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Is It Time To Bail Out Of The Big 3 Banks?

Adam Hewison - MarketClub

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Today I'm going to be looking at the banking sector and the three big banks. Forget their recent earnings announcements and their history - look at the market action, it's telling a whole different story.

The stocks I will be looking at are JPMorgan Chase & Co. (NYSE:JPM), The Goldman Sachs Group, Inc. (NYSE:GS) and Bank of America Corporation (NYSE:BAC). I will be looking at each of these stocks individually and showing you a pattern that has proven to be very profitable in the past. Each of these stocks potentially could go a lot lower in Q4 and you should know why.

In addition to the bank stocks, I will also take another look at Netflix.com, Inc. (NASDAQ:NFLX) after yesterday's disappointment and see what you should be doing in that stock right now.

Gold and the Euro have been on the move to the upside. I will be looking at those markets as well as crude oil and all of the major indices.

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