Rhythm of the Great BearUndead Bear Captain's Log
April 27, 2025
Will make one final attempt to chart and navigate the murky waters of the Great Bear.
XLF may be a good candidate with still distinct waves, like XRT, XLRE and XHB.
All other sectors, especially SPY are skewed by tech, same-day options and basically uncharta
Key stats
About SELECT SECTOR SPDR TRUST
Home page
Inception date
Dec 16, 1998
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
SSgA Funds Management, Inc.
Distributor
ALPS Distributors, Inc.
XLF offers efficient exposure to the heavyweights in the US financials segment. Its cap-weighted, S&P 500-only portfolio means that its concentrated in large banks and avoids small-caps. For many investors and traders, XLF has been the go-to ETF for financials exposure, although there are more comprehensive funds out there for long-term exposure. Note: XLF spun off its real estate exposure in September 2016, consistent with the GICS reclassification that elevated real estate to sector-level status. The change was material: Real estate comprised about 20% of the fund at the time. For each share held, XLF shareholders as of 9/16/16 received 0.139146 shares of XLRE, State Street Global Advisors' real estate ETF. (Immediately prior to the distribution, XLF had swapped its REITs for shares of XLRE.)
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Top 10 holdings
XLF Trade LevelsThe financial sector interests me, especially with an upcoming interest rate meeting, earnings report, and declining consumer sentiment.
Ultimately, I like to swing the Sector ETF's but they also make for affordable day trades!
With XLF being in a tight range on the Weekly+ timeframes, it makes i
XLF Head and Shoulders patternEarlier today I commented not to go long today because XLF hasn't completed it's pattern yet. This is the pattern I was talking abut, H&S on the daily chart. So unless congress does something over the weekend to rescind tariffs, XLF will complete this pattern Monday.
I didn't short it because I e
XLF DaytradingI was way late to the party buying puts today because I thought it'd bounce when my futures indicators hit oversold, but I did catch part of the initial drop, and then re-entered the trade when SPX broke support and financials lagged a bit.
Figured XLF had to also make a new low, and the "h" patter
XLF in Buy ZoneMy trading plan is very simple.
I buy or sell when at three of these events happen:
* Price tags the top or bottom of parallel channel zones
* Money flow spikes beyond it's Bollinger Bands
* Stochastic Momentum Index (SMI) at near oversold overbought level
* Price at Fibonacci levels
So...
Here's
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.