Is the Financial Sector Poised for a Major Directional Move?
Key Points The financial sector has outperformed YTD, with an increase of over 8.5% compared to the overall market’s 6.9%. The sector ETF is consolidating above previous resistance, with converging 20-and 50-day SMAs. The upcoming earnings report of the ETF’s top holding, BRK.B, scheduled for May 3, could serve as a directional catalyst for the […]
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