Tuesday, May 2, 2023

Investor, Financials (XLF) and Fed Funds Rate Fun: Your Guide to Volatility in the Week Ahead

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Free TheoNight Report - for Tuesday, May 2, 2023 by Corey Rosenbloom - Financials (XLF) and Fed Funds Rate Fun: Your Guide to Volatility in the Week Ahead

 

This week is already volatile with an equity sell-off and renewed concerns of regional bank solvency; though the XLF broader financial sector fell over 2% today, we saw sharper selling in the regional banks as seen in KRE (down over 6%) on the same day Oil /CL slid over 5% taking the energy sector XLE mostly down with it. We cover these events, plan the Fed, and highlight upcoming earnings including major market cap leader Apple (AAPL) just around the corner.

 

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Recent Media Appearances by TheoTrade

 

NEW! Black Swan Event Imminent - Jeff Bierman Tells MarketWatch

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U.S. News & World Report - Don Kaufman discusses $JNJ Inflation Protection

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