Some of the most important stocks in the world are at such critical levels that we’d be fools to ignore it.
More specifically, I’m referring to Financials: Broker Dealers and Regional Banks in particular.
As we are all aware, Financials peaked in 2007 before the epic collapse throughout 2008 and into early 2009. The repercussions of those events were felt all over the world. Some people are calling for a repeat of that period. Could we actually see it? Maybe. But I think it’s going to depend a lot on the outcome of the current battle taking place between buyers and sellers at one of the most critical levels in the history of these stocks. [Read more…]