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Bank stocks are at a critical point!
Tuesday, June 5, 9:25 a.m. In a post back in April I showed you this chart under the title of ‘Banks Look Like Short Sale Candidates’. The S&P Bank Sector Index has now declined 13% from its April...
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Spanish Yields May Bring Central Bank Moves
Last week we noted Spanish bond yields and stock market momentum were still raising caution flags for risk assets. On Friday, stock momentum cleared an important level, but European yields are still...
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Elliott Wave Analysis of Barclays Bank Plc
Posted on July 3, 2012 by Ramki There is so much happening at Barclays Bank that I thought it deserves a look at the chart and see if we can get any clues. SO here you are..As always, please remember...
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Critical Trendline Channel and Trade Planning for Bank of America BAC
Bank of America (BAC) shares are challenging a critical “Make or Break” rising trendline boundary which will trigger a short-sale bias if price trades beneath the level. Otherwise, if the rising...
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