The following post was initially issued to TLS members on December 21. Some of the areas that enjoyed the biggest 2016 post-election bounces have…
Tagged $KRE
Regional Banks Bumping Into Stiff Resistance
Regional banks have been on a run of late, but are encountering resistance stemming from 2011. Over the course of the post-February stock rally, the…
Rate Hike? This Chart Says Don’t ‘Bank’ On It
Bank stocks spiked on rate hike speculation; however, potential chart resistance suggests their upside may be limited. The big news in the markets this week…
Jamie Dimon Banking On Financial Stocks Bouncing Here
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…
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…
Falling Yields Continue To Pressure Regional Banks There are so many cliches and platitudes on Wall Street regarding stock market behavior (“sell in May”, “never…
ChOTD-5/16/14 Regional Banks @ 6-Month Low While S&P 500 ~ 6-Month High
Last we looked at Regional Banks was on March 14. At the time, we noted their improving relative strength vs. the S&P 500 and the condition of…
ChOTD-3/14/14 Regional Bank Performance on the Rise Again…Will Interest Rates Follow Suit?
Originally posted on 3/14/14: stks.co/r06E7.