Updating this post from Monday, so far so good for the financial bulls. Watch the close today–Above $16.25 and on the highs would add credence to the rotation thesis. True, the regional banks have suffered damage over the past several sessions, but that is not stopping the major players in the XLF from trucking ahead.
One Response to Beautifully-Bearded Bernanke Banks
You guys should send Bernanke one of dem iBankCoin hats – maybe he’ll wear it to the next news conference!