The Pharmaceutical sector is in the process of multiple
mergers and acquisitions (M&A). Additionally, four of the largest banks announced they are now making money (JPM, BOA, C, WFC). Oil prices have been on the rise recently, and I have noticed a relationship between the VIX and the market level, which, appears to be improving (decreasing). Mortgage rates are under 5%, marking a record low, and the yield curve is sloping steeply upwards. We should be closing in on a turnaround.
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