Financials have outpaced the market in 2019 bounce. Here's what that means moving forward

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2019 bounce: Financials have outpaced the market. Here's what that means...

Ten out of eleven sectors ended last week in positive territory.

Only the Utilities sector was down - and just slightly.

But the Financials sector lead the pack with a stand-out gain of 6.12%.

That was financials' best weekly performance since November 11, 2016.

Since 2014, the financial sector ETF - the XLF - has posted similar gains only five other times.

In the week following those, the XLF posted an additional gain 80 percent of the time, averaging 1.66%.

That's compared to an average gain of 1.31% for the S&P 500.