Bank stocks continue the rally without any signs of stopping. Even when market opened lower yesterday, our 3 local banks managed to turn the tide and lead the reversal to eventually close higher for the day. I believe this is great for long term investors, but at the same time also expect the prices to drop back down in October when the trading board size decreases to increase trading volume.
☕️ [Task Coins Giveaway] Daily Market Talk — Cool CPI Lifts Chips, IBM Craters 25%
Inflation finally broke the market's way. June CPI cooled hard to 3.5%, the biggest monthly drop in six years, gutting July hike odds and sending chips flying. But it was a split tape: JPMorgan and Go...
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
