ARTICLE SYNOPSIS...It's been a tough year for financial stocks, especially banks — the sector dropped 48% between January and the third week in March.
ARTICLE SYNOPSIS...After a long time, the Financials Select Sector SPDR is showing signs of recovery. Will it carry the rally ahead?
ARTICLE SYNOPSIS...The S&P 500 has now run up against key resistance and cannot seem to break through to continue its advance. The financial market sector is the fuel for the S&P 500. Has the S&P 500 run out of fuel?
ARTICLE SYNOPSIS...There are many ways to determine if the stock market is at or near a major market bottom. One way is by looking at the financial sector. Turns in the financial sector normally lead turns in the broader stock market.
ARTICLE SYNOPSIS...Statistical analysis is used here to show that the financial sector is close to reversing its weak downward trend to a new uptrend. However, this analysis also shows that this reversal may be diverted.
ARTICLE SYNOPSIS...Financial sector stocks enjoyed a major rally from October 2011 into May 2013 but a correction and/or trend reversal of the entire run higher appears to be in the works.
ARTICLE SYNOPSIS...The pullback rally of the Financial Sector SPDR has moved closer to the moving average resistance. The technical check is necessary for the direction of the breakout.