Exposing Ideas to the Envelope of Serendipity

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Thursday, November 11, 2010

Bullish Set-ups in Financials

It may be time to keep a close eye on the financial sector, with many stocks in the group starting to look like they may be ready to come out of hibernation. XLF staged a solid base breakout last week and a pull-back to the breakout zone before taking off would be classic. New long entries start to look appealing on a move above the small descending trendline off the November high. GS, JPM, C, AXP, USB, PNC, HBAN, FITB, and WFC are few of the better looking charts to watch in the group.

Trade well.

-- Brinkley
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