THE FED’S POWELL INADVERTENTLY GAVE A RARE STOCK TIP IN HIS TESTIMONY $BAC $JPM $KEY $C $CFG $ETFC $SCHW $KBE $KRE $IAI
New Federal Reserve Chairman Jerome Powell has given his first testimony before the House Financial Services Committee.
Investors who were listening carefully got a rare stock tip from him. Of course, you needed to be experienced at reading the tea leaves of Fed speak to get the tip.
I’ll share it with you, but, first, let’s start with a chart.
Chart
Please click here for an annotated chart of Bank of America’s BAC stock. Please note the following from the chart:
• The latest “up” leg has high momentum.
• Bank of America has gained about 40% in this up leg.… Please click here or the title below to read more.
February 28, 2018