By Jeff Pierce
While the financials may have an intraday pullback or even a 2 day pullback it doesn’t have to happen as this is one very strong sector. Volume on the individual stocks have been much more impressive than the XLF, but the strength is undeniable. Bottom line is this either goes higher or down a bit and then higher. Both scenarios see the financials as well as the general markets moving higher over the coming weeks. Personally I think we’ll dip down to $16.75 and then bounce immediately and head higher.
Below are a few stocks I was asked by a reader what my thoughts were on them.
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