XLF and Q2 Earnings
Q2 Earnings season is starting in Monday, July 11th with major financial institutions reporting.
Financials are projected to do slightly better then the previous quarter and may offer good upside potential.
From a fundamental standpoint, most financials are undervalued when taking into account future interest rates.
If "Market Stabilization" occurs in Q2 or Q3, further revenue and earnings growth is expected from Trading Revenue.
Technical Analysis showing resistance points after a break through the strong trend ling.
Financials are projected to do slightly better then the previous quarter and may offer good upside potential.
From a fundamental standpoint, most financials are undervalued when taking into account future interest rates.
If "Market Stabilization" occurs in Q2 or Q3, further revenue and earnings growth is expected from Trading Revenue.
Technical Analysis showing resistance points after a break through the strong trend ling.
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