Based on the chart of the KBW Bank Index, Jamie Dimon’s decision to purchase shares of JPMorgan may have been well timed. The buzz surrounding…
Tagged Banks
With Banks At New Highs, Are Stocks Out Of The Woods?
With the major indexes again pushing up near new highs, it is a good reminder that despite all of the ancillary concerns about the market…
UPDATE: YEP! >> (4/21: SPDR KBW Bank ETF ($KBE): Bear-Flagging?)
On April 21, we posted a chart pointing out a potential bear flag formation in the SPDR Bank ETF (KBE). The question of whether or…
SPDR KBW Bank ETF ($KBE): Bear-Flagging?
Possible bear flag alert in the SPDR KBW Bank ETF ($KBE): An ideal spot to see KBE fail might be the confluence of the 50-day SMA…