FAS the leveraged long financial ETF and FAZ the leveraged short financial ETFs confirm the XLF chart.
FAS goes negative
FAZ goes positive.
This is still early, but may be the start of a bigger move.
Is interest rates about to start going up?
-
Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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