$XLF Long - Watch the end of this monthPushing hard on the top of a rising wedge. Monthly candle needs to close green.
Key stats
About SELECT SECTOR SPDR TRUST
Expense ratio
0.09%
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Inception date
Dec 16, 1998
XLF offers efficient exposure to the heavyweights in the US financials segment. Its cap-weighted, S&P 500-only portfolio means that its concentrated in large banks and avoids small-caps. For many investors and traders, XLF has been the go-to ETF for financials exposure, although there are more comprehensive funds out there for long-term exposure. Note: XLF spun off its real estate exposure in September 2016, consistent with the GICS reclassification that elevated real estate to sector-level status. The change was material: Real estate comprised about 20% of the fund at the time. For each share held, XLF shareholders as of 9/16/16 received 0.139146 shares of XLRE, State Street Global Advisors' real estate ETF. (Immediately prior to the distribution, XLF had swapped its REITs for shares of XLRE.)
Classification
What's in the fund
Exposure type
Finance
Commercial Services
Stock breakdown by region
XLF- Cant Hide From The TruthWe are in interesting times in the markets
If you have followed us at all you know that we have been pounding the table for the last couple of years that the markets are heading for a GENERATIONAL TOP
Of course as with all Bull markets we have seen almost parabolic price action in some markets at
SPY/QQQ Plan Your Trade: 10-16 UpdateLearn to watch for signs of major market contagion by watching key sectors.
In my opinion, the biggest sectors: Like Transportation, Financials, Gold, and Crude Oil, will lead any major market collapse - often by 7-10+ days.
This videos highlights what I believe most traders need to watch in terms
XLF- The ImplicationsAs with SPX, XLF is headed to what we think is a MAJOR TOP
We will save the long diatribe but the implications of this are disturbing to say the least
What are the implications?
Increased layoffs
Increased unemployment
Increased Bankruptcies
Bank Insolvencies of various levels
Restrictive Credit
Are financials topping? XLF hitting major resistance.
JPM hitting major resistance.
Financial have been putting a very strong bid under the SPY & IWM
If financials are topping here i do think it will be a major headwind for the market.
I'm watching to see if the Fed rate cut becomes buy the rumor sell the news!
Are financials topping here? Financials have been one of the leading and strongest sectors on the back of rate cut narratives.
The resilience and strength can easily be observed...
XLF has been making new highs despite the QQQ & SPY not.
Now it begs the question; is all the rate cut priced in?
We think financials are set
XLF- We Hope We Are WrongXLF is heading to a significant crossroads
We will get into the details of the price structure in a future post but know that we STRONGLY feel XLF is heading towards a MAJOR TOP
SPX is in a similar position and its downturn is going to amplify XLFs speed lower
As we said previously this will defi
XLF ETF ATH breakout . US ETF44.30 above breakout possible
43.50 below trade invalid
expecting strong breakout
if sustain 45/46/47 expected to test soon
XLF- This Isnt GoodAs those who follow us know we have been warning about XLF and the story we are seeing within the price structure
As the Financial Sector goes..so does the rest of the markets
I really truly hope we are absolutely wrong about this call because this is definitely going to rattle world markets
See all ideas
Displays a symbol's price movements over previous years to identify recurring trends.