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Tickers in this Article: ASPS, EZPW, MOH, LFC, EVR, MSCI, MET
The Nasdaq is trading down 0.8%, the S&P 500 has slipped 0.2% and the Dow has decreased 0.1%, marking a bad morning for the market. The financial sector is the category of stocks containing firms that provide financial services to commercial and retail customers. This sector includes banks, investment funds, insurance companies and real estate. Financial services perform best in low interest rate environments. A large portion of this sector generates revenue from mortgages and loans, which gain value as interest rates drop. Furthermore, when the business cycle is in an upswing, the financial sector benefits from additional investments. Improved economic conditions usually lead to more capital projects and increased personal investing. New projects require financing, which usually leads to a larger number of loans.

The Financial sector (XLF) is down 0.3%, outperforming the market overall. Currently, the biggest movers in the sector are:
CompanyMarket CapPercentage Change
Altisource Portfolio Solutions (Nasdaq:ASPS)$2.45 billion-9.6%
EZCORP (Nasdaq:EZPW)$993.9 million-4.5%
Molina Healthcare (NYSE:MOH)$1.38 billion-4.3%
China Life Insurance Company Ltd (NYSE:LFC)$85.06 billion+3%
Evercore Partners (NYSE:EVR)$821 million+2.8%
Msci (NYSE:MSCI)$3.57 billion+2.6%
MetLife (NYSE:MET)$35.82 billion-2.6%
Broker Summary: E-Trade Financial

Altisource Portfolio Solutions (Nasdaq:ASPS) has decreased to $94.76 per share, a 9.6% fall. This morning, the company is trading a volume of 126,146 shares.

Falling 4.5%, EZCORP (Nasdaq:EZPW) is currently at a share price of $18.48. So far today, the company's volume is 208,610 shares, consistent with its current daily average.

After a decline of 4.3%, Molina Healthcare (NYSE:MOH) has hit a share price of $28.30. So far today, the company's volume is 179,035 shares. This is consistent with the average over the past three months.

China Life Insurance Company Ltd (NYSE:LFC) has risen 3% and is currently trading at $46.48 per share. So far today, 76,774 shares have changed hands, with trading activity in keeping with yesterday's.

Evercore Partners (NYSE:EVR) has risen 2.8% to hit a current price of $28.83 per share. So far today, the company's volume is 206,640 shares.

Msci (NYSE:MSCI) has moved up 2.6% and is currently trading at $29.97 per share. The company's volume is currently 342,554 shares for the day, in line with the current daily average.

At $31.97, MetLife (NYSE:MET) has slipped 2.6%. So far today, 6.4 million shares have changed hands. This is in keeping with its current three-month average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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