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We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

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Banking Sector Cycle Review

If you work in the banking or insurance sector it is now time to search for another job. The cycle for bankers is going down. I suggest farming or fishing as folks must eat.

Sure price action may not go down in a straight line (or maybe it will), but a bottom is yet to form on the NASDAQ banking index.

To profit from this cycle find banking stocks with negative relative strength and short on market bounces. Members can use the readtheticker.com AlphaScanner.

NASDAQ Bank Index

 

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