US Financial and Utility Sectors Long

3 בספט׳ 2020

SPXXLFXLU

Possible growth potential for both XLF and XLU. The greatest deviation between XLF / XLU and S&P 500 before the market drop was ~5%, currently, both sectors are yet to fully recover following the overall trend of the SPX index, looking at an approximate 17% and 14% gain for XLF and XLU respectively in the next 6-8 months.

Supported with the indication of no rate changes proposed by the FED.