A big horizontal breakout and rising large players volume suggests a lot of people with a lot of money are buying this stock. CKO Kickboxing will now be offered at Madison Square Garden. Owning this stock is like owning a little bit of various sporting teams. I'm going to go running with the Bulls in this stock and chase it higher on the channel breakout.
Everyone is going crazy about this article I wrote on Cellectis. I've got comments from people telling me to mortgage my house and park a truck-load of money into this company. Calm down everyone. Cellectis is years away from and kind of FDA approval of their UCAR T-cell therapy. There's plenty of time to be calm and not chase this stock higher.
More bank stocks than ever are looking like compelling trades. Everything changed for banks after the stress tests a few weeks ago and the Federal Reserve allowing banks to increase share buybacks and dividends.
Financial stocks and in particular banking stocks, are looking stronger. You have raising rates, less regulations, and increase in share buybacks and dividends that are all acting as a tail-wind for banking stocks.