The Chartmaster looks at small-caps as bank earnings have been better-than-expected for both large cap and regional banks. The Russell 2000 is one of the most diversified broad indexes with the financial sector representing approximately 17% of the index. A key ingredient needed to fuel a sustainable upside breakout would be a bounce in regional banks. The Chartmaster highlights key support and resistance levels to consider as the market navigates through earnings season. Tune in to find out more about the stock market today.
18 Apr 2023