3 ETFs For This Week’s Slew Of Earnings Reports

Posted by Todd Schriber

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The big money center banks got second-quarter earnings season rolling last week, but hundreds more reports are coming this week. In fact, the financial services sector is nowhere near done with second-quarter earnings as dozens of asset managers, credit card issuers and regional banks will step into the earnings confessional this week.

For traders looking for other industries and sectors with earnings catalysts this week, they’re in luck because opportunities abound. Of course, plenty of exchange-traded funds will be worth tapping into this week, too.

Here are three ETFs that will be stepping into the earnings limelight in a big way this week.

U.S. Global Jets ETF (JETS)

The U.S. Global Jets ETF enters airlines earnings season in a tenuous sport. Amid a resurgence of coronavirus cases, the lone ETF dedicated to this industry is down 9% over the past month. Undoubtedly, JETS will be tested this week.

JetBlue gets things going on Tuesday with United Airlines Holdings following on Wednesday. On Thursday, American Airlines and Southwest report. Those four stocks combine for nearly a third of the JETS roster.

Some smaller JETS components also report throughout the week….CLICK for complete article