MVedra

Financial Trouble

Short
AMEX:KRE   SPDR S&P Regional Banking ETF
Are financials rolling over? The financial sector ETF XLF, and regional bank ETF KRE are moving back down to their 12 month lows. The cause is likely lower interest rate hike expectations and government yields. Caution ahead for September's weak season.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.