Tag Archives | XLF

Financial ETFs Brace for Earnings Reports

The WSJ’s John Spence writes that the popular exchange traded funds that focus on financial stocks will be put to the test by this week’s earnings announcements. The $7 billion Financial Select Sector SPDR Fund (XLF) is expected to be particularly sensitive to the earnings news of large banks due to the fund’s concentrated exposure […]

Financial ETFs Routed

John Spence is reporting on MarketWatch that Financial ETFs were routed as Citigroup plunged more than 20% in today’s trading. Citi is a large component of State Street’s Financial Select Sector SPDR Fund (XLF) which was down over 10% today. ETF investors who took a short position in ProShares UltraShort Financials (SKF) were up over […]

Buy Low – The Brave Way | XLF , DVY

Money Magazine’s Carolyn Bigda, Paul J. Lim and George Mannes recently published a series of tips to make “lemons into lemonade” in their article 21 ways to stomach a sour market. Tip 15 is to “Buy Low – The Brave Way”. The tip is based on an observation by contrarian investor David Dreman, “we’re going […]

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