I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
On Thursday, I focused on the Financial Select Sector SPDR Fund (NYSEArca: XLF). Once falling behind the broader markets, the financials sector is strengthening and looks relatively cheap.
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Full disclosure: Tom Lydon’s clients own shares of XLF.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.