CNBC Fast Money Halftime Report August 8, 2017
Volume and a lot of participation, meaning you had a significant number of names in the bank index, all breaking above 50day, 200day moving averages you knew it was on and you knew they would chase these names, because they do it every time. And it didnt have to necessarily coincide with good earnings, but the fact is you had good earnings, and look, i dont see any reason why you would look at this and say, this is a negative. Again, banks are 15 of the s p 500. Theyve been biding their time that is not like something thats been going on for years and years and feels long in the tooth. It coul...