Broken Bank Stocks a Canary in the Market Coal Mine?
http://feedproxy.google.com –
If there’s one sector of the stock market that trades like death warmed over, it’s the financials. Bank stocks simply can’t get out of their way these days.
Take the KBW Bank Index (BKX) of 24 leading U.S. banks. You can see in this chart that it plunged in April and May, and it hasn’t been able to get off the mat since.
Read the full story...
Category: Fundamental Analysis Tags:
Navigation
Tag Cloud
Popular Today
- 7Bonds – Difficult Buy These Days
- 6FX Traders Bet On Imminent Resolution To Greece Talks
- 5Driving Value for Pharma and Biotech Companies: Insights from Biotech Showcase 2012
- 5The Fed Resumes Printing
- 5Platform Technologies Promise Big Payoffs: Juan Sanchez
- 4The Real Truth Behind the New Jobs Numbers
- 4Gold Prices Driven Higher by Europe and China: Greg Weldon and Grant Williams
- 2A New Reason Gold Stocks Will Soar
- 2After a 40% Surge, This Stock Could Give it all Back
- 1Hepatitis C and Orphan Diseases Driving Big Biotech Potential: Geoff Meacham