It will not let me open the link, but interesting headline..
CNBC https://www.cnbc.com > 2024/07/18
Wells Fargo says it's time to buy banks as a Trump trade
1 day ago - Banks made a comeback during this week's rotation, as the Financial Select Sector SPDR Fund is up 3.7% during the period - the best
Breaking news: Corporation says it's time for people other than the corporation to buy its stock.
Banks especially regional banks (except for Schwab) did well this week. Some call it a rotation from tech into ..whatever When they say "Wells Fargo says" they usually mean Mike Mayo. BTW he gives Wells a C in rating the banks. It must be difficult for him to give the "bank" he works for to give them a C. He came over from CSLA in 2017. I would say that some of the banks made a comeback this week. Wells was not able to close over 60 but did recover from its swoon over earnings.