Buy any ‘sell-the-news reactions’ in the banks after earnings, market analyst says

Todd Gordon, founder of TradingAnalysis.com, said financials' outperformance is part of a broader rotation in the market.

The group, alongside energy, has begun to beat the sectors that outperformed last year such as consumer discretionary and technology."If you look inside of financials, they are doing really well – consumer finance, insurance, asset managers, investment services, there's a lot of subindustries within the sector that are doing well," Gordon said during the same "Trading Nation" segment.

TradingNation So has the banks become the darlings again with the rise in yields? But they didn’t seem to be so previously when the yields were much higher... 🤔

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