By: ETF Trends
April 24, 2013 at 14:56 PM EDT
Bank ETFs Look to Reclaim Leadership Role
Financial ETFs outperformed the S&P 500 last year but have cooled a bit so far in 2013 as investors favor more defensive, noncyclical sectors. In bank stocks, the correction from the mid-March highs looks complete, says Investors Intelligence technical analyst Tarquin Coe. “The sector is...
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