Charts of the day: Goldman Sachs posts earnings beat, Citigroup drops despite trading revenue jump

Yahoo Finance is tracking financial stocks as uncertainty over Donald Trump’s presidency weighs on the sector. Trump’s inauguration is scheduled for Friday.

The Financial Select Sector SPDR ETF (XLF) is in negative territory over the last five trading days, down about 1.5%. Some analysts are warning that the exchange-traded fund—whose top holdings are JPMorgan (JPM), Berkshire Hathaway (BRK-B), Wells Fargo (WFC), Bank of America (BAC) and Citigroup (C)—is overbought and at risk of a correction.

Taking a look at some individual names, Citigroup (C) and Goldman Sachs (GS) are both on the move after reporting fourth-quarter earnings before the bell on Wednesday. Citigroup posted mixed results, reporting a profit that topped analysts’ estimates but fell short on revenue. The big bank posted earnings per share of $1.14 on revenue of $17.01 billion. Analysts were expecting earnings per share of $1.12 on revenue of $17.3 billion.

On the other hand, Goldman Sachs beat Wall Street earnings expectations on the top and bottom lines during the fourth quarter. The bank reported earnings per share of $5.08 on revenue of $8.17 billion. One of the big headline numbers in Goldman Sachs’ report was its bond, currency & commodities trading revenue. That surged 78% to more than $2 billion.

For more on the financial stocks and how investors should play the sector, check out The Final Round, live today at 4 p.m. EST. Dick Bove, vice president of equity research at Rafferty Capital Market, is joining the show, right here on Yahoo Finance.