Wells Fargo (WFC) Recovering But No Cigar

Wells Fargo (WFC) Recovering But No Cigar

As today's trading session slumps along I'm keeping a close eye on the financials on the back of the GS upgrade from JPMorgan.   I stated our case for a potential bounce in financials the past two weeks HERE.  As we've dabbled on the long side on...
Wells Fargo (WFC) – The Technical Bull Case

Wells Fargo (WFC) – The Technical Bull Case

WFC along with JPM in my mind are some of the better financials charts out there, at least in comparison to GS and potentially BAC (although BAC is getting at least one leg back up).  Let's look at it in two time-frames, weekly charts and daily charts. On the...