How Option Pit Founder Mark Sebastian Is Trading the XLF

Mark Sebastian from Option Pit discusses the 2019 January effect, highlighting the influx of sidelined money into the market and the easing of the China-U.S. trade war. He notes the stability in interest rates and the strong performance of North America compared to Asia and Europe. The oil market is seen as a reflection of future economic prosperity, with momentum driving market trends. In the financial sector, Sebastian discusses trading strategies involving XLF, emphasizing the potential for growth as interest rates stabilize.

What factors contributed to the positive sentiment in the market at the beginning of 2019?

Discuss the implications of the China-U.S. trade war on the global economy as mentioned in the text.

How did the U.S. interest rate policy expectations change according to the discussion?

What are the potential risks and opportunities in the energy sector as described?

What is the significance of the financial sector's performance in relation to the XLF?