Wall Street offered a moderate-to-downbeat performance last week with the key U.S. equity gauges returning in the range of down 1.24% to up 0.1%.
March was a month of sharp bond and stock volatility triggered by the bank crisis. Yet, the major indices ended the month in green.
Inverse ETFs surged yesterday despite the Fed's less-hawkish tone. Yellen's testimony probably have triggered the market selloffs.
Despite the ongoing banking crisis, leveraged cryptocurrency, gold mining and FANG+ ETFs gained last week.
Given the half-million outflow and deteriorating fundamentals, the appeal for financial ETFs, especially banks, has dulled. As a result, investors bearish on the sector right now may want to consider a...
Last week was the worst for Wall Street this year as bank shares caused a catastrophe in the market after SVB Financials' efforts to raise capital triggered concerns about the sector's health.
Financial sector has underperformed last week on mixed earnings.
We have concerns like a worsening COVID situation in China, high inflation in the United States, slowdown fears both in the United States and Euro zone as well as looming rate hikes by the ECB.
Wall Street was downbeat last week, with losses seen in all major indexes
BMO REX MicroSectors FANG+ Index -3X Inverse Leverege, Direxion Daily Semiconductor Bear 3x, Daily Dow Jones Internet Bear 3X, MicroSectors U.S. Big Banks Index -3X and Direxion Daily S&P Biotech Bear...