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PFI: PowerShares Dynamic Financials Outperforms Its Peers [view article]
You give IYF a pretty bleak description but it's doing well for short term investors right now: looks to me like financials should be held in the short run right now with investors carefully watching the movement.There's not much support technically or fundamentally for anything else. Here's a pretty good article that gives a technical analysis of IYF, www.greenfaucet.com/fa..., and the support and resistance levels to look for. Reply
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General Discussion on AOC
Is this a buy or a sell? ReplyFive Solid Financial Stocks [view article]
On 1/14/08, I bought calls of Wells Fargo (WFC) for February at $30 and April at $35. The stock was selling for $28.21 at the time. Reply