With the SP500 making new highs the financial and banking sectors have entered a full-blown bear market. Companies like JP Morgan who do share buybacks and have a killer trading division (which masks other suffering divisions) are expected to survive, but with credit card and mortgage defaults increasing daily this sector is expected to continue suffering for a while longer. Watch my video below to learn more.
CLICK ON THE IMAGE BELOW TO VIEW THE VIDEO
If you want to stay ahead of the markets with Chris’s analysis, then subscribe to the Technical Trader newsletter and trade alert service today!

- Oil prices remain volatile. The Reserve Bank of Australia signals further rate hikes May 19, 2026
- Gold Recovers Some Losses: What’s Driving the Market? May 19, 2026
- Economic activity in China is slowing. Silver has fallen by more than 8% May 18, 2026
- USD/JPY Rises for Sixth Straight Day: Yen Back on the Cusp of Intervention May 18, 2026
- Optimism surrounding the US-China summit in Beijing supported the markets May 15, 2026
- Gold Falls on US Inflation Concerns as Week Ends in Losses May 15, 2026
- The oil market may remain in a state of severe supply shortage until autumn May 14, 2026
- GBP/USD Under Policy Pressure: What Lies Ahead for the Prime Minister? May 14, 2026
- European stock markets declined amid rising concerns about an energy crisis May 13, 2026
- USD/JPY Continues to Climb Amid External and Domestic Pressures May 13, 2026