1. Steepening Yield Curve
2. High GDP Growth, which will boost loan growth
3. Lower credit losses supported by fiscal stimulus
4. Accelerating job growth, which should drive up consumer spending, improve credit outlooks further & enable accelerated reserve releases
5. Accelerating buy backs
*Fed to end its temporary restrictions on most banks paying dividends and buying back shares after June 30
Found support at the 50day (orange)
Stoch RSI, Buy signal
2. High GDP Growth, which will boost loan growth
3. Lower credit losses supported by fiscal stimulus
4. Accelerating job growth, which should drive up consumer spending, improve credit outlooks further & enable accelerated reserve releases
5. Accelerating buy backs
*Fed to end its temporary restrictions on most banks paying dividends and buying back shares after June 30
Found support at the 50day (orange)
Stoch RSI, Buy signal