Seven major financial stocks are down 11% to 25% from their peaks. Is the Bankpocalypse here?
The biggest US banking institutions are quietly bleeding out from their summer peaks.
Goldman Sachs (GS) has officially broken down, collapsing -24% from its all-time high.
Capital One (-25%), Bank of America (-19%), Morgan Stanley (-19%), Wells Fargo (-18,5%), Citigroup (-15%) , JPMorgan (-11%).
https://www.investmentwatchblog.com/seven-major-financial-stocks-are-down-11-to-25-from-their-peaks-is-the-bankpocalypse-here/