How KKM's Deming Is Trading the XLF

Dan Deming from KKM Financial discusses the current state of the financial markets, highlighting a risk reversal trade strategy on the XLF ETF. He explains the technical and fundamental factors affecting the market, including the impact of tariffs and rate trajectory shifts. Deming also analyzes the S&P 500's key support levels, suggesting potential short-term downside but a possible market rally if technical and psychological barriers are overcome.

What is Dan Deming's general outlook on the financial sector?

• He is cautiously optimistic.

• He is extremely bearish.

• He is neutral.

• He is extremely bullish.

What type of trade strategy does Dan Deming discuss for the financial sector?

• Long call strategy

• Short selling

• Risk reversal

• Covered call

In the risk reversal trade, what does Dan suggest selling?

• A 26 call

• A 24 put

• A 28 call

• A 22 put

What factors does Dan mention as influencing the financial market?

• Neither technical nor fundamental factors

• Only technical factors

• Only fundamental factors

• Both technical and fundamental factors

What key support level is the S&P 500 breaking through according to Dan?

• 2500

• 2700

• 2600

• 2800