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This sector is overdue for a fall
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Thursday, March 11, 2010
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From Bespoke Investment Group:

The S&P 500 Financial sector rose once again today, making it nine up days in a row for a total rally of 6%. Since 1990, there have only been two other periods where the sector rallied for nine straight days.

In each of those prior periods, the streak ended at nine days. In 1995...

Read full article (with chart)...

More on financials:

Jeff Clark: "This market is teetering on the edge"

These stocks are setting up for a massive move

Why you're almost guaranteed to lose money holding financial stocks

Topics: Financials | Stocks
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