XLF Financials SPDR Outlook—While still facing challenges, Financials are showing some signs of near-term stabilization
With inflation continuing to look a bit toothless, we are expecting XLF to regain some of its footing in July.
With inflation continuing to look a bit toothless, we are expecting XLF to regain some of its footing in July.
The XLF has improved steadily over the past 9 months. And after a bit of a stumble in May relative to the S&P 500 it looks to be in a very constructive position for June. Our Elev8 Sector Model debuts with an OVERWEIGHT Position in XLF vs. the benchmark S&P 500 of +1.10%