We have been keeping a close watch over the Bank Stock Index (BKX.x) over these past few months. Each of the major stock indices has exceeded its 12-month high through December 2009. The BKX has yet to participate. The above chart shows that it may be getting ready to challenge its 2009 high.
Note: The above is for information purposes only. Any decision to buy, sell, or hold a specific investment for your portfolio should be discussed with your own personal investment advisor.
No comments:
Post a Comment