Financials & XLF May Have Further to Run

Financials on Monday responded positively, as expected, to the prospect of tax reform legislation, with names like Bank of America Corporation (BAC), Citigroup Inc. (C) and JPMorgan Chase & Co. (JPM) all gapping up on the open, following by higher closes of between 2 and 3.5 percent. The Financial Select Sector SPDR ETF (XLF) surged […]
Slope of Hope