Banks Bear Mkt; Fin Stocks Bounce; Wells Fargo Up From 11-YR Lo




  • Banks In A Deep Bear Mkt; 
  • Bank Stocks ETF 52-Week Low
  • Finance Stocks Bounce... Wells Fargo off an 11-YR low
Banks Bear Market

KBE S&P 500 banking ETF (KBE) "trading at a 52-week relative low"
kbe-bank-etf
 ..via google.com

Banks are deep in a bear market, and traders see little reason for hope

https://www.cnbc.com/2020/05/14/with-bank-stocks-in-a-bear-market-traders-see-little-reason-for-hope.html

Financial Stocks Bounce

Financial stocks bounced higher Thursday
..Sparked by a recovery in Wells Fargo off an 11-YR low...

https://www.marketwatch.com/story/big-bounce-in-wells-fargos-stock-helps-financials-snap-losing-streak-2020-05-14

Rally in battered banks..

https://www.marketwatch.com/story/stock-futures-look-to-weekly-jobless-claims-for-direction-2020-05-14

RBC's Gerard Cassidy weighs in on financials rally | CNBC Video

https://www.youtube.com/watch?v=q-DzXjjSvgk

Banks lead market rally with Wells Fargo leading the charge




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The content of this blog post report is for informational purposes only and should not be interpreted as specific investment suggestion, or advice, or recommendation.
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