The last time financials were this oversold they rallied by double digits

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The banks got banged up this week. The steep sell-offs have one market watcher changing his mind on the sector.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Dimon is grinning like a goon because he still can’t believe he was bailed out by the taxpayers and got to keep his job.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Wells Fargo: A double-digit market rally is comingA monster rally for the stock market is coming, says Wells Fargo's head of equity strategy, Chris Harvey. August 15, 2018 Harvey said, 'we think you have 2% to 3% downside' FACT market went higher from his appearance, peaking Sept 21 furthermore, he said FAANGS look good and not much downside risk just watch the five minute video WE HAVE TO HOLD HIM TO THAT DOUBLE DIGIT RALLY....WHAT'S GOING TO GO UP?
Source: CNBC - 🏆 12. / 72 Read more »

Stocks to stage double-digit rally despite 'horrific' sentiment, Wells Fargo's Chris Harvey predicts'Horrific' sentiment could cause investors to miss double-digit year-end rally: Wells Fargo's Chris Harvey Yeah... VIX sub 20, not exactly “horrific”. It’s funny. People think SenateGOP TheDemocrats look out for their best interest. No chance. They make deals to serve themselves. That includes manipulating each other, the Fed etc. markets punishing everyone’s 401k, trade war killing business. 'Trust us... We've already opened the brokerage accounts without your consent. We only need you to deposit your money!'
Source: CNBC - 🏆 12. / 72 Read more »

Facebook, up 20 percent from the lows, could see another double-digit rallyInvestors aren't feeling too positive heading into Facebook earnings, but one options expert has a contrarian call on the beaten-up stock. Being sued by every state, Costs just went up 2x, maybe 3X $FB Yet they keep getting caught doing 🐂💩 This is fake news. Facebook is worth as much as a Speedo in the Midwest right now. 🥶
Source: CNBC - 🏆 12. / 72 Read more »

A ‘dirty’ rally is taking shape as the stock market is heavily oversold.northmantrader: A 'dirty' rally is taking shape as the stock market is heavily oversold NorthmanTrader pretty sure this was o friday too, prior to the mini crash. so we are going for stopped clock theory NorthmanTrader Article is from Dec 19. Shit has changed, even since then. NorthmanTrader Market was parabolic! Bound to happen
Source: MarketWatch - 🏆 3. / 97 Read more »

Four of the last five times markets rallied like this, it was a dead-cat bounceStocks have rocketed off Dec. 26 lows. But more often than not, when markets see this kind of bounce, it often proves a head fake, says Michael Batnick, director of Research at Ritholtz Wealth Management. Oh well best keep letting central banks plough more cash in then.... Eat my shorts And 4 out 5 dentists recommend Trident
Source: CNBC - 🏆 12. / 72 Read more »

The last time Apple shares did this, the stock rallied 75 percent in 12 monthsWhen Apple was last this far from its highs, it had a massive surge over the next year. Craig Johnson, chief market technician at Piper Jaffray, says the recent slump in Apple echoes that move in 2016. They better do something magical or its going to be the opposite. Don't fomo in lol more downside left. Rather lose a few percent and buy on breakout than buy now with all the negative news and economy slowdown Nice try !
Source: CNBC - 🏆 12. / 72 Read more »