While I feel the pop at the end of today's trading will retrace tomorrow, the move this week has been very encouraging. While the weekly increase has been a bit above 10%, the overall financial group has moved more than that - so the price under the NAV should still be around 20%.

As people want to get in on the financial run, this is an excellent choice because you get a 20% cushion and spread out the risk.

I have done the same with PGX, an ETF dealing with preferred only.

Anyway FF is in great position.
GLTA