When things get unpredictable I like to look at the bottom fishing screen, inside The PPT, to find inflection points. Today’s screen is littered with financials and signaling a bottom in the group. I took a position in $MS Friday afternoon as the banks started moving and loved what I saw from the group today.
If there is one takeaway from today’s session, it is the financials. Here are today’s screen results:
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to the FAS mobile!