American Express has rebounded smartly from its December lows and looks set to move higher.
The steep declines over the past seven months make me much less critical of BLK's Q4 results.
Prices could test the declining 50-day simple moving average line very soon.
They may represent the single most attractive industry group in the S&P Index.
If one is betting on a sustained surge from Citi, bigger banks could be bullish bets.
Management has steered the story to its steep discount and the market is buying the narrative.
Is all banking GS or is this a buying opportunity for XLF?
PAYX could swing up or down in the short-run.
Let's see if a strengthening phase is coming.
But there is no catalyst right now, and there are so many other sectors with better prospects.