This Week's Highlights
- With interest rates and oil falling together, Financials have worked their way up the leaderboard at the expense of Energy.
- Remarkably, the Financial sector has recovered all of its losses from the bank crisis despite the fact that banks (a significant percentage of the sector) remain well below comparable levels.
- At this point, Financials have seen the critical extreme bullish short-term trend and momentum inflections needed for lift off. To achieve escape velocity, we now need to see a sector-wide. . .