• 302 days Will The ECB Continue To Hike Rates?
  • 302 days Forbes: Aramco Remains Largest Company In The Middle East
  • 304 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 704 days Could Crypto Overtake Traditional Investment?
  • 709 days Americans Still Quitting Jobs At Record Pace
  • 711 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 714 days Is The Dollar Too Strong?
  • 714 days Big Tech Disappoints Investors on Earnings Calls
  • 715 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 717 days China Is Quietly Trying To Distance Itself From Russia
  • 717 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 721 days Crypto Investors Won Big In 2021
  • 721 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 722 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 724 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 725 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 728 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 729 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 729 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 731 days Are NFTs About To Take Over Gaming?
Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

How Millennials Are Reshaping Real Estate

How Millennials Are Reshaping Real Estate

The real estate market is…

  1. Home
  2. Markets
  3. Other

Where the Banking Index is ...

As we commented last week, without a fully functional Banking system we would be in trouble ... and the economy and the stock market would be in trouble ... so, that makes the Banking group important.

The current Banking Index chart is below. Note that the Banking Index has risen above its channel's down trending. (Friday's tick was an up tick.)

The Banking Index's Accelerator moved higher in positive territory, and its Timing Indicator was at a high positive with merged trend lines.

So, conditions remain short term positive, but be careful as Institutional Investors may challenge the Fed this week.

Banking Index Daily Chart

 

Back to homepage

Leave a comment

Leave a comment