Why Banks Could Rally 10% Before Rate Cuts
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Financials have quietly become the second-best-performing sector over the past week.
And Blake Young decided to make a bold statement in tonight’s video:Every major bank could break their 52-week highs for another 10% punch higher!
- JP Morgan already punched through resistance on its way to $300
- Wells Fargo is coiled for an 8% breakout above $88
- Regional banks (KRE) could rocket 7-8% higher with a simple 4-to-1 risk/reward setup
Blake calls this the "last hurrah" in consumer finance.
And he makes a good case for it.
You see, the Fed is about to cut rates in two weeks. That makes borrowing cheaper, which pads bank margins. It's a technical trader's dream combined with fundamental rocket fuel.
Capital One and Ally are both setting up for 10% moves, but Blake's warning is critical: This is likely the final push before economic headwinds catch up.
The setup is there. The catalyst is coming. The only question is whether you'll be positioned before the crowd rushes in.
This isn't about holding forever—it's about riding the momentum wave that rate cuts are about to unleash, then getting out before the music stops.
Don't miss this one.
Video Length: 00:12:41
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