BAC

Technology Trouble and Banks Gains

March 18, 2021, 8:53 pm EDT Technology Trouble and Banks Gains Technology focus index Nasdaq tumbled -3% today when Dow Jones only down mildly -0.5%. The strength of Dow is the financial sector. Banks...

Stock Chart: Mega Convergence Pattern Breakout (BAC)

November 24, 2020, 12:18 pm EST Stock Chart: Mega Convergence Pattern Breakout (BAC) It takes a long time to form a mega pattern. It means a pattern needs to take 6 months or more for full development...

Sector Rotation

November 10, 2020, 10:41 am EST Sector Rotation Sector rotation took place the second day where technology is out of favor and industrial becomes demanded as shown in the following sector charts.  Aer...

Sector Strength

Best performing sectors today and this week are financial and industrial. As we all know that these two sectors are core sectors to both index and economy. Money center banks, BAC, C, WFC and investme...

Rebound Over. Breakdown or downtrend may come on banks

05/12 Stock markets made strong rebound in the past two months since March. The power is provided by government money-printing strategy so it could dry up.  Banks, hotels, cruises were up signifi...