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RE: Get Ready, Get Set, Go Bank Stocks, Go....Let The Bank Quarterly Earning Announcements Begin
Things should get interesting with earnings season. SPX is at the top of this year's range excluding the January high, banks and other earnings are either gonna send us back down to the bottom of that range or bust us to run at the Jan. highs.
I think with interest rates not rising as aggressive as expected the banks may come short, but who knows right? lol
It's tech that taking the Markets higher, but the sector is overcrowded. If tech sells offs, the Markets will correct. I'm personally looking to get short the Markets, just waiting for a nice entry point. The yield curve is warning us that bad times are near. I won't be surprise if we see new highs...which usually occurs...the exhausted move higher before the Markets turn down for good.