Here is the fact, the financial sector ( XLF ) is the worst-performing sector YTD, down by over -4%, while the S&P 500 ( SPY ) is up by 1%. Large banks like JP Morgan (Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relat ...