Pete is back this week with his take on the markets. During his market review, Pete talks about why the markets are soaring today on the news of the nomination of Jerome Powell for a second term as the chairman of the Federal Reserve. He then takes a deep dive into the Financial Sector (XLF) and finds some surprises in the top names. Banks are in focus as rates are expecting to rise.
Pete covers the current mid-day market action. U.S. equities are mostly lower while value and growth are in line again - strangely working together and not against each other as they usually do. In the health care sector Pete is takes a look at two very bullish names and two that are experiencing...
