BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Insurers poised for a bounce relative to banks?]]>http://www.bloggingstocks.com/2008/02/04/insurers-poised-for-a-bounce-relative-to-banks/http://www.bloggingstocks.com/2008/02/04/insurers-poised-for-a-bounce-relative-to-banks/http://www.bloggingstocks.com/2008/02/04/insurers-poised-for-a-bounce-relative-to-banks/#commentsFiled under: , , , , ,

Many financial stocks have been on a tear since the Federal Reserve's surprise 75-basis point inter-meeting rate cut on January 22. For example, the KBW Bank Index -- which has an equivalent exchange-traded fund, the KBW Bank ETF (AMEX: KBE) -- has rallied 16.1%, beating the S&P 500 index by more than 10 percentage points.

Yet not all financial sub-groups have kept pace with the banks. For instance, after performing well in relative terms during the fourth quarter, insurers have stalled, with the KBW Insurance Index -- which has an equivalent exchange-traded fund, the KBW Insurance ETF (AMEX: KIE) -- more-or-less tracking the move in the overall market in recent weeks.

Continue reading Insurers poised for a bounce relative to banks?

Insurers poised for a bounce relative to banks? originally appeared on BloggingStocks on Mon, 04 Feb 2008 14:35:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>ETFfeaturedkbeKBW Bank ETFKBW Bank IndexKBW Insurance ETFKBW Insurance IndexKbwBankEtfKbwBankIndexKbwInsuranceEtfKbwInsuranceIndexKIEMon, 04 Feb 2008 14:35:00 EST