behind The Bank ETF’s Rally?

2019 Stocks increase
From Todd Shriber: Financial services, one of 2018's worst-performing sectors, is looking to shed that laggard status this year. The group is off to a good start, as highlighted by the Financial Select Sector SPDR XLF 0.06%, which is up 9.15 percent year-to-date.
NYSE:XLF January 29, 2019 1:24pm

Banks hope to shake off concerns over a global recession in earnings

Financial Sector
From Brian Cheung: The large-cap banks will kick off the first earnings season of 2019 next week, and their biggest challenge will be fending off concerns about a looming recession.
NYSE:XLF January 11, 2019 12:02pm

Treasury Secretary Mnuchin held calls with Bank CEOs to discuss the market turmoil

Financial Sector
From John Melloy: Treasury Secretary Steven Mnuchin spoke with J.P. Morgan Chase CEO Jamie Dimon, Bank of America's Brian Moynihan, Goldman Sachs' David Solomon, Morgan Stanley's James Gorman, Tim Sloan of Wells Fargo and Michael Corbat of Citigroup.
NYSE:XLF December 24, 2018 1:24pm

Financial ETFs are Suffering

etfs money
From Ben Hernandez: "There's a lot of nuance in the decision. I think what's pretty clear from the statement is Powell is not poised to turn sharply dovish," said Brian Dangerfield, macro strategist at NatWest Markets. "The Fed is going to be data dependent, but the data on which they are depending has not slowed dramatically."
NYSE:XLF December 20, 2018 4:31pm

KBW, CFRA downgrade bank sector on poor economic outlook

bank sector
From Hugh Son:
NYSE:XLF December 12, 2018 2:17pm

Bank stocks leading the market lower today

money, 100 dollar bills
From Richard X. Bove:
NYSE:XLF December 10, 2018 1:21pm

Financial Sector Update, November 9, 2018

Financial Sector
From Nasdaq: November 9, 2018 Financial Sector Update
NYSE:XLF November 9, 2018 1:31pm

This U.S. Bank Lost 50% Of Its Value This Year

bank sector
From Adem Tumerkan: Last week, news broke that new home sales plunged nearly 6% in September. This was the worst month since December 2016.
NYSE:XLF October 30, 2018 7:01am

Banks Are Creating A 2007-Like Topping Pattern

bank sector
Technical analyst Chris Kimble looks at a long-term chart of an important bank stock index and sees potential trouble ahead.
NYSE:XLF October 21, 2018 7:30am

Bank ETFs In Focus As The Fed Hikes Rates Again

From Zacks: The two-day Federal Reserve Open Market Committee (FOMC) meeting has started on Sep 25. Per the CME Group FedWatch Tool, the odds of a rate hike are 94%, which will be the eighth-rate hike since December 2015.
NYSE:XLF September 27, 2018 6:00am

Wall Street Salaries Surge To Near-Record Levels

From Tyler Durden: Thanks to a wave of consolidation that has helped banks compensate for rock-bottom interest rates and tighter capital requirements, Wall Street's pre-tax profit grew by a staggering 42% last year, according to an annual report from the New York State Office of the Comptroller.
NYSE:XLF September 20, 2018 6:15am

Ghost Of Lehman Brothers Still Haunts The Finance Space

bank sector
From Adem Tumerkan: In just two days - September 15 - it will be the 10-year anniversary of Lehman Brothers collapse. The date they filed bankruptcy.
NYSE:XLF September 14, 2018 6:18am

The Top ETF Picks For A Hawkish Fed

From Zacks: An upbeat August job report has bolstered the case for faster-than-expected rates hike once again. The U.S. economy added 201,000 jobs in August, representing 95 consecutive months of job additions -- the longest growth streak.
NYSE:XLF September 12, 2018 6:52am

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