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Financial Stocks Struggle

Posted, by inthemoneystocks on June 4th, 2012

One sector that will tell the tale of the market is the financial sector. This morning, all of the leading financial stocks are coming under early selling pressure. When the financial stocks decline it is very difficult for the major stock indexes to stage any kind of meaningful bounce. Today, the Financial Select Sector SPDR (ETF) (NYSEARCA:XLF) is trading lower by 0.09 cents to $13.41 a share. 

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Authored by, inthemoneystocks
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BAC | BLK | GS | JPM | XLF
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Investment Ideas, xlf, GS, BAC, BLK, JPM
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