The final trades of the day with CNBC's Brian Sullivan and the 'Fast Money' traders.
Santa Rally may just be starting. A Goldilocks U.S. economy could favor ETFs like MDYV, XLK, KBE and RTH into year-end and early 2026.
Worried about high valuations? KBE, XRT, and XPH with low P/Es and fresh momentum are three undervalued ETFs to consider as 2026 approaches.
Launched on 11/08/2005, the State Street SPDR S&P Bank ETF (KBE) is a smart beta exchange traded fund offering broad exposure to the Financials ETFs category of the market.
Designed to provide broad exposure to the Financials - Banking segment of the equity market, the SPDR S&P Bank ETF (KBE) is a passively managed exchange traded fund launched on November 8, 2005.
KBE offers highly diversified, best-in-class exposure to regional and diversified banks, with a competitive expense ratio and solid dividend yield. The fund trades at a significant valuation discount to the S&P 500 and the broader financial sector, providing some downside cushion. Upcoming rate cuts and weak loan demand pose risks to margins, especially for regional banks more exposed to economic softness and consumer weakness.
Jay Woods, Chief Global Strategist for Freedom Capital Markets, explains why he's so high on regional banks.
The odds of a US recession have dropped sharply, easing macro fears and supporting a more constructive outlook for banks. KBE offers attractive valuation, high yield, and diversified exposure to US banks, with a low price-to-earnings ratio and strong earnings growth. Technical analysis shows KBE holding key support, with bullish momentum indicators and potential for upside after a period of consolidation.
Talk about a topsy-turvy market. Tuesday's tariffs sparked more market jitters.
KBE ETF primarily invests in regional banks, offering a consistent dividend yield and lower standard deviation compared to peers like KRE. Despite a 5-year CAGR of 7.89%, KBE's growth lags behind the financial sector's average CAGR of 12.87% over the same period. Using State Street's outlook on KBE, I have estimated a potential average annual performance growth rate of 7.91%.
CNBC's Leslie Picker and Steve Liesman join 'Closing Bell' to report on the latest round of potential Trump tariffs impact on investors
Total S&P 500 earnings are expected to be up 7.4% from the year-ago period on 4.8% higher revenues.