Financials Still Hurting

12/02/2008 9:34 am EST

Focus: STRATEGIES

Thomas Aspray

, Professional Trader & Analyst

chart

Yesterday's sharp plunge in the market erased some of last week's gains and the financial stocks continue to be leading the market on the downside. The monthly chart of the Financial Index shows that the RS chart turned negative in early 2007 and these stocks continue to be weaker than the S&P.

  By clicking submit, you agree to our privacy policy & terms of service.

Related Articles on STRATEGIES

Keyword Image
Caution Signs for Investors
12/31/2018 5:00 am EST

Notable signs of deterioration have developed in the current situation. The U.S. housing market is i...