SHUNNED: Well this is kind of bullish for the financials. The number of fund managers surveyed by Bank of America who say they’re overweight bank stocks has basically collapsed.
In fact, whenever investors get this negative on banks, the stocks are typically set to rally in a fairly major way. Have a look:
Banks are way too unloved. That’s good!
By Thomas K. Brown,
SHUNNED: Well this is kind of bullish for the financials. The number of fund managers surveyed by Bank of America who say they’re overweight bank stocks has basically collapsed.
In fact, whenever investors get this negative on banks, the stocks are typically set to rally in a fairly major way. Have a look:
Bullish!