Chart o’ the Day: Banks Breaking Away

I like to look at relative charts whenever I hear people say that such and such sector has already made its move or has come “too far too fast.” The explosive action in the financial stocks these past two weeks as tax reform moved from a maybe to a definitely is getting a lot of attention. There’s a re-rating of these stocks taking place now that three Fed interest rate hikes in 2018 look more realistic ...

source http://thereformedbroker.com/2017/12/17/chart-o-the-day-banks-breaking-away/