Banks just posted their sixth straight week of selling—longest streak since 2008. Sentiment is in the gutter, ownership has thinned out considerably.
Historically, when everyone hates a sector and positioning gets this light, you're often looking at a decent contrarian entry point. Not a guarantee, but the setup is there.
Markets love to punish consensus. When the crowd abandons ship, that's usually when value starts to appear—assuming the fundamentals haven't completely broken. Worth watching if you believe the financial system isn't about to implode.
Historically, when everyone hates a sector and positioning gets this light, you're often looking at a decent contrarian entry point. Not a guarantee, but the setup is there.
Markets love to punish consensus. When the crowd abandons ship, that's usually when value starts to appear—assuming the fundamentals haven't completely broken. Worth watching if you believe the financial system isn't about to implode.