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Bank ETF On Course For Biggest Week In Over A Year

TedTed
in The Bullpen
FYI: Banks stocks are having their best week in a long, long time.

The $2.3 billion SPDR S&P Bank ETF (KBE) jumped 7.2% this week. Should those gains hold (KBE fell 0.2% on Friday), it would be the biggest weekly advance for the bank ETF since February 2015. The Financial Select Sector SPDR ETF (XLF) is up 4.1% this week, better than the other groups on the S&P 500.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2016/04/15/bank-etf-on-course-for-biggest-week-in-over-a-year/tab/print/
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