Last week was active for big bank earnings and this week will be just as busy as a slew of brokerage firms and regional banks report. For the former group, the SPDR S&P Capital Markets ETF (NYSEArca: KCE) and the iShares US Broker-Dealers ETF (NYSEArca: IAI) see sizable portions of their respective weights report. [Be a Wall Street King With These ETFs]
A dizzying number of regional banks report this week and that could prove meaningful for the SPDR S&P Regional Banking ETF (NYSEArca: KRE) and the PowerShares KBW Regional Banking Portfolio (NYSEArca: KBWR).
Do not overlook the iShares U.S. Medical Devices ETF (NYSEArca: IHI). On Wednesday alone, over 20% of IHI’s reports when Abbott Labs (NYSE: ABT), Stryker (NYSE: SYK) and St. Jude (NYSE: STJ) deliver results. Baxter (NYSE: BAX) and Intuitve Surgical (NasdaqGM: ISRG) follow on Thursday while Covidien reports on Friday. That trio represents about 17.5% of IHI’s weight.
SPDR Dow Jones Industrial Average ETF
Tom Lydon’s clients own shares of KRE and P&G.