Friday, February 1, 2008

Top 25: #11 XLF

XLF 29.14 +0.86 (+3.1%)
50-day SMA: 28.65 | 100-day SMA: 30.89 | 200-day SMA: 33.13
Yes, the Financial Select Sector SPDR on the Amex. I have never liked financials in this market with the exception of Teflon King Goldman Sachs. But with the Fed's drastic move, the XLF is due to rise in a big way. At 29, still cheap but the recent run-up begs for patience.

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