Financial Select Sector SPDR (XLF)

All Comments on XLF

  • commenter
    Aug 30 03:58 PM
    My Website
    Again With the Financials - Fast Money Recap (8/29/08) [view article]
    NatGas stocks or ETF's could be prime during the next couple of weeks. Reply
  • commenter
    Aug 30 02:22 PM
    Energy's Loss Is the Financials' Gain [view article]
    I doubt very many analysts have factored $100 oil into earnings estimates. The last I heard 80 was the norm for earnings predictions. Meanwhile, the Financials have yet to bite the Bullet on the Mark to Market accounting rule by diverting more and more of their Level 2 assets to Level 3. (Mark according to Formula VS Mark to Fantasy)

    Beware of "dead cat bounces" and "falling knives". Instead of wishful Charting do a 5 year chart of the BKX and compare it to XOM for the same period.

    I see a "waterfall" to oblivion and a staircase. Guess which one I am willing to put my money into?

    If you extend BKX and use a 10 year chart, you will also notice that the Banking Sector has broken through ALL levels of support.

    Stockmarkets are heralded as a sure play using a 50 year horizon. Push comes to shove, gold is the only sure play. Thousands of stocks have gone belly up during that span, only the Indexes are around. Meanwhile, Gold would still exist and have value.

    This is the 3rd Federal Reserve in our Nation's history. It won't be the last.
    Reply
  • commenter
    Aug 30 01:52 PM
    Again With the Financials - Fast Money Recap (8/29/08) [view article]
    bullspit long term investing is for suckers, your 401k's are used to provide leverage for the company running them so that they can trade and make money and as long as your long term investment matches the index it mimics then they get bonuses and if you lose ,well then you lose but they always win Reply
  • commenter
    Aug 30 01:52 PM
    The Most Essential Secret to Successful Investing [view article]
    call me tipster notsosmart easier to remember that numbers. Reply
  • Again With the Financials - Fast Money Recap (8/29/08) [view article]
    Long term investing wins every time. Just remember why you married her...I mean bought the stock in the first place. :-) Reply
  • commenter
    Aug 30 12:51 PM
    My Website
    The Most Essential Secret to Successful Investing [view article]
    thanx user 138602 Reply
  • commenter
    Aug 30 12:15 PM
    The Most Essential Secret to Successful Investing [view article]
    like your humour notsosmart but if one day I decide to sell my wife it won t be a short sale it s gone to be a long term investment. By the way I always enjoy your 2 cents on this site.
    tipster
    Reply
  • commenter
    Aug 30 11:52 AM
    My Website
    The Most Essential Secret to Successful Investing [view article]
    can you short sell wife & kids? Reply
  • commenter
    Aug 30 11:16 AM
    Look Out FDIC [view article]
    Actually it's savers that will also foot the bill, as the dollars created to fund these bailouts are not coming from tax revenue but are created by the fed.

    So that $250,000 nest egg you have today may be worth about $50,000 in buying power in a a few years if we keep this up. That kind of loss goes way beyond what you're paying in taxes.
    Reply
  • commenter
    Aug 30 10:43 AM
    Energy's Loss Is the Financials' Gain [view article]
    I hate to keep saying these people are idiots ,but its the only way to describe the author . The financials are losing billions and the energy companies are making billions . What the hell does estimates have to do with anything . Reply
  • commenter
    Aug 30 09:49 AM
    The Most Essential Secret to Successful Investing [view article]
    if you go on Richard Wending s site everything has a SELL recommendation. And if I keep on reading this site one day, I am sure,
    he will recommend that you SELL your wife and your kids.
    Reply
  • commenter
    Aug 30 09:33 AM
    My Website
    The Most Essential Secret to Successful Investing [view article]
    long,short,patience,et... society can survive for too long not producing anything but shuffling papers.the light at the end of the tunnel may be the train coming at you. Reply
  • commenter
    Aug 30 08:47 AM
    Energy's Loss Is the Financials' Gain [view article]
    I'm with Yank. Short financials, long energy. Reply
  • commenter
    Aug 30 12:48 AM
    The Most Essential Secret to Successful Investing [view article]
    And they actually use 2 different indices.. may have some components in common. But not the same...

    SKF
    UltraShort Financials ProShares (the Fund) seeks daily investment results that correspond to twice the inverse daily performance of the Dow Jones U.S. Financials Index (the Index). The Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States-domiciled international banks; full line, life and property and casualty insurance companies; companies that invest directly or indirectly in real estate; diversified financial companies, such as Federal National Mortgage Association, credit card issuers and investment advisers; securities brokers and dealers, including investment banks, merchant banks and online brokers, and publicly traded stock exchanges. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as –200% of the daily return of the Index. The Fund’s investment advisor is ProShare Advisors LLC.

    XLF
    Financial Select Sector SPDR Fund (the Fund) seeks to provide investment results that correspond to the price and yield performance of the Financial Select Sector of the S&P 500 Index (the Index). The Index includes financial service firms with diversified business lines ranging from investment management to commercial and investment banking. The Fund utilizes a passive or indexing investment approach to invest in a portfolio of stocks that seek to replicate the Index. The Fund’s investment advisor is SSgA Funds Management, Inc.
    Reply
  • commenter
    Aug 29 08:44 PM
    My Website
    The Most Essential Secret to Successful Investing [view article]
    I still believe that DD (due diligence) is by far the most important tool for successful investing, but patience to stick with a strategy and remain committed is nearly equal in the same respect. Reply