In spite of a market that is generally still quite strong, the financials are starting to stall and sputter.
Perhaps my favorite (albeit slow-moving) analog of all time is the financial sector (symbol XLF). In spite of a market that is generally still quite strong, the financials are starting to stall and sputter. Here’s what’s been happening recently:
Taking a big step back, you can see the “You Are Here” moment in the analog, accentuated in this image by the disgustingly shameless gold digger Louise Linton.
This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult with a qualified broker or other financial professional. The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The author wrote this article themselves, and it expresses their own opinions. The author has no business relationship with any company whose stock is mentioned in this article nor is receiving compensation from any of the companies mentioned.
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