With earnings due out after Tuesday's market close we might have a case of 'buy the rumor and sell the news.'
These recently downgraded names are displaying both quantitative and technical deterioration.
We're waiting for all the pieces to fall into place.
Shares of AI-based lender are likely to sink lower in the months ahead.
V will report quarterly earnings after Tuesday's market close.
I'm slowly starting to accumulate positions in homebuilding and financial names.
Shares have been in a decline the past 12 months. Let's check out the current charts.
Meanwhile, a conference in Hong Kong featuring the city's leader, who is sanctioned by the U.S. but due to appear alongside U.S. investment bankers, offers a bad look.
The damage has been done even if the shares begin to move higher.
Does a profitable banking sector translate to a bullish stock market? Not necessarily.