Financial ETF Testing Previous Highs, Potentially Breaking Out
May 20, 2015 at 15:17 PM EDT
Financial stocks and sector-related exchange traded funds are beginning to outpace the broader equities market and is now testing a resistance level. The Financial Select Sector SPDR (NYSEArca: XLF) has pulled ahead of the broader market, rising 3.5% over the past month and 3.4% over the past three...