SPDR Select Sector Fund - Financial
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Gamestop and the XLF

46
Well. Interesting theory. What if the rounding top happening with the XLF will precipitate GME to the moon? Or visa versa?

An outside event that causes a desperate need for capital could cause hedge funds to liquidate short positions. Or perhaps a reversal from the feds to QE from QT because we're at risk of a recession, signaling cheap capital is coming and causing the demand to ratchet up the price.

No opinion; just thought it was an interesting correlation.

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