Why a financial technology fund could break out during earnings season

[Pelican Press 0]

Why a financial technology fund could break out during earnings season

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could be of particular interest. Ginsberg wrote that the ETF has some positive technical signals of its own. “We like the uptrend off the October low. Trendline support has continued to hold up,” Ginsberg said. To be sure, earnings reports could prove to be a downside catalyst for financial technology stocks and the fund. The ETF also comes with a hefty expense ratio of 0.68%. — CNBC’s Michael Bloom contributed reporting.

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Holdings Inc,Global X FinTech ETF,Markets,Investment strategy,business news
#financial #technology #fund #break #earnings #season

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