Banks Hit A Wall

Banks Hit A Wall

At last month’s low the $BKX(KBW Bank Sector Index)had dropped 16% from the summer peak($112.00). $BKX reached oversold levels not seen since early 2016 last month. The rebound that followed, which began on Oct. 25, the $BKX has retraced 50% of the sell off from...
And Then They Came For Schwab

And Then They Came For Schwab

Shares of Charles Schwab Corp have been on an absolute tear over the last two weeks.  Today $SCHW is working on its 11th straight gain as it extends the rebound off the October 26th low to 16%.  Volume pacing this advance has eased of late but the initial leg of this...