Financials Leading
Despite seeing a lot of volatility in the market over the past few weeks, one steady sector has been financials.
Stocks like JPM and GS are near all-time highs as a result.
This is because investors are expecting financial deregulation under the Trump administration that should be bullish for financial institutions.
We are also seeing regional banks move up as well.
We should see additional M&A activity within the regional banks space as well as an easing of lending regulations for regional banks which would spur lending activity and thus profitability for them.
This is a theme that is just beginning. We arenβt even into the new administration yet.
Keep an eye on this going forward. I walk through specific names that I am looking at for swing trades here: