Today we’re here to discuss with you our process of Top/Down Analysis. As we go on our way, we’d like to take you along on this journey as well.
With the market sectors passing the baton of strength to one another, one sector stood out. PSU banks not only stood out in terms of the outperformance that we’re witnessing but also simply because they are PSU Banks. When was the last time one was bullish PSU Banks?
Those who’ve had their fair share of capital loss in the past have had something to do with PSU banks. For sure.
But has the tide turned? Are we entering a bull market when it comes to this sector? Let’s take a look!