Financial Select Sector SPDR Fund

NYSEARCA: XLF
$37.58
-$0.17 (-0.5%)
Closing price September 17, 2021
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...