Thursday, March 20, 2008

Financial Stocks

There's been a lot of talk this week about the possibility that the financial stocks have finally found a bottom. That may be true, but a look at the charts tells me that it is far from clear that the sector is ready for investment.

US Broker Dealer ETF

US Insurance ETF

US Regional Bank ETF

US Financial Sector ETF

US Financial Services ETF

It is possible that the bottom is in but these are not pretty charts. Caveat Emptor.

1 comment:

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