Big Financial Stocks Face Their 50-Day’s
Courtesy of Joshua Brown
Lots of big financial stocks have run back up into their declining or flat-lining 50-day moving averages into the end of this week. If we’re truly headed higher in the overall US stock market, tech could use some help from the banks and brokers. Hard to persist in the narrative that only a handful of tech giants are driving the SPX if the banks get back on the horse.
I pulled a few of these from ycharts.com that I thought were worth watching, relative strength in the bottom pane…
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