Banking stocks such as that of JPMorgan (JPM) have rallied anew in recent days on the back of Fed speakers sounding a hawkish tone. While I think this is all well and purposely orchestrated so that Janet Yellen can bring about a more sober tone in June, for now a breakout trade is taking place in JPM stock.
Serge Berger
President/Founder
TheSteadyTrader.com
