This is one of the chart levels on our bull market checklist for premium subscribers. If B/D's & Exchanges remain below 57, we can't be long the space. This has been the strongest industry within Financials. If they lose leadership, look out below $XLF $IAI
iShares U.S. Broker-Dealers & Securities Exchanges ETF is about 10.7% GS, 9.9% MS and 8.8% SCHW -- I like it!
As you know the last years have been difficult for financials. But now inflation is rising and all of that stuff is going up. The underlyings discounted that already but I think we're up for more gains in the sector.
I'm coming with more ETFs.