I last talked about bank stocks on January 3, 2019 – this was one of my last updates before my hiatus. Specifically I was talking about the Financial Select Sector SPDR ETF, ticker symbol XLF. I use the charts from this ETF as a general guide for individual bank charts....
It’s time for the holidays and discounts! Electronics and other gift items aren’t the only thing on sale during the holidays. It appears some stocks are trading at discounts as well! So let’s go bargain hunting and start creating a stock wish. During a bear market like we are currently...
The Federal Reserve Bank raised interest rates by 250 basis points last week. In percentage terms, that calculates to a .25% raise in the rate. Basis points terminology is widely used when talking about changes of less than one percent. As a result, this terminology is often used when discussing...
Well, that really stunk. A new battery that was on backorder for my Apple laptop came in during the week and I had to turn in my laptop for a couple of days to have them install the new battery. The out-of-stock battery was not supposed to be here until...
A Trendy Stock Charts member requested last week that I take another look at some bank stocks. The member also requested that I pick my favorite bank stock of the group. At first, I was not aware of the monumental task I created for myself. I figured that the pool...
This is a Financial Select Sector SPDR ETF (XLF) stock chart update, as requested by a Trendy Stock Charts member. Financial Select Sector SPDR ETF (XLF) Stock Chart Review This first chart is a 2 year weekly candlestick chart to help identify some support areas for the XLF using trendlines....
This quick hits update will cover a wide swath of companies. AAPL, CAT, DIS, FB, GOOGL, MGNX, SAVE, SIRI, TSRO, TSLA, X & XLF Consider this an overall check-up on the market. The sentiment of the majority of these charts just may provide some insight as what to expect over...
The Financial Select Sector SPDR ETF (XLF) is a widely traded ticker symbol. Let’s review some charts for XLF since most individual bank stocks will track somewhat similar to the sector charts. Some banks will obviously perform better than others, but as long as the trend for the sector looks good, picking...