{"id":44636,"date":"2017-12-04T14:10:21","date_gmt":"2017-12-04T19:10:21","guid":{"rendered":"http:\/\/www.ino.com\/blog\/?p=44636"},"modified":"2017-12-04T14:10:21","modified_gmt":"2017-12-04T19:10:21","slug":"bank-stocks-lead-way","status":"publish","type":"post","link":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/","title":{"rendered":"Bank Stocks Lead The Way"},"content":{"rendered":"

Hello traders everywhere. Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017. That old standby, the big banks. <\/p>\n

I opened MarketClub's Top Stocks list this morning after the DOW and S&P 500 opened significantly higher to find that Bank of America (NYSE:BAC)<\/a><\/strong> was sitting at the top. In fact, three of the top 5 were big banks. It's a far cry from the tech sector that has been all the rage until recently. <\/p>\n

\"MarketClub's<\/a> <\/p>\n

This change in sentiment is primarily due to tax reform. On Saturday the Senate approved their version of the tax bill in a narrow 51-49 vote after a lot of work on the hill. Once the Senate and House of Representatives reconcile their respective versions of the legislation, the resulting bill could cut corporate tax rates to 20% from 35%.<\/p>\n

The GOP, however, still needs to overcome future obstacles for the Senate and the House to craft a joint bill, which will then be presented to President Donald Trump. Republicans hope a deal will be achieved by Christmas.<\/p>\n

Key levels to watch next week:
\nS&P 500 (CME:SP500)<\/a><\/strong>: 2,557.45
\nDow (INDEX:DJI)<\/a><\/strong>: 23,242.75
\nNASDAQ (NASDAQ:COMP)<\/a><\/strong>: 6,667.31
\nGold (NYMEX:GC.G18.E)<\/a><\/strong>: 1,292.50
\nCrude Oil (NYMEX:CL.F18.E)<\/a><\/strong>: 57.29
\nU.S. Dollar (NYBOT:DX.H18.E)<\/a><\/strong>: 94.22
\nBitcoin (CME:BRTI)<\/a><\/strong>: 5,645.66<\/p>\n

Every Success,
\nJeremy Lutz
\nINO.com <\/a>and MarketClub.com <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hello traders everywhere. Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017. That old standby, the big banks. I opened MarketClub's Top Stocks list this morning after the DOW and S&P 500 opened significantly higher to find that Bank of America (NYSE:BAC) was sitting […]<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6727,5924,9163,9201,6249,9202,6320,6319,9203,9156],"class_list":["post-44636","post","type-post","status-publish","format-standard","hentry","category-general","tag-alibaba-group-holding-limited-nysebaba","tag-bank-of-america-nysebac","tag-bitcoin-cmebrti","tag-crude-oil-nymexcl-f18-e","tag-dow-indexdji","tag-gold-nymexgc-g18-e","tag-nasdaq-nasdaqcomp","tag-sp-500-cmesp500","tag-u-s-dollar-nybotdx-h18-e","tag-williams-sonoma-inc-nysewsm"],"yoast_head":"\nBank Stocks Lead The Way - INO.com Trader's Blog<\/title>\n<meta name=\"description\" content=\"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bank Stocks Lead The Way - INO.com Trader's Blog\" \/>\n<meta property=\"og:description\" content=\"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\" \/>\n<meta property=\"og:site_name\" content=\"INO.com Trader's Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/inocom\/\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-04T19:10:21+00:00\" \/>\n<meta name=\"author\" content=\"The INO.com Team\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"The INO.com Team\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\"},\"author\":{\"name\":\"The INO.com Team\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\"},\"headline\":\"Bank Stocks Lead The Way\",\"datePublished\":\"2017-12-04T19:10:21+00:00\",\"dateModified\":\"2017-12-04T19:10:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\"},\"wordCount\":230,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"keywords\":[\"Alibaba Group Holding Limited (NYSE:BABA)\",\"Bank of America (NYSE:BAC)\",\"Bitcoin (CME:BRTI)\",\"Crude Oil (NYMEX:CL.F18.E)\",\"DOW (INDEX:DJI)\",\"Gold (NYMEX:GC.G18.E)\",\"NASDAQ (NASDAQ:COMP)\",\"S&P 500 (CME:SP500)\",\"U.S. Dollar (NYBOT:DX.H18.E)\",\"Williams-Sonoma Inc. (NYSE:WSM)\"],\"articleSection\":[\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\",\"url\":\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\",\"name\":\"Bank Stocks Lead The Way - INO.com Trader's Blog\",\"isPartOf\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#website\"},\"datePublished\":\"2017-12-04T19:10:21+00:00\",\"dateModified\":\"2017-12-04T19:10:21+00:00\",\"description\":\"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/\"]}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.ino.com\/blog\/#website\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"name\":\"INO.com Trader's Blog\",\"description\":\"Expert Charts, Trading Tips and Technical Analysis from INO.com\",\"publisher\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.ino.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.ino.com\/blog\/#organization\",\"name\":\"INO.com Trader's Blog\",\"url\":\"https:\/\/www.ino.com\/blog\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"contentUrl\":\"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg\",\"width\":400,\"height\":472,\"caption\":\"INO.com Trader's Blog\"},\"image\":{\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/inocom\/\",\"https:\/\/www.linkedin.com\/company-beta\/1056449\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280\",\"name\":\"The INO.com Team\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg\",\"caption\":\"The INO.com Team\"},\"url\":\"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Bank Stocks Lead The Way - INO.com Trader's Blog","description":"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/","og_locale":"en_US","og_type":"article","og_title":"Bank Stocks Lead The Way - INO.com Trader's Blog","og_description":"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.","og_url":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/","og_site_name":"INO.com Trader's Blog","article_publisher":"https:\/\/www.facebook.com\/inocom\/","article_published_time":"2017-12-04T19:10:21+00:00","author":"The INO.com Team","twitter_card":"summary_large_image","twitter_misc":{"Written by":"The INO.com Team","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/#article","isPartOf":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/"},"author":{"name":"The INO.com Team","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280"},"headline":"Bank Stocks Lead The Way","datePublished":"2017-12-04T19:10:21+00:00","dateModified":"2017-12-04T19:10:21+00:00","mainEntityOfPage":{"@id":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/"},"wordCount":230,"commentCount":0,"publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"keywords":["Alibaba Group Holding Limited (NYSE:BABA)","Bank of America (NYSE:BAC)","Bitcoin (CME:BRTI)","Crude Oil (NYMEX:CL.F18.E)","DOW (INDEX:DJI)","Gold (NYMEX:GC.G18.E)","NASDAQ (NASDAQ:COMP)","S&P 500 (CME:SP500)","U.S. Dollar (NYBOT:DX.H18.E)","Williams-Sonoma Inc. (NYSE:WSM)"],"articleSection":["General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/","url":"https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/","name":"Bank Stocks Lead The Way - INO.com Trader's Blog","isPartOf":{"@id":"https:\/\/www.ino.com\/blog\/#website"},"datePublished":"2017-12-04T19:10:21+00:00","dateModified":"2017-12-04T19:10:21+00:00","description":"Traders have apparently decided that an old standby is where they want to invest vs. the hottest sector of 2017.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wwwtest.ino.com\/blog\/2017\/12\/bank-stocks-lead-way\/"]}]},{"@type":"WebSite","@id":"https:\/\/www.ino.com\/blog\/#website","url":"https:\/\/www.ino.com\/blog\/","name":"INO.com Trader's Blog","description":"Expert Charts, Trading Tips and Technical Analysis from INO.com","publisher":{"@id":"https:\/\/www.ino.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.ino.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.ino.com\/blog\/#organization","name":"INO.com Trader's Blog","url":"https:\/\/www.ino.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","contentUrl":"https:\/\/www.ino.com\/blog\/wp-content\/uploads\/2018\/12\/inologo-400.jpg","width":400,"height":472,"caption":"INO.com Trader's Blog"},"image":{"@id":"https:\/\/www.ino.com\/blog\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/inocom\/","https:\/\/www.linkedin.com\/company-beta\/1056449\/"]},{"@type":"Person","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/d86a8cce826b7bd105200d88bb28a280","name":"The INO.com Team","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.ino.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/cb06ce065c1db526fc31f4d08d898a30?s=96&d=identicon&r=pg","caption":"The INO.com Team"},"url":"https:\/\/wwwtest.ino.com\/blog\/author\/the-ino-com-team\/"}]}},"_links":{"self":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/44636"}],"collection":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/comments?post=44636"}],"version-history":[{"count":0,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/posts\/44636\/revisions"}],"wp:attachment":[{"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/media?parent=44636"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/categories?post=44636"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wwwtest.ino.com\/blog\/wp-json\/wp\/v2\/tags?post=44636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}