Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
3,448 people get XLF articles and Market Currents by email alert.
Get email alerts on XLF »
HEADLINES:
ALL
|
PRO
|
FOCUS
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
-
Will Wednesday's Fed Minutes Spark A Sell-Off?Chris Ciovacco • Tue, May 21 -
-
-
-
-
-
-
-
-
-
-
-
-
-
To learn more about Seeking Alpha Pro, click here.
-
-
-
-
-
-
-
Friday's ETF Chart To Watch: Financial Select Sector SPDR (XLF)Stoyan Bojinov • Fri, Jul 13, 2012 -
-
-
-
-
-
Bank Of America Leads Financial ETFs HigherTom Lydon • Wed, Mar 21, 2012 -
-
-
-
Why The Financial ETF XLF Has Outperformed The BanksHenry Swann • Wed, Feb 15, 2012 -
-
Financial ETF Down 2% As BAC Again Tests $5John Spence • Mon, Dec 19, 2011 -
-
-
-
-
-
-
Will Wednesday's Fed Minutes Spark A Sell-Off?Chris Ciovacco • Tue, May 21
-
-
-
-
-
-
-
-
-
-
-
-
-
-
There are no Transcripts on XLF.
-
at MarketWatch.com (Thu, 11:07AM)
-
at MarketWatch.com (Wed, 10:38AM)
-
at MarketWatch.com (Mon, 10:42AM)
-
at MarketWatch.com (May 14, 2013)
-
at CNBC.com (May 13, 2013)
-
at CNBC.com (May 10, 2013)
-
at MarketWatch.com (May 3, 2013)
-
at MarketWatch.com (May 1, 2013)
-
at MarketWatch.com (Apr 30, 2013)
-
at MarketWatch.com (Apr 29, 2013)
-
at CNBC.com (Apr 26, 2013)
-
at MarketWatch.com (Apr 23, 2013)
-
at CNBC.com (Apr 22, 2013)
-
at CNBC.com (Apr 22, 2013)
-
at CNBC.com (Apr 16, 2013)
-
at CNBC.com (Apr 10, 2013)
-
at MarketWatch.com (Apr 10, 2013)
-
at MarketWatch.com (Apr 9, 2013)
-
at MarketWatch.com (Apr 8, 2013)
-
at CNBC.com (Apr 5, 2013)
XLF vs. ETF Alternatives
XLF Description
The Financial Select Sector SPDR® Fund, before expenses, seeks to closely match the returns and characteristics of the Financial Select Sector Index. Our approach is designed to provide portfolios with low portfolio turnover, accurate tracking, and lower costs.
See more details on sponsor's website
See more details on sponsor's website
Sector: Financial
Country: United States
Key Info
- In Your Portfolio: Financial Sector ETFs
- Asset Class Performance: Sectors
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Monday, October 22, 2012, 3:58 PM S&P more than doubles to $10B the amount of annual profit it estimates banks stand to lose as a result of the Volcker rule. "Stricter rules could lead us to take negative rating actions on certain banks." In addition to the usual 6 TBTF names, PNC and USB were included in the analysis. The combined profits of all 8 lenders will sum to less than $100B this year. 3 Comments [Financials]
- Wednesday, October 17, 2012, 3:35 PM Financials (XLF +1.2%) lead today's sectors and extend their lead as 2012's top performer, now up 25% YTD and 33% over the past 12 months. While investors struggle to gain clarity on BofA's (BAC -0.1%) prospects, M&T Bank (MTB +5.6%) and BNY Mellon (BK +5.2%) rank among the day’s big gainers after both reported strong quarters. C +3%, GS +1%, JPM +1.2%. 1 Comment [Financials, On the Move]
- Tuesday, October 9, 2012, 1:00 PM Today is a market anniversary of sorts, with stocks beginning a bull run on Oct. 9, 2002 and then peaking on Oct. 9, 2007. Performance since the 2007 top (dividends included): Staples (XLP) and Consumer Discretionary (XLY) lead the way, gaining 47.1% and 34.6%, respectively. The outlier on the downside is the financial sector (XLF) -49.9%. (via) 1 Comment
- Tuesday, October 9, 2012, 10:12 AM "We see three reasons for optimism in Q3 and beyond," says Goldman Sachs in a positive note about banks. The market has failed to price into shares how just a small gain in the housing market can deliver a big gain to banks' bottom lines. Top ideas: C, WFC, RF, EVER. The XLF is the top-performing sector ETF YTD. Something is priced in. 2 Comments [Financials, Quick Ideas]
- Tuesday, October 9, 2012, 7:11 AM "Running in place," banks are going to need to make more substantial cost reductions if they want to bring ROEs back to palatable levels, according to McKinsey's annual review of the industry. Look at industries like autos or telecoms that have had to go through this, says McKinsey's Toos Daruvala, and they managed to cut costs by more than 30%. Comment! [Financials]
- Saturday, October 6, 2012, 9:00 AM The financial (XLF) and healthcare (XLV) sectors were the big winners this week, both adding to their gains relative to the S&P YTD. Another YTD outperformer, tech (XLK) combined with energy (XLE) to be the weakest sectors this week as both Apple (post-iPhone 5) and oil (post-QE∞) can't shake their hangovers. The defensive utility area (XLU) - which had a big (and worrying to some) run from mid-Spring to mid-Summer - continues to lose ground to the broader market. 3 Comments
- Thursday, October 4, 2012, 7:20 AM "We've seen a change in culture under his leadership," says a bank lobbyist of new OCC chief Thomas Curry. Curry promises to end the cozy relationship between banks and their key regulator. The first order of business was the resignation of 19-year veteran bureaucrat Julie Williams, whose main calling card was helping the big banks resist pesky state regulations. 3 Comments [Financials]
- Tuesday, October 2, 2012, 7:05 AM U.S. banks catch an upgrade to Overweight from Credit Suisse, which believes loan growth and asset quality are about to "surprise on the upside." Analysts also contend banks are a leveraged play on the cost of debt and investment grade spreads - which seem too high in the U.S. (huh?) - falling. Among specific picks: JPM, HBAC. 1 Comment [Financials]
- Sunday, September 30, 2012, 10:15 PM "They can't get rid of this rule fast enough," says a bank analyst of the FASB's progress toward eliminating the debt valuation adjustment (DVA) from bank earnings. The rule - which perversely adds to earnings as a bank's credit deteriorates (and subtracts from the bottom line as credit improves) - has been behind big whipsaws in reported numbers in recent quarters (Q3 will be no exception). "(It's) one of the more ridiculous concepts that's ever been invented in accounting," says Jamie Dimon. 9 Comments [Financials]
- Thursday, September 27, 2012, 4:49 PM Housing may help bank profits, but for the big boys, sluggish doesn't begin to describe the capital markets business. Normally running at 2% of global market cap, equity issuance of late has been more like 1%, says Goldman, which isn't expecting a bounce soon. Expect more layoffs in the sector, says Nomura's Glenn Schorr, as recent headcount reductions haven't even come close to matching the slowdown in business. 2 Comments [Financials]
- Thursday, September 27, 2012, 4:41 PM Despite narrowing net interest margins, reported bank profits should still be solid thanks to housing's rebound. Mortgage origination income helps, but the big boost will come from improving credit quality. At 1.66% in Q2, mortgage charge-offs remain nearly triple their 20-year average. Then there's loan reserve releases - mocked by some, they nevertheless are earnings that boost capital (maybe allowing bumps in dividends and share repurchases). 2 Comments [U.S. Economy, Financials]
- Thursday, September 13, 2012, 12:18 PM Citigroup (C) has a credit card business worth $60B by itself, yet the entire bank is valued at $97B, says former Morgan Stanley CEO Phil Purcell (who spun off Discover during his reign), again making the case for breaking up the big banks. If banks are going to trade at half of book, but have business lines that would fetch 2-3X book, it's a no-brainer. "The shareholder is getting cheated." 5 Comments [Financials]
- Tuesday, September 11, 2012, 11:18 AM Trading at 11X 2014 EPS with weak revenue prospects and slim net interest margins, regional banks are modestly expensive, says Credit Suisse. Regions Financial (RF) and Huntington Bancshares (HBAN), however, both trade at significant valuation discounts to their peers and possibly with positive catalysts ahead. Chart: KRE vs. XLF and SPY over the last year. 3 Comments [Financials, Quick Ideas]
- Monday, September 10, 2012, 3:03 PM More on Goldman's bank call: Banks need a "Plan B," says the Goldman team. Citigroup (C): Spin off North American real estate assets and write off deferred tax assets. Morgan Stanley (MS): Reduce fixed income assets and use the capital to buy back shares. BofA (BAC), Regions (RF), Zion (ZION), KeyCorp (KEY) - more of the same. Growth isn't there, so cut costs, sell off certain divisions, return capital to shareholders. Comment! [Financials]
- Monday, September 10, 2012, 11:45 AM In conflict with its own management team, Goldman analysts conclude structural, not cyclical factors are behind the poor performance of the U.S. banking sector. More than half of the top 25 U.S. banks aren't earning enough to cover their cost of capital, says the team, which recommends the big players improve returns by shrinking business lines and instead using the money to buy back shares. 8 Comments [Financials]
- Friday, September 7, 2012, 5:19 PM Big bank stocks have been on a tear, but a JMP Securities analyst says investors should take profits now, calling the rally unwarranted. The ECB's new plan likely won't have much effect, he says, since it only addresses high borrowing costs for Spain and Italy and doesn’t tackle other issues like Greece. A Greek collapse isn’t being priced in, he says; if it happens, big bank stocks "will fall dramatically." 7 Comments [Financials, Quick Ideas]
-
x oil -field
Soaring U.S. energy supplies throwing cold water on crude price,leaving it out of rally in risk-sensitive assets. http://bit.ly/16Afpti $XLF - View all 3 replies
-
REIT: with a press of a button and not based on demand or weather like many think -
REIT: so its required for now to have lower prices to support the rally
-
ONeil Trader
Is this the beginning of a correction? http://goo.gl/BnIyu $SPY $IWM $XLF $XLU $TLT $EEM - View all 0 replies
-
- View all 0 replies
-
- View all 0 replies
-
x oil -field
Princeton mom: Women have a 'shelf life' $XLF http://cnnmon.ie/Z3NY4D CNNMONEY I believe this can cut both ways.JMO - View all 0 replies
-
- View all 0 replies
-
x oil -field
ECRI's 'Recession' Indicator: Unchanged From Last Week. $GLD http://seekingalpha.com/a/s35p $XLF by:SA Doug Short - View all 7 replies
-
-
x oil -field: $GOLD 1,548.ish http://bit.ly/nXGqkT @MI *Reports Zombie's in the Str. http://bit.ly/Whn92u you still have time to buy $GLD papier-mâché.
-
x oil -field
Bloomberg: Cypriot Lawmaker Sees No Need to Close Accounts. http://bloom.bg/10gJA3b $XLF - View all 5 replies
-
x oil -field: .. would [read] play-out on the grand global community screen.
-
x oil -field: Merkel played ''the villain'' other movie extras helped put on the show,now we investor-gamblers can move to next Mfg.drama BTD opportunity.
-
x oil -field
EUR/USD (€) C-(1.28|00) http://bit.ly/nXGqkT http://bit.ly/X8QSGf investing.com $XLF L-(1.27|50) http://bit.ly/ZQvRT4 Trending Lower - View all 0 replies
-
- View all 1 replies
-
realornot: Expect the whales are going take money and run. Rather take their losses.
LATEST REPLIES
-
- View all 4 replies
-
-
x oil -field: MarketWatch: $GOLD Time to get worried? Or greedy? http://bit.ly/155xK0u $GLD http://bit.ly/VKmsyr
-
x oil -field
Bloomberg: SAC's Cohen May Face SEC Suit as Deposition Hurts Case. $XLF http://bloom.bg/132Pds3 - View all 1 replies
-
x oil -field: Bloomberg: $BHP Names Mackenzie to Succeed Kloppers as Profit Declines. http://bloom.bg/Zqd1VU
-
x oil -field
Bloomberg: Martin Zweig, Who Predicted 1987 Market Crash, Dies at 70. http://bloom.bg/YEmKlo $XLF - View all 3 replies
-
Perkins Cove: I liked him. He owned Marilyns dress x oil. Did you know that?....http://buswk.co/132cVEF -
x oil -field: I remember he had a kind reassuring voice, @Perkins no,was not aware of the Marilyn connection.
-
x oil -field
CBS: Deadline looming, Obama urging Congress to deal with budget cuts. http://cbsn.ws/11SCIQg $XLF - View all 2 replies
-
x oil -field: [The White House Mr. Obama will emphasize the potential negative effects of the so-called sequester.] My call there will not be a sequester.
-
x oil -field: The only way GOP can even think about regaining White House in 2016 is to get on board with current POTUS ''just saying no won't cut it''.
-
x oil -field
Mr.Obama challenges GOP, presses big agenda at State of the Union. $TVIX $XLF http://nbcnews.to/YWvllx $UVXY - View all 7 replies
-
x oil -field: The President of the U.S.A. added in his address to the Nation, [there is no need to Mfg. new fear,there's no need to fear your own shadow.]
-
x oil -field: WASHINGTON-President Obama called for quick congressional action designed to grow U.S. economy, create jobs - make America a magnet for Mfg.
-
x oil -field
Calls for Cheap Euro: ECB Caught in Currency Crossfire. $GLD http://bit.ly/XEKPHJ // http://bit.ly/YqZ9V6 Spiegel $XLF - View all 1 replies
-
x oil -field: WSJ: Dutch State Secretary: Politicians Should Leave Exchange Rates to Markets. http://bit.ly/126Mf5s $XLF
-
x oil -field
Euro takes a mini-header as Bild reports ECB worried euro's strength will hurt the recovery in EU periphery. $FXE http://bit.ly/XzSUO7 $XLF - View all 4 replies
-
x oil -field: Reuters: EU G20 set to dilute big powers' demands on currencies. http://reut.rs/XfbtKa
-
x oil -field: MOSCOW--Agreement the Group of 20 industrial and developing nations reached on currency policies should help calm foreign-exchange markets.
-
x oil -field
MarketWatch: Dollar $UUP rises against yen, other major rivals. $XLF http://bit.ly/Wew1lQ - View all 2 replies
-
x oil -field: $GOLD ''bugs'' hit on worry of possible G-7 currency salvo. MarketWatch $GLD http://bit.ly/Vb9Lty
-
x oil -field: NASDAQ: EU - German Fin Min Denies Germany Isolated At G-20 on Debt Reduction Issue. http://bit.ly/XfYIwX
-
x oil -field
Small-business owners' confidence was flat in Jan. entrepreneurs failed to recoup losses sparked by scare,the so-called "fiscal cliff." $XLF - View all 1 replies
-
-
x oil -field
Bloomberg: EU Said to Waive Spain's Bailout Pledge on Bank Risk Controls. http://bloom.bg/12m0miK $XLF - View all 3 replies
-
x oil -field: Dutch State Secretary: Politicians Should Leave Exchange Rates to Markets Last update: 2/11/2013 8:01AM Dow Jones Newswires
-
x oil -field: WSJ: Dutch State Secretary: Politicians Should Leave Exchange Rates to Markets. http://on.wsj.com/126Mf5s
-
x oil -field
Bloomberg: Mr.Obama Poised to Skirt Congress to Seal Legacy in New Term Agenda. http://bloom.bg/VOSNUz $XLF - View all 25 replies
-
x oil -field: ..in a manner that will lead ''we the people'' to great prosperity and safe calm harbours,''together we the people shall overcome.'' JMHO
-
-
x oil -field
$INR Rupee (₹) Declines to This Month's Low on Speculation Inflows Slowed. http://bloom.bg/155arVt Bloomberg $XLF - View all 1 replies
-
x oil -field: Just think you still have time before the open to buy the so-called fear insurance stinkers $TVIX and t-papier $UVXY.
-
x oil -field
Weighing The Week Ahead: Any Hope For A Budget Compromise? Feb.10, by: Jeff Miller. $DIA $IWM $QQQ $SPY http://bit.ly/Z32cJb $XLF - View all 7 replies
-
Perkins Cove: Interesting comment by Jeff in his "Final thought", regarding Ben Franklin and "compromise". We have lost a lot of ground (cont)
-
Perkins Cove: cont...when it comes to compromise. Ideology has taken over...and the filibuster. Sad. How much more we COULD be. Thanks again x oil.
-
x oil -field
France, Germany both right in euro disagreement: Currency too strong for Paris,not strong enough for Berlin. $XLF http://bit.ly/VNoNbD - View all 1 replies
-
x oil -field: $OIL Exports Trim U.S. Deficit as Fuel Gap Shrinks: Economy. $GOLD'en http://bloom.bg/XkSgaS Bloomberg $TVIX
-
x oil -field
Can The Stock Market Continue To Go Up When The Middle Class Is Suffering? Feb. 8, by:Martin Lowy. $AAPL $HCSG http://bit.ly/12bfHCN $XLF - View all 3 replies
-
x oil -field: And Mit Mit1% visited from the FOX entertainment stage togive a lending hand in the fine art of the-take financial redistribution of wealth.
-
x oil -field: I read a gold article last week and martians visited,in Mr.Lowy's article water buffalo are showing-up in the replies! http://bit.ly/UOV9m3