This post is in support of my report last night. Here I show the price charts of non-index bank and financials
There are more banking and financial stocks in bear markets, namely, PBCOM (PBC), PS Bank (PSB; also from 2013 top), City State Bank (CSB), Col Financial (COL), First Abacus (FAF; sideways but down 20+%), IRemit (I), MEDCO Holdings (MED) and National Reinsurance Corp (NRCP).On the contrary, non index stocks at record highs have been a rare breed; such as AG Finance (AGF) and Vantage (V).Uptrend stocks but yet to break record: BDO Leasing (BLFI) and largely untraded very low liquidity bank stock Philtrust (PTC)
Here are their charts:
The Rulers: Grizzly Bears.
The Rare Breed:
Record Holders.
Non-record Uptrend.
Record stocks? Where?
Caveat emptor
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