Bank stocks lead the way

I am a firm believer that the market cannot go up unless bank stocks move to new highs. The enclosed chart (click on graph to enlarge) shows that the bank index is sagging to new lows. This is not what you see when the market is ready to move higher.

To find out more about my in depth view of the markets and my strategy just visit our website https://www.peterdag.com/. You can review The Peter Dag Portfolio, free of charge of course. You can also call me at 1-800-833-2782 to discuss your specific money management needs.

George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977