SPDR Select Sector Fund - Finan
Investment Thesis
XLF has established a clear uptrend with new cycle highs at $54.95, supported by strong YTD performance of 13.44% and positive momentum across all timeframes. The financial sector is benefiting from robust capital markets activity and strong earnings from major Canadian banks, while trading at technically sound levels with defined support. The sector offers a defensive rotation opportunity as AI infrastructure concerns create uncertainty in tech valuations.
Why It May Work
Why It May Not Work
Timeline
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