Tuesday, December 5, 2017

Chart of the Day: Piling Into Financials

As we've been reporting for some time herein, we like the setup for financial stocks (presently tied with industrials for our highest target weighting). Therefore, XLF (the largest, and most liquid, financial sector ETF) is a prominent holding in most of our client portfolios.

Apparently, the market is beginning to warm up to our thesis:

Click to enlarge...



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