Cruxellaneous

One of the world's most hated sectors could be on the verge of a monster move

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From Chart of the Day:
 
For some perspective into the all-important banking sector, today's chart presents the current trend of the KBW Bank Index.
 
As today's chart illustrates, banking stocks peaked back in early 2007. The impact of an already weakening real estate market began to take its toll and banking stocks began to trend lower at an ever-increasing rate. This weak banking sector performance ultimately preceded the recent financial crisis.
 
Following a post-financial crisis rally into early 2010, banking stocks have traded in a fairly flat/choppy manner...
 
 
More on banks:
 
 
 
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