Thursday, January 15, 2009

Financials SPDR (XLF) Drops Below 10.00

XLF, the widely-followed financial sector ETF, dropped below 10.00 a few minutes ago for only the third day in its trading history.

Not only have financials been the weakest sector of 2009 so far, but their continued weakness will only raise more concerns about the structural integrity of the financial system.

Given the weakness in financials, I am surprised equities are not lower and VIX higher at this stage.

[source: International Securities Exchange]

3 comments:

Anonymous said...

Bill - I'm new at trading options and have been following your posts with great interest. My analysis methods are still crude, however, what software package do you use to show stock price and underlying volatility (screen capture shown in latest post?)

Anonymous said...

Your style is unique in comρarіѕon
to оther fοlkѕ I have гeaԁ
stuff from. Thanκ you for ρosting when you've got the opportunity, Guess I'll just
bοοk mаrk this web sіte.


Look into my web ρage: bucket truck
Here is my website used bucket trucks for sale

Anonymous said...

І love reading thrоugh a pοst thаt will make men and wоmen think.

Also, thаnkѕ foг permittіng me to commеnt!


Feеl free to surf to mу web ѕіte:
dallas car insurance
Visit my blog - cheap auto insurance dallas

DISCLAIMER: "VIX®" is a trademark of Chicago Board Options Exchange, Incorporated. Chicago Board Options Exchange, Incorporated is not affiliated with this website or this website's owner's or operators. CBOE assumes no responsibility for the accuracy or completeness or any other aspect of any content posted on this website by its operator or any third party. All content on this site is provided for informational and entertainment purposes only and is not intended as advice to buy or sell any securities. Stocks are difficult to trade; options are even harder. When it comes to VIX derivatives, don't fall into the trap of thinking that just because you can ride a horse, you can ride an alligator. Please do your own homework and accept full responsibility for any investment decisions you make. No content on this site can be used for commercial purposes without the prior written permission of the author. Copyright © 2007-2023 Bill Luby. All rights reserved.
 
Web Analytics