Plus, semiconductor stocks of various stripes had a decent day Monday despite Taiwan Semiconductor's awful March.
The recent trends in the banking industry have not yet run their course.
The bank is set to report quarterly numbers this week.
These recently downgraded names are displaying both quantitative and technical deterioration.
The banking concern doesn't appear to be a buy based on its charts.
I don't like holding bank stocks going into recession, but I also do not like having zero exposure to bank stocks ever. Here's my plan.
Don't be lulled to sleep by the recent stabilization in the market.
Let's review a few charts of the KRE, the SPDR S&P Regional Banking ETF.
Markets are in safety mode in anticipation of a potential acceleration of any coming economic recession.
Chinese authorities have cautioned leading bankers to learn lessons from the corruption investigation into Liu Liange.