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KBE

Banks vs Utilities Holding UpUpdates coming from the previous "Banks Look Cheap vs Utilities" chart. For those who don't remember here are the flows we have been tracking: Now it is clear US 10-year Yields are starting to withdraw again, although this time Banks vs Utilities are less affected. I have been talking with clients recently around this space and there is broadly no concern. Valuations in Banks remain supportive and as long as the trend remains in tact there is little to concern, however as we enter into a weaker than expected end of year outlook for US Equities I am updating the Outlook: Outlooks changed from Buy to Neutral, any weakness in banks is actionable in my opinion. As always keep the comments and questions coming, please like if the ideas are helping and any feedback is welcomed! Thanks
AMEX:KBE
by ridethepig
Good investing opportunity on the U.S. banking sector.The KBE ETF, which tracks an equal-weighted index of U.S. banking stocks, has been rising on a very steady 1M Channel Up since the 2008 financial crisis and has recently rebounded on the latest Higher Low (RSI = 50.776, MACD = 0.640, Highs/Lows = 0.0000). This presents a good buy opportunity on banking stocks, which are expected to outperform the market in the coming years. Our long term target is 52.00 with 60.45 in extension.
AMEX:KBELong
by InvestingScope
1
winners and losers X-rayWe can see clearly in this x-ray of the major index of USA there is a clear evolution in the last 3 months, you can clearly identify two sides, One that of the winners, made up of sectors such as;; Kie ( insurers ) / ITA ( defense, aerospace ) / splrct ( tech s&p 500 ) , . and on the other , you can see the side of the losers, :: made up of sectors of :: kbe ( bank ) / xbi ( biotech ) / xrt ( retail ) / xsd ( semiconductors ) // clearly there is a separation between sectors. ¡¡ whose benefits are positive, // and other sectors whose benefits are Not positive. take note about it.
SP:S5INFT
by ManuelRodriguez