If You Like The Bank Stocks, Take A Look At Bank of America.
- The tech stocks helped the stock market rally again yesterday, as the XLK tech ETF and the SMH semiconductor ETF made new all-time highs. However, the tech stocks were not the only group that acted well yesterday.
- It’s weird how the bank stocks usually pullback after their reporting season, but it’s not always the case. If you like the banks going forward, take a look at Bank of America (BAC)..as it should play catch up with JP Morgan (JPM) after the big divergence that has developed between the two stocks this year.
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