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XLF tracks an index of S&P 500 financial stocks, weighted by market cap.
52 Week High
52 Week Low
Financials are back in correction, and it could get much worse
Banks are coming off their worst week since 2011. The KBE bank ETF fell 9 percent last week, while the broader-based XLF financial ETF tumbled nearly 5 percent. Bank stocks are now in a bear market, having fallen more than 20 percent from a June peak, while the financials tumbled into a correction with losses of 13 percent from their 52-week highs. It could get even worse for the financials sector, says Craig Johnson, chief market technician at Piper Jaffray. "We're still underweight financials at this p...
Why stock market investors should worry about a bearish divergence in financials
There’s something brewing in the financial sector that could be worrisome to stock-market investors, especially those who shiver recalling events that led to the 2008-09 financial crisis.
Seeking AlphaMar 21