Banking 2023-03-08: all sub-industries weakened

Best of the bunch at the moment is Money Center Banks followed by Southwest Banks and Foreign Regional Banks.  All others are behind these.

You never know when the first step in any given direction (up or down) is the first of many or a one-and-done only to reverse. If you are always focused on buying the strongest, which are the ones leading any given sub-industry up, then in theory you'll end up with a portfolio of strengthening stocks that will hold up best in a market, sector, industry, or sub-industry down-draft. And if they don't hold up, you have risk management steps in place to ensure no individual stock causes undue damage to your portfolio profitability. And with that, your emotional mindset.

Downloadable report

The full stock-by-stock industry report is downloadable at the following link. With no strengthening sub-industries, there are no individual stocks which are buy candidates.