- Jun 18, 2021
Financial sector (#XLF): A promising seasonality
The US financial services sector is having a strong bearish June: the main ETF #XLF, or the Financial Select Sector SPDR Fund, in fact decreased by almost 7% from the highs of the beginning of the month. Even worse have done some stocks with major retracements from May highs: Allstate Corporation (#ALL) -10%, JP Morgan Chase (#JPM) -10%, Citigroup (#C) -15%, Regions Financials Corporation ( #RF) -17% and Huntingon Bancshares (#HBAN) -20% just to name a few. Bullish opinion: t
- Feb 10, 2021
Fundamental Analysis: ALLSTATE (#ALL)
The Allstate Corporation is an American insurance company, headquartered in Northfield Township, Illinois, near Northbrook since 1967. Founded in 1931 as part of Sears, Roebuck and Co., it was spun off in 1993. The company also has personal lines insurance operations in Canada.j 💡Allstate #ALL insurance company receives a “buy” rating from analysts after the takeover and sale of a number of companies. J.P. Morgan believes Allstate has significant growth potential and an acce