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CNBC Mad Money January 9, 2017

And im not as crazy about it as id like to be. Its a major reason why the dow still continues to elude 20,000 again. The average ended up dipping 76 points. S p declined 0. 35 even as the nasdaq advanced to a new alltime high, up 0. 19 . Exhibit a in the Great Expectations game, the banks. The bank stocks have been the leader of this rally. The banks are practically the be all and end all of this rally, led by Goldman Sachs and jpmorgan. Theyve got a phrase on aircraft carriers when navy pie lots are about to land. They say coming in hot. These two are the essence of coming in hot, maybe too hot. Bank of america is in the same boat. Its fallen from 17 to 22 since the election. Only wells fargo has lagged. Surely its jumped nearly ten bucks when trump scored his upset victory. The issue with these stocks, so violate of the next leg of the rally is they need interests rates to go higher if theyre going to keep rising, and Interest Rates seem do have peaked for the moment. Sure, many gove

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