She really said to sell the regional and smaller banks, they'll
be the hardest hit with the double dip in housing. The ETF
for the regional banks is KBE, isn't it? Just checked, and
KBE, as well as FAS/FAZ, have all the big banks as their holdings,
like BAC, C, JP Morgan, Goldman Sachs, Wells Fargo,
etc.
IAT, the Dow Jones U.S. Select Regional Banks Index, has a lot
lighter volume than the others, but has the smaller banks I was
looking for as holdings, PNC, BBT, USB, Northern Trust, Suntrust,
and smaller ones, not the biggest banks in the U.S. like the other
ETFs.
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MEREDITH WHITNEY
Posted by highnote on 28th of Sep 2010 at 03:14 pm
It's 3:12 Eastern time right now - it was just annouced Meredith Whitney is coming on CNBC in 2 minutes. She always has interesting comments!
More Meredith Whitney
Posted by goldtrader on 28th of Sep 2010 at 04:55 pm
http://finance.fortune.cnn.com/2010/09/28/meredith-whitneys-new-target-the-states/?section=money_topstories
it looks like you have
Posted by cwa82675 on 28th of Sep 2010 at 05:19 pm
it looks like you have to be a client to get the report? What about the little guy meredith...
Bank index($bkx) been lagging
Posted by loveit on 28th of Sep 2010 at 03:17 pm
KBE - Regional Bank ETF
Posted by curtis on 28th of Sep 2010 at 03:33 pm
She really said to sell the regional and smaller banks, they'll be the hardest hit with the double dip in housing. The ETF for the regional banks is KBE, isn't it? Just checked, and KBE, as well as FAS/FAZ, have all the big banks as their holdings, like BAC, C, JP Morgan, Goldman Sachs, Wells Fargo, etc.
IAT, the Dow Jones U.S. Select Regional Banks Index, has a lot lighter volume than the others, but has the smaller banks I was looking for as holdings, PNC, BBT, USB, Northern Trust, Suntrust, and smaller ones, not the biggest banks in the U.S. like the other ETFs.