The KBW Banking Index (BKX) has been one of the outstanding performers since the turn of the year, and the way is clear for a challenge of the October high.
The stock market indices were up again at the close, particularly because of the last hour’s sharp move that saw the Nasdaq 100 close at new 52 week highs at just a penny under 1893. The S&P 500 got over 1145 and closed just underneath it.
Dr. Julie Peterson-Manz reviews the Around The Horn stock action for January 7, and presents trade ideas that still have the possibility of triggering for January 8.
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