But if you’re late to the game, it’s probably best not to chase this sector.
“I expect to see a little bit of a pull back in the XLF. It will probably start testing $20 and when it does that could be an opportunity.”
Najarian recommends keeping a close eye on banks. “If we can provide some stability in the banks it should bode well for the global growth story.” And that translates into strength for the commodity stocks, oil as well as emerging markets which can be played via the iShares MSCI Emerging Markets ETF.
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