AMEX:XLF   FINANCIAL SELECT SECTOR SPDR FUND
82 2 3
Q2 Earnings season is starting in Monday, July 11th with major financial institutions reporting.
Financials are projected to do slightly better then the previous quarter and may offer good upside potential.
From a fundamental standpoint, most financials are undervalued when taking into account future interest rates.
If "Market Stabilization" occurs in Q2 or Q3, further revenue and earnings growth is expected from Trading Revenue.

Technical Analysis showing resistance points after a break through the strong trend ling.
Zkalish PRO
5 months ago
Liked because you actually posted a chart
Reply
LeiJin
5 months ago
I am holding BAC and WFC. Financials are definitely undervalued. But since the Fed probably is not going to raise rates this year. So it is difficult to have some big rally in the short term.

Wondering what do you think about the Bios stocks, they are mostly undervalued as well.

Thanks!
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out