Banks Lead Again To Start A New Week

The banks are all over my hybrid screen once again as we start a new week. Last week, a whole lot of nothing followed after a strong Monday. Will it be the same this week? or do we get a breakout in the banks? The $XLF is right smack on the underside of the 200 day moving average. Let’s see if the bulls can regain the all important long term average.

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From today’s top hybrid movers inside Exodus, here were the standouts in the financials: $BAC, $C, $WFC, $GS, & $JPM. It’s funny to even write $BAC & $C in the same bullish blog after watching the whole financial crisis. I should have just loaded my whole account in the names, but such is the life of a trader.

Other names to watch from today’s hybrid screen are as follows: JCP, KSS, EXPR, MARA, HFC, FIVE & LULU

Full a full look at today’s movers: CLICK HERE