XLF Largest 1 Day Gain

The financial sector has an ETF that tracks the sector ($XLF) and it had a whopping 15.7% gain today. In fact, today’s gains in the ETF are the largest ever for the 10 year existence of the XLF. Three of the largest holdings are Bank of America ($BAC), JP Morgan ($JPM) and Wells Fargo ($WFC). You can see the chart of the XLF below and notice how that pesky 13 EMA kept it in check today.

In the XLF, 97% of the holdings are in the financial services sector and the top 10 holdings (which is nearly 50% of the ETF) are listed below.