CNBC Options Action June 11, 2017
We start tonight with a move in the financials because while tech stocks took it on the chin today, the banks actually surged the xlf rallying 2 , posting its best week since early december, this as bank of america, wells fargo, jpmorgan and citigroup were all up 2 or more the rally on the heels of a dodd frank rollback ahead of the key fed meeting next week. So, is the bank trade on track or should you fade this move dan . Listen, you mentioned the two events, theyre pretty well known. Its important to mention this week we know that the fed is going to raise 25 basis points next week. What ha...