taylorsan

Financials suggessting yields aren't going to completely puke

Long
AMEX:XLF   SPDR Select Sector Fund - Financial
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I'm still bullish Financials, for now at least. Macro data is still showing growth and inflation rising (quad 2) but we will run out of runway on that as we move into 2nd half of the year proper.

Momentum is still to the upside, and may have bottomed for now. Also, we are rising on lower volumes last couple of days.

Let's see.

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