Financial Select Sector ETF (XLF)

[jablome]

-3.5_yesterday+1.8_today,no oops-big_tyme_playas quite literally"trillions" involved,by march 2019 you will C.

[Leezee Life Strategies]

Oops...

[jablome]

German 10 year spread. .. ..

[jablome]

How_bout_DB_Bank....

[jablome]

anyone_seen_italy_2y_yields....sit back and watch...

[jablome]

Lol bout to be a 7 day weekend...

[Leezee Life Strategies]

Prolly not tho... this just some long weekend shiz

[jablome]

Watch 26$ fall

[Nivea67515]

I like the banks here! Long XLF

[jablome]

hope you get out with a 3 dollar profit.

bout to make #b@nkroll big money.

[Pro-Life]

Are we seeing a head and shoulders? Or just another mirage...

[Pro-Life]

Nothing to see here folks... chart:

[KICK1]

I woke up in #Paris #XLF

[KICK1]

#Tech and #Financials Baby

[KICK1]

LO 10 #XLF @24.99 #FiLLED ... after #BANKROLL BiG MONEYY iLike It!

[KICK1]

I'm just sayin... ;))

[KICK1]

Get in folks! #Spider life! #XLF

[KICK1]

All these dividends and buybacks!

[KICK1]

#XLF Spider life Let's go! #BankRoLL after BankRoLL!!!

[KICK1]

The Sky is the limit!

[KICK1]

Ride! Go #XLF

[KICK1]

# XLF #BreakingNews: Federal Reserve raises rates, plans to reduce balance sheet this year fxn.ws/2s1DRXs @FoxBusiness

[KICK1]

Risk on

[TheWatcher51]

Careful...
It's just a juice for the agenda... gla xlf

[KICK1]

Looking great!

[KICK1]

#BreakingNews: House votes to gut Dodd-Frank @FoxBusiness #XLF

[Pro-Life]

A BTFD moment occurred this morning... LOL!!!

[Pro-Life]

Bearish Momentum Divergences:

H&S confirmed only on break of neckline. Sure looks like it wants to go. $XLF Everyone's favorite sector.

H&S confirmed only on break of neckline. Sure looks like it wants to go. $XLF Everyone's favorite sector. pic.twitter.com/EVi7KfI6ga

— Mark Arbeter, CMT (@MarkArbeter) May 17, 2017

[TREND1]

XLF

[Ijohnrob]

This is set up to explode or implode, right at 2007 high level

[KICK1]

#RidinDirty #XLF #GS G's!

[msmithgold]

Dan Loeb's Thesis for Banks and Financials Equities

Summary of Dan Loeb's Letter

On November 8th, financials portfolio was 4.4% of the fund; one day later, it was 6%; one week later, 10.5%; one month later, 11.8%; reallocated half of initial holdings from high-multiple, FCF businesses in payments, ratings, and P&C (which traditionally outperform during periods of deflation), to more traditional reflationary exposures in banks, brokers, and geographically, in Japan
Some believe rally in financials has been driven by expectations of tax cuts, or potential repeal of Volcker Rule, or reduced compliance costs, or more relaxed capital regulations
These would bring material additional upside to bank stocks but our focus is different: pendulum in monetary policy has begun to shift away from austerity and its limiting factors; bullish for rate-sensitive financials
Rising rates have the obvious benefit of boosting net interest margins but this is particularly true today because banks are sitting on more excess cash and liquidity than ever; rising rates also unlock activity across fixed income trading
As relative policies between countries diverge, currency trading and hedging accelerates
Most will underestimate the significant operating leverage inherent in financials: expanding interest income or more velocity in trading does not require additional technology or more personnel

https://investoralmanac.com/2017/03/01/third-point-4q16-letter-reviewoutlook-financials-equities-credit-cycle/

[KICK1]

#Yellen get money! #XLF

[KICK1]

Big Moneyyy I like it! XLF

[KICK1]

Lovely Day #BankRoll

[KICK1]

Yeah my ni**a we gonna be #RAF #spider Style

[KICK1]

This sector will be #1

[TheWatcher51]

Yeah I agree... I'm short term swing trader by way of options... I try to stay less then three days in a trade... gl Xlf

[KICK1]

You see March coming? Lots of events just a Little tweet can send us one way or another lol

[TheWatcher51]

Ehh... just the dollar... for now...

[KICK1]

2017! XLFfffffffff yeah!

[KICK1]

Hope you're not shorting these days

[KICK1]

It's going up! Way up! And not stopping

[Pro-Life]

Looks undecided about up or down... down is my expectation...

[Pro-Life]

The most bullish sector in the markets recently...ridiculous:

[Pro-Life]

I only sold a portion... time has decayed the value of the rest that I hold... overall losing position... ridiculous in the face of the sector that is to blame for much of the world's economic problems now holding up in the face of the longest losing streak since 1980. A rigged game. Nonsense. A complete farce. Unreal.

[TheWatcher51]

Yeah saw that... So you made out good...? My puts didn't change value... So I'm still sitting on them.... Glty Xlf

[Pro-Life]

U.S. financials ETF investors face tax bill after index revamp
MONEY | Sun Sep 18, 2016 | 12:14pm EDT

http://www.reuters.com/article/us-state-str-etf-tax-idUSKCN11O0NN

By Trevor Hunnicutt | NEW YORK

Investors who own some bank sector funds may be in for an unwanted surprise: a tax bill.

The largest U.S. financials ETF, the $15 billion Financial Select Sector SPDR Fund (XLF), is paying out a large dividend that will be taxable for the fund's investors, according to a company notice distributed to some clients Friday.

The payment brings the fund in line with a new mandate by index firms S&P Dow Jones Indices LLC and MSCI Inc that makes many real-estate investment trusts their own standalone business sector. The REITs were formerly held in financial sector funds, alongside banks, insurers and other related firms.

As a result, financial sector index funds are shedding real-estate assets. The XLF ETF, which owns a real-estate ETF, has said it is now sending its shares of that Real Estate Select Sector SPDR Fund to investors. Fund manager State Street Global Advisors has estimated nearly a fifth of the fund's assets will be paid out in the one-time distribution, scheduled for Thursday.

Some 20 to 30 percent of that payout "is expected to be taxed as ordinary income," State Street said in the notice to clients, a copy of which was seen by Reuters.

Ordinary U.S. income tax rates currently top out at 39.6 percent, higher than the 20 percent maximum "long-term capital gains" rate for many investment profits.

The remaining 70 to 80 percent of the dividend "will be treated as return of capital," and likely not taxed, according to the notice. The figures are an estimate as of Sept. 9 and subject to change, the document said.

State Street did not respond to requests for comment.

ETFs are generally known for offering tax advantages. Unlike mutual funds, they can often swap out securities instead of cash to meet redemptions, sidestepping a taxable transaction in the process.

The full tax hit for index funds from the real-estate sector switch is not yet clear. Some other financials index funds, such as the Vanguard Financials ETF, took a different approach than XLF, selling their real-estate shares without paying a special dividend.

(Reporting by Trevor Hunnicutt; Editing by James Dalgleish)

[Pro-Life]

My puts are banked... BIGLY!!!

[TheWatcher51]

Looks like Xlf did a spin off... Xlf