One of the most consistent market criticisms bears have pointed to over the past several years is the lack of participation from banks and Financial stocks as a group. The concern has certainly been warranted as Financials are the worst performing sector outside of Energy and Materials since the market registered record highs back in […]
Choosing the Best Option for Your Financials
Rotation into Financials and other more cyclical areas of the market is a popular theme among many of the top Technicians that we follow right now. When we dove into Financials we noticed an interesting divergence between its two largest Sector ETFs, $XLF and $IYF. In early July the iShares US Financials ETF, IYF broke […]
Bullish Opportunities Brewing in Financials?
Since the last week of 2018, the markets have been on a tear. No investors expected such velocity in the bounce nor the upward momentum that followed. The average investor is looking for a pullback to get back in and so far there isn’t one to be found. Mark Newton, CMT and Founder of Newton […]
What Investors Need to Be Watching in Financials
The discussion of the Financials sector underperforming has been growing louder as a potential concern on financial social media. This week Financials were the 2nd worst performing sector as well as the worst performer on Friday alone. At 14% of the S&P 500, Financials are an important sector to say the least. Many investors argue […]