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XLF

The beginning of the growth of relative strength in the financiaAn interesting situation unfolds in stocks of the US financial sector a very rare reversal signal has arrived - only the 3rd (!) such signal since 2009 in the financial sector S&P 500, this was in 2009, 2016 and now here again this week. Relative Strength - the relative strength of the XLF financial sector ETF has broken the trend line of the weakening cycle since 2018, and just the last 1.5 years, banks have been weaker than the market and have been underestimated for a long time, and now, as we see last week, a certain rotation has gone from grwoth sectors to the most undervalued securities, including banks in the US market. As can be seen from the graph, this happened since 2016 when the RS sector came out of decline and sharply went higher. That is, the outperfom of the sector went against the S&P 500 - a cycle of strengthening the sector against the market as a whole. And six months after this moment, ETFs in the financial sector added + 38%, while the S&P 500 only + 11%, almost 3 times ahead of the entire market.
AMEX:XLFLong
by abdikarimov
1
2019 trendline brokenAs with the Dow, Russell, Financials (XLF), the past couple of days have broken below their respective year long trendline support, leaving gaps. Whether markets will retrace off of these oversold conditions or continue their slide is yet to be seen, but the veracity of this downside move should give pause to market bulls. Let the dust settle and see if there are any buyers near new support levels. That said, we haven't had a 3% daily move in a long while so this may seem like the end of the world :) but let's remember that we've come a long way and we're very extended. Doesn't preclude the fact that markets may settle down, consolidate for a while and have a retry at breaking out. In the meantime, failed breakouts usually are not kind to the bulls and are not prone to reversing their course easily in the near term, so stay cautious...
TVC:DJI
by grenadetrade
FINANCIALS JULY MONTHLY 2019 (DETAILED-END OF THE CYCLE TA)One major detail that stands out is the 30-31$ resistance. In order to continue its bullish run it must close above these levels. Although this might be a tough task since we are in the late stages of the cycle. My focus in the next year will be this exact sector, since most banks will not be able to hit the same profit margins due to the inversion in the T. bonds yield curve(unless they take on more leverage). Systematic risk(Beta) has overall increased, because of the trade uncertainties with China. >>If you liked this idea give it a thumbs up! Every follow is much appreciated!>> Full Disclosure: This is just an opinion, you decide what to do with your own money. For any further references- contact me.
AMEX:XLF
by step_ahead_ofthemarket
xlf in a popular retreat zone. may be good hedge, or shortHeres some interesting spots on chart. xlf been lagging. similar to iwm.. which looked to be backing out of similar resistance zones. May pickup some puts to add to my rally for nothing hedge.. Keep waiting to hear why we're back up here. fed rate that never changed? trump deals that never get made? earnings revisions everywhere.. so much debt.. etc Seems this or iwm reacts stronger to downside, vs spy or vti.. Some may consider this a warning that there is downside risk mounting.. others on the trump train just see more money to harvest. Not sure where i stand. I guess id say im not convinced. But eager to see what happens.
AMEX:XLFShort
by leftey
1
Double Top and profit taking XLF has reached to the final target zone of a bullish setup (posted in my Facebook page) Now, with a double and a resistance zone, we can see some pullback (or even a strong bearish wave). This can be a warning signal for stocks... SPX also struggles to close in new records highs territory - Back below 2960 and generates a potential false break and a potential daily Pinbar (still a couple of hours to the daily close) Warning Warning Warning - Trump and Powel in need for the rescue
AMEX:XLF
by themarketzone
Short XLFLow rate environment and flat yield curve have created an unprofitable environment for banks and financials. In addition the recently dovish fed in a still tight labor market will likely increase inflation and marginal costs weighing on financial's and corporate companies' alike profit margins. These factors will make earnings and guidance difficult this coming earnings season (april-may). From a technical perspective the financials have rallied with the market since the Dec. 24 bottom. XLF has underperformed as rates have fallen and now is hitting fibonacci resistance making a lower high with hidden negative divergences on the daily chart. AMEX:XLF Expect momentum to turn downward and earnings and guidance through april and may to only serve as a catalyst for lower prices in the financials sector.
AMEX:XLFShort
by Zacrichards02
XLF ETF: Sell opportunity on 1D. A Golden Cross took place (MA50 crossing over the MA200) on 1D on the XLF. Although this is theoretically a bullish development, its has been bearish on 1D in the last two times that this was spotted. In fact the price lost around -3% from the top candle of the Golden Cross until it touched the MA50 again. This gives us a roughly 1 week window and short opportunity. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
AMEX:XLFShort
by InvestingScope
XLF is going to take a nosedive as the US turns dovishRight, a bit of a congested chart... In white, we have $XLF, purple, the US unemployment rate, orange is the European bank index and in yellow, we have the effective Fed Funds rate (US interest rate). Recent rhetoric from the Fed has been pretty dovish, and we have had a pause in hiking rates, with there likely to be absolutely no hike this year. If an economy that is apparently 'doing well' cannot afford a rate hike, is there not something seriously wrong? Let's take the European banks... Since the crisis, they've experienced negative rates whilst the US has had positive real rates... See, banks like interest rates. It allows them to make money, and allows for productive lending since there is not adverse selection when it comes to borrowers. The Fed is about to follow the ECB's lead... I think Fed member Williams said they could go to negative rates if needed... Which is crazy, since all they end up doing is creating zombie firms. So let's get this idea set... The Fed are pausing with rate hikes... They're likely to stop the balance sheet run off... And unemployment is at a record low... Every time the Fed has stopped their rate hike cycle, unemployment has increased and XLF has fallen off... Is that a decent enough thesis to get short if we start seeing unemployment data tick up? Well, we already have... we've just had the highest Q1 layoffs in the US since the financial crisis... Buckle up!
AMEX:XLFShort
by FinkPro