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Even I am willing to admit that banks/financials have had the stuffing beaten out of them and there’s a CHANCE they could find a bounce point around here (only to be followed by a plunge into the sumerian darkness). I covered my XLF at a nice profit on Wednesday, but I still have individual bank shorts. Here’s the regional bank fund:
Remember, though, knife-catching doesn’t always work out.
Despite its venerable age, the Dow Jones Industrial Average (DJIA) remains a cornerstone of financial market benchmarks, frequently cited alongside the S&P 500 and Nasdaq-100...
As for the economy, the federal government (the Bureau of Economic Analysis) released its third estimate of real gross domestic product (GDP) growth recently at 3.4% (annual rate)...
by Jack FischerDuring LSEG Lipper’s fund-flows week that ended March 27, 2024, investors were overall net redeemers of fund assets (including both conventional funds and...
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