Volatility on Wall Street is expected to be elevated, as FTSE Russell completes its annual index rebalancing, shifting the makeup of tracking indexes that contain trillions of dollars. Rebalancing days are typically accompanied by heavy trading volumes as well.
$Bank of America(BAC)$ $JPMorgan Chase(JPM)$
Bank Of America and JP Morgan obtained the lowest grades in the stress test that was performed by the FED. This will force them to keep dividends flat and to eliminatestock buybacks.
If we see the banking sector collapse these will be good shorts
US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
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