The fundamentals may be constructive but the charts and indicators of the regional bank are not particularly compelling.
People's United Financial is a 4.5%-yielding dividend aristocrat that's on a path to continued expansion.
The premium for long term options is cheap.
MS has set the bar for financial names reporting Q4 results.
There are attractive opportunities in 2020 among lesser-known regional banks.
It quickly becomes apparent that across the board, this firm is executing at a high level.
Earnings reports are solid but this overbought market is looking for a good reason to consolidate a big move.
The banks, smalls caps and transportation stocks finally catch up.
The group is in position to set up for another run.
Earnings reports could provide a "sell the news" excuse for a pullback, but a powerful wave of Fed-created liquidity is crushing skeptics for now.