Banking Sector Cycle Review

By: readtheticker | Sun, Aug 14, 2011
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If you work in the banking or insurance sector it is now time to search for another job. The cycle for bankers is going down. I suggest farming or fishing as folks must eat.

Sure price action may not go down in a straight line (or maybe it will), but a bottom is yet to form on the NASDAQ banking index.

To profit from this cycle find banking stocks with negative relative strength and short on market bounces. Members can use the readtheticker.com AlphaScanner.

NASDAQ Bank Index

 


 

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Author: readtheticker

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