Could Constellation Brands Be Facing Further Declines?

Constellation Brands , which reports its quarterly numbers next week, has been weakening since early December. The daily On-Balance-Volume (OBV) line has been weakening since August. The weekly OBV line is weak and tells me of months of more aggressive selling. Read More...

Reuters

What crisis? U.S. bank-focused ETFs see strongest demand in months in March

March recorded the worst U.S. bank failures since the 2008 crisis, but that did not stop some investors from snapping up battered financial stocks to bolster their bets on the sector’s long-term health, fund-flow data showed. Exchange-traded funds tracking U.S. regional banks saw their strongest net inflows in months, with the SPDR S&P Regional Banking ETF receiving $1.25 billion in the month to March 29, while the iShares U.S. Regional Banks ETF took in $258 million, according to Refinitiv Lipper data. That’s despite both funds plunging about 29% in March as the collapse of Silicon Valley Bank and Signature Bank triggered fears of a contagion and doubts about the sector’s stability, making U.S. regional banks among the worst-performing sectors this year.