Did You Bank on It?

During the height of the banking panic, investors sold bank stocks like they were going out of style.

But today, JPMorgan Chase (JPM) and Wells Fargo (WFC) reported killer earnings numbers, and the stocks shot up this morning… as did the shares of many bank stocks. JPM even hit a new 52-week high.

Here’s a look at how much has changed for JPM and WFC from the March crisis until now:

Banks

Three groups of people have made money from bank trades lately:

  1. Members of Trade of the Day (ahem, that’s you)
  2. War Room members
  3. Bank insiders.

I have been pounding the table on bank stocks right here in Trade of the Day, and we are loaded to the gills with bank plays in The War Room, including positions in BAC, USB, SCHW and SOFI.

But if for some reason you didn’t get in on any bank plays, it’s not too late.

There’s more – much more – to be had from this sector.

In fact, I gave an entire presentation on bank stocks on Tuesday – BEFORE JPMorgan’s and Wells Fargo’s earnings came out.

I shared with the audience exactly WHY they should be ignoring the noise and following the money into the banking sector.

You see, bank insiders have spent over $700 million on their own shares this year. Warren Buffett has invested over $1 billion in bank stocks this year alone!

The “banking crisis” was misunderstood, and many, many banks are still trading at ridiculously low valuations.

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YOUR ACTION PLAN

I urge you to watch the presentation right now. You’ll learn the secrets of insider trading, including what I look for specifically. You’ll also learn why the banking sector is still cheap, examples of which banks insiders are buying and so much more!

Click on this link and join the profits parade!


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FUN FACT FRIDAY

Is Your Banker’s Flashy Watch Even Real? According to the CEO of Watchfinder & Co., nearly half of all Rolex watches are fakes.