I do the “ETF of the Week” for MarketWatch every week on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments among exchange traded funds.
This week, I looked at the SPDR S&P Regional Bank ETF (NYSEarca: KRE). Regional banks may be the biggest benefactor of the Fed move as profits finally begin to nudge up as margins improve in the banking industry.
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.