HOUSE_OVERSIGHT_011277.txt

The document discusses the financial sector and suggests investing in call spreads on XLF. The author cites bullish sentiment from North American investors and notes that buying has been concentrated in XLF. They also mention positive sentiment around regulation, rates, growth, and corporate tax rate cuts, but note that there is pushback due to concerns about valuation. The author recommends playing the sector with call spreads on XLF, noting potential upside if the knock-in is triggered or not triggered.