I’m closely watching the Financial sector. So far in 2010, stocks in this industry have disappointed, relative strength vs. the S&P has been on a constant decline.There are some chances this trend could reverse, which would prompt me to invest into this sector. Fundamentals are improving: steep yield curve and the outlook for reestablishment of dividends by the big banks in 2011 could improve stock performance.
Looking at the overall sector by charting XLF, we can see that Financials might be at a turning point since they have been acting strong in the last two weeks:
However, some of the sub-sectors already performed the turn and actually developed some decent industry leadership. Regional banks and Broker/Dealers started to show strength in recent months:
[[T_F]]Data Leak Prevention – Data Security Solutions – Information Theft Protection, Detection and Prevention Software Productstracefusion_signature=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[[T_F]]
A young and savvy, yet experienced and accomplished investments mogul since ‘01; Michael has amassed a fortune as a private self investor. Recently starting his own successful blog and turning it in to a corporation — MIV Investments Inc., a company offering advice to thousands of people worldwide and attracting contracts from various reputable sources. His articles and publications have been linked to Forbes, CNN Money, Reuters, Bloomberg, and many other top worldwide mainstream media sources.
Michael Vlaicu
