THE FINANCIAL SELECT SECTOR SPDR FUND

NYSE ARCA: XLF
$41.13
+$0.26 (+0.6%)
Closing price April 23, 2024
The Financial Select Sector SPDR Fund, commonly known as XLF, is a well-known exchange-traded fund (ETF) that focuses on the financial sector of the United States. Managed by State Street Global Advisors, it aims to mirror the performance of the Financial Select Sector Index. XLF invests in a variety of financial companies, covering both growth and value stocks across different market capitalizations. Launched in 1998, it offers investors exposure to the financial industry, including banks, insurance companies, and investment firms.

Financials Up, JPMorgan Brushes Off Projected $4.2 Billion Trading Loss (JPM, C, BAC, MS, WFC, XLF)
In a rare bit of good news, the ISM non-manufacturing index came in higher than expected this morning, at 53.7%, up 0.2% from April and the same amount above the consensus estimate. The price index...
Paul Ausick
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Bonds Sound Recession Warning, Of Sorts (TLT, JNK, AMJ, XLF, FAS)
Source: Jon OggSo, just two weeks ago it looked as though “Sell in May and go away!” was not going to be as strong of a theme in 2012 compared to 2011 and to 2010.  In 2010 the market had...
Jon C. Ogg
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The 2012 Trade: Dump Utilities, Buy Banks... So Far (XLU, XLF, BAC, JPM, AEP, DUK)
Source: Jon OggThe trade in 2011 was to go out and turn utility stocks into the new investment for retirees seeking income.  They couldn’t exactly get any big yield in certificates of deposit, and...
Jon C. Ogg
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BofA's China Stake Sale Is Better For Holders Than Buffett (BAC, BRK-A, BRK-B, JPM, WFC, XLF, FAS)
Bank of America Corp. (NYSE: BAC) raised $5 billion in cash from Warren Buffett last week, and the bank announced this morning that more cash is on the way from a sale of 13.1 billion shares in China...
Jon C. Ogg
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BofA Asset Sale in China, Better Than Buffett? (BAC, BRK-A, BRK-B, JPM, WFC, XLF, FAS)
Now that Bank of America Corp. (NYSE: BAC) has raised $5 billion in cash from Warren Buffett, it’s time to look around and see what assets the bank might have on the block next. The crazy rumor...
Jon C. Ogg
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BofA and the Lesson of Assets Sales (BAC, AIG, XLF, FAS)
Shares in Bank of America Corp. (NYSE: BAC) are up more than 5.5% today following reports that the bank selling some assets to raise cash. There is also some speculation that the bank is considering...
Jon C. Ogg
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The Top ETFs to Watch for the Week of July 11-15 (IYG, XLF, VFH, KBE, FDN, IYW, XLK, QQQ, HHH, PBJ, XLY, GDX, GDXJ, IJR)
Earnings season hits the ground running later today when Alcoa Inc. reports second quarter earnings. We have already posted a preview of other top earnings coming this week.  Now we’re watching...
Jon C. Ogg
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Sizing Up Mortgage Exposure, Earnings, and Book Value for BofA and Peers (BAC, C, CMA, NYB, NTRS, RF, STT, USB, WFC, JPM, XLF, FAS)
Bank of America Corporation (NYSE: BAC) has found itself as the king of the mortgage mess after it decided to acquire Countrywide.  By acquiring the company’s corpse rather than trying to just buy...
Jon C. Ogg
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Fund Watch: Time To Search For Value (CVFYX, VASVX, FDVLX, IVE, IWN, XLF)
When investors get nervous, the one stock market segment that finds attention is “value funds” as investors look for protection but can still get upside of the stock market.  Following the...
Jon C. Ogg
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Earnings Preview for JPMorgan (JPM, BAC, WFC, XLF, FAS)
On Wednesday morning will come the highly anticipated news regarding the first quarter earnings announcement from none other than Jamie Dimon and JPMorgan Chase & Co. (NYSE: JPM).  This single...
Jon C. Ogg
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Chart Breakout Calls: Oil, Financial, Industrial (USO, XLF, XLI, GE, COF, BWA)
Chart breakouts are happening as the market recovers.  Maybe.  Monday’s triple digit DJIA gains on the first day of the month followed an extremely strong July.  You just have to keep in...
Jon C. Ogg
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Technical Alert: JPMorgan Vs. Key Banks (JPM, BAC, C, WFC, XLF, FAS)
The recent trading days have been more than interesting in the market and in the financial sector.  The big change came right at the same time that the banks looked poised for another potential...
Douglas A. McIntyre
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Spying on JPMorgan Chase Earnings (JPM, BAC, GS, WFC, XLF, FAS)
Jamie Dimon and friends over at JPMorgan Chase & Co. (NYSE: JPM) will kick off the earnings season for the major money center banks and too-big-to-fail institutions on Friday in the early morning...
Douglas A. McIntyre
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Financials Right Under Key Technical Alert Levels (BAC, JPM, WFC, GS, C, FAS, XLF, FAZ)
Earlier this week came an alert that a technical event was likely to be seen in the major money center banks and major financial institution stocks pertaining to the 50-day moving averages.  After...
Douglas A. McIntyre
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Technical Event Alert Coming in Major Financials (FAS, XLF, JPM, BAC, WFC, GS, C)
There is a key technical event that may be close to occurring in some of the major banking and financial stocks.  These have all used the 50-day moving average as a key pivot point since at least...
Douglas A. McIntyre
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