Tiger, I am truly puzzled when it comes to the current performance of financial stocks in this rising rate environment. The stocks in XLF:
AET,AFS,AGC,AIG,ALL,AOC,AXP,BAC,BBT,BEN,BK,BKB,BSC,BT,C,CB,CCR,CI, CINF,CMA,CMB,CNC,COF,FITB,FLT,FNM,FRE,FTU,GDW,HBAN,HI,HIG,JP,JPM,KEY, KRB,LEH,LNC,LTR,MBI,MEL,MER,MMC,MTG,MTL,MWD,NCC,NTRS,ONE,PGR,PNC,PVN,
PVT,RGBK,RNB,SAFC,SAI,SCH,SLM,SPC,STI,STT,SUB,TA,TMK,UNM,UPC,USB,WB, WFC,WM
XLF is up over 9% in the last 3 weeks. Rising rates already discounted? Not likely. Hopefully someone on this thread can shed some light on this puzzle.
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