Financials Start Strong, Face Headwinds (KBE, KRE, XLF, BAC)
Posted on January 14, 2012 at 17:50 PM EST
Brian Katt Financial ETFs have been strong performers but Europe’s downgrade on Friday could be a new headwind. The Financial sector represented by ETFs like Financial Select SPDR NYSEARCA: XLF) has enjoyed rapid, recent gains, up nearly 15% sinc...