The two biggest railway companies in the US on Thursday unveiled results badly affected by declining demand for coal, consumer products and the problems of the US industrial sector.
CHICAGO (Reuters) – This week’s decline in U.S. stocks has prompted institutional option traders to position for a more substantial pullback in exchange-traded funds covering the consumer, materials, banks and retail sectors.
sell KBW Bank ETF (KBE)
Jan. 22 (Bloomberg) — Meredith Whitney, the banking analyst who forecast Citigroup Inc.’s dividend cut in 2008, said plans to limit risk-taking at financial companies will probably be approved and may “dramatically” reduce trading profits.
sell SPDR-Financial (XLF)
SGF December Monthly Update
buy Singapore Fund (SGF);