XLF Financials ETF Daily Chart; Bear Market

The XLF, banks, topped out at 30.33 on 1/26/18. A -20% drop is a bear market which is the 24.26 level. The XLF is in a bear market. Humorously, the Wall Street pundits told investors to buy banks and energy stocks with both hands this time last year. Folks lost their shirt. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.