Nike s Take A Knee Pattern Revealed

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Nike s Take A Knee Pattern Revealed

Housing starts released today gave pleasant surprise to a key sector of the market. Financial Intelligence Training (FIT) students will know that sector is the financials and they will also know why that such an area important to watch as it may help gauge the market’s strength or weakness. So why the lift in XLF? Well the better than expected data had the 10-year jump, sending the yield to over 3.08%. This is thought to help the banks with their spreads, in turn fattening profits. FIT students will also know that another gauge of a healthy market is strong stock patterns. Join me in today’s talk from the Charlotte airport as we discuss this, along with the the Colin Kaepernick saga and NKE’s earnings.