Bryan Leighton's Blog Posts Tagged 'XLF' (36)

Financial Stocks Keep Markets From Coming Unglued

This morning, all of the leading financial stocks are catching a bid higher. This move in the financial stocks comes despite the sharp sell off in the overnight trading session in the futures market. The most important financial stock that any trader can follow is J.P. Morgan Chase & Co (NYSE:JPM). Today, JPM stock is trading higher by 0.25 cents to $42.00 a share. It should be known by almost every trader and investor by now that JPM is a stock that should be treated as a stock…

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Added by Bryan Leighton on May 7, 2012 at 10:48am — No Comments

Financial Stocks Are Weak Early

This morning, all of the leading financial stocks are declining lower. J.P. Morgan Chase & Co (NYSE:JPM) is considered the most important financial stock in the United States. This stock will often lead the major stock market indexes. Today JPM stock is trading lower by 0.39 cents to $43.40 a share. Short term traders should watch for intra-day support around the $43.15 and and $42.64 levels. The daily chart will still have support around the $41.00 level.…



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Added by Bryan Leighton on April 27, 2012 at 10:47am — No Comments

The Only Financial Stock That Matters

In 2012, the financial stocks have lead the stock markets higher. Most of the leading stocks in the financial sector still remain in a daily uptrend. This is very evident when traders are viewing the Financial Select Sector SPDR (ETF) (NYSEARCA:XLF). The XLF is clearly trading above the 50, and 200 daily chart moving averages at this time. While the overall sector still remains strong there is just one leading stock in the financial sector that traders should follow, it is J.P. Morgan…

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Added by Bryan Leighton on April 5, 2012 at 11:03am — No Comments

Too Big To Fail Is Too Big To Fall

This afternoon, all of the large major bank stocks are holding up despite the sharp decline in the major stock indexes. Leading bank stocks such as JPMorgan Chase & Co. (NYSE:JPM), Citigroup Inc. (NYSE:C), Bank of America Corp (NYSE:BAC), and Wells Fargo & Company (NYSE:WFC) are actually trading positive today by a few pennies. If these recent market leaders were trading lower on the session the major stock indexes would certainly be much worse today. The large financial stocks…

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Added by Bryan Leighton on March 28, 2012 at 3:49pm — No Comments

Financial Stocks Must Be Watched Closely

Everyone in the financial media is raving over the higher interest rates in the bond market. Most talking heads on the cable news channels are talking about how the steeper yield curve is beneficial for the large bank stocks. There is a case that the large bank stocks can charge higher interest on their loans and make more money. Do banks make many loans these days. It seems that the large banks are still very content hoarding cash as they continue to borrow money from the Federal…

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Added by Bryan Leighton on March 19, 2012 at 4:06pm — No Comments

Financial Stocks Start Lower

This morning, all of the leading financial stocks are struggling to catch a bid higher. The Financial Select Sector SPDR ETF (NYSEARCA:XLF) is trading lower by 0.05 cents to $14.85 a share. Traders should watch for intra-day support around the $14.75, and $14.60 levels. The daily chart of the XLF remains in an uptrend and above of the important moving averages.



Some leading financial stocks that are seeing early selling pressure include J.P. Morgan Chase & Co…

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Added by Bryan Leighton on March 12, 2012 at 10:14am — No Comments

Financials Could Signal There Is A Chink In The Armour

The financial stocks have now lead the major stock indexes higher since late November 2011. Traders and investors that have followed the financial sector very closely know that every crisis over the past five years has been a banking crisis. Even today, the problems in the European Union are simply just more banking problems. This afternoon, the financial stocks are all trading slightly lower on the day. The popular and highly traded Financial Select Sector…

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Added by Bryan Leighton on February 22, 2012 at 4:00pm — No Comments

Financial Stocks Dip Early, Watch These Levels

J.P. Morgan Chase & Co (NYSE:JPM) is considered the leading financial stock in the United States and possibly the world. This morning, JPM is coming under some early selling pressure. This important financial stock is trading lower by 0.42 to $37.72 a share. Short term traders can watch for intra-day support around the $37.55, and $37.40 areas. The daily chart of JPM is still very strong and the stock remains in an uptrend.



Some other leading financial…

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Added by Bryan Leighton on February 7, 2012 at 10:22am — No Comments

Financial Stocks Hold All The Cards

The leading financial stocks have been rallying higher since late November 2011. Many traders have discovered that J.P. Morgan Chase & Co (NYSE:JPM) seems to be the most important financial stock in the market at this time. This stock remains very strong on the daily chart. JPM stock is trading above the important daily chart 50, and 200 moving averages which signals strength in the near term. Traders must watch the big resistance levels that will approach around the $40.00 area.…

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Added by Bryan Leighton on February 2, 2012 at 11:08am — No Comments

Financial Stocks Are Dipping Early

This morning, the leading financial stocks are coming under some early selling pressure. Since December 19, 2011 nearly every morning decline in the financial stocks has been bought in the latter part of the trading day. Last night, President Obama said that the banks would not be bailed out again and they would not be allowed to gamble the way they have in the past. This statement by President Obama could be having a negative effect on the financial stocks today.…



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Added by Bryan Leighton on January 25, 2012 at 10:19am — No Comments

Forget Supply And Demand, Trade The Central Banks

Does supply and demand even matter any longer? Just think about it for a minute, it is really the central bank's policy that really moves the market. Just look at Alcoa (NYSE:AA) today, the company missed its earnings estimate and the stock is still inflating higher after the Chinese government basically said that they will push investors to buy stocks. This stuff can't be made up. This action by the Chinese government comes as the Shanghai Index was plummeting throughout most of 2011.…

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Added by Bryan Leighton on January 10, 2012 at 10:56am — No Comments

The One Financial Stock That Everyone Should Follow

Since late 2007, it is the large financial stocks that have moved the major stocks market indexes higher and lower. Traders and investors must remember that the problems facing the economy have been in the banking and financial sectors. The one financial stock that everyone must follow extremely close is J.P. Morgan Chase & Co (NYSE:JPM).



J.P. Morgan stock is probably the most important stock that anyone could follow at this time. This stock is one of the…

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Added by Bryan Leighton on January 9, 2012 at 10:27am — No Comments

Financials Catch Morning Bid, Can It Last?

This morning, all of the leading financial stocks are trading higher. When the financial stocks rally it is usually a good sign that the major stock market indexes will hold up. Traders should follow Financial Select Sector SPDR (NYSE:XLF) closely. The XLF has started higher by 0.16 cents to $12.73 a share. Short term traders should watch for intra-day resistance around the $12.75, and $12.90 levels. If the XLF starts to retreat from the morning highs it is a good chance that the stock…

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Added by Bryan Leighton on December 15, 2011 at 10:34am — No Comments

The Bernank Is On Deck

This afternoon, the Federal Open Market Committee (FOMC) will announce there interest rate policy statement. Most traders and investors are expecting the Federal Reserve to keep the Fed funds rate (overnight lending rate to the large banks) at zero percent. It is important to note that the Fed funds rate has been at zero percent since December 2008. Many investors are waiting to hear if the Federal Reserve Chairman Ben Bernanke mentions another plan to implement QE-3. While this action…

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Added by Bryan Leighton on December 13, 2011 at 11:07am — No Comments

Financial Stocks Slide Early

This morning, most of the leading financial stocks are coming under some early selling pressure. The Financial Select SPDR ETF (NYSE:XLF) is trading lower by 0.08 cents to $13.08 a share. Traders can watch for some intra-day support around the $12.90, and $12.70 levels. The daily chart of the XLF is also due for a pullback or some consolidation after surging higher by more than 10.0 percent over the past week.  



Some of the leading financial stocks that are…

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Added by Bryan Leighton on December 6, 2011 at 10:15am — No Comments

Financial Stocks Jump Out Of the Gate

This morning, all of the leading financial stocks are trading sharply higher. This sector is extremely important for all traders to follow on a daily basis. When the financial stocks rally it is usually a good sign that the major stock indexes will hold up. Since the November 28, 2011 pivot low the stock markets have rallied higher by 8.0 percent. This is a huge move in such a short period of time and the rally has been led by the large financial stocks.



The…

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Added by Bryan Leighton on December 2, 2011 at 10:27am — No Comments

Expect The Wild Swings To Continue

This morning, the major stock indexes are trading sharply higher. The 150.0 point rebound in the Dow Jones Industrial Average comes after yesterday's bloodbath decline in all of the major stock market indexes. The daily moves in the stock market have been very dramatic with wide range swings. One day risk is on and the next day risk is off. The trend since August 2011 has been very choppy and sideways. Is there so much uncertainty that traders and investors are not willing to commit…

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Added by Bryan Leighton on November 2, 2011 at 10:38am — No Comments

Financial Stocks Look Like Zombies Today

Last week, every talking head in the financial media was falling in love with the leading financial stocks again, however, today these institutions look more like a zombie institution.



Morgan Stanley (NYSE:MS) was last week's big winner. Today MS stock is declining lower by $1.34 to $17.98 a share. This is a 7.0 percent decline for the financial giant. Many traders and investors believe that MS has a decent amount of exposure to the European debt market. MS…

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Added by Bryan Leighton on October 31, 2011 at 3:41pm — No Comments

The Only Chart That Holds Water

Traders can easily see how quickly this rally ended as soon as the U.S. Dollar Index(DXY) took off to the upside. The news out of Europe is being released fast and furious, however, traders should simply keep their eye on the U.S. Dollar Index chart. The leading financial stocks are still positive on the trading session, while J.P. Morgan Chase & Co (NYSE:JPM) has declined sharply from the morning highs. If the financial stocks fail to hold up these markets could see a much sharper…

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Added by Bryan Leighton on October 26, 2011 at 11:46am — No Comments

Big Banks Rally Again, How Much Is Left In This Group?

This morning, the large financial stocks that are considered too big to fail are staging another rally. This group of leading stocks have lead the major stock market indexes over the past five years. Earlier today, Morgan Stanley (NYSE:MS) reported earnings. The stock is trading higher by 0.72 cents to $17.38 a share. MS stock has a lot of daily chart resistance around the $17.50 - $18.00 area. As long as the financial stocks continue to trade higher the major stock indexes are likely…

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Added by Bryan Leighton on October 19, 2011 at 11:24am — No Comments

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