Traders Turn Bearish on a Big Bank ETF
This article was originally published on ETFTrends.com.
Some traders are getting bearish on financial services stocks and the related exchange traded funds. The Financial Select Sector SPDR (NYSEArca: XLF), the largest ETF tracking the sector, is lower on a quarterly basis and looks poised to finish May with a monthly loss. Earlier this year, financials were also propped up by a rise [...]