Earnings have been a mixed bag so far, especially among bank stocks.
I don’t like to trade bank stocks because they don’t move as much as other companies. But they’re a good indicator for the overall health of the economy.
It’s also important to keep in mind that not all banks are in the same type of business. Some focus on regional customers, others are more involved in retail banking or underwriting, and then you have investment banks…
As a result of these mixed earnings, the market is a little “wishy-washy.”
Investors are super bullish on some companies, while others are getting hammered. We’re seeing the major indexes move up, and then slide lower…
There will be a lot of volatility for the foreseeable future, which means a lot of opportunities for short-term trades.
And that’s what fellow traders Jeffry Turnmire and Lance Ippolito are focused on right now…
They’re sitting down at 4 p.m. ET today, April 18, to discuss Jeffry’s “60-Minute Trade” strategy.
That’s right, in and out in just 60 minutes…
Trade well,
Jack Carter
Jack Carter Trading
