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home / news releases / XLF - Do Positive EPS And Revenue Revisions Always Mean Higher Stock Prices?

XLF - Do Positive EPS And Revenue Revisions Always Mean Higher Stock Prices?

SPDR Select Sector Fund - Financial
  • What's impressive is that even as of last Friday, January 22, 2021, the forward quarters keep getting revised higher.
  • However since January 1, and probably thanks to the 4th quarter rally in many of these names, a lot of Financial stocks are down hard.
  • Most of these financials are testing or about to test their 50-day moving averages, after substantial 4th quarter rallies.

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Do Positive EPS And Revenue Revisions Always Mean Higher Stock Prices?
Stock Information
Company Name: SPDR Select Sector Fund - Financial
Stock Symbol: XLF
Market: NYSE
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