Smart money is leaving financial sector to industrial. Watch the over 3% gain for GE Friday. How many times have you seen GE up over 1% in a day? Even GS only get 5% gain for their rosy earning report. MS is way weaker than GS. Check their balance sheets. Why MS delay bonus for employees? Does it sound weird if GS is really making tons of money as the earnings report said.
not delaying...re-calculating LOWER bonuses....cutting expenses, laying off non-essential personnel = higher eps...that's what the "smart money" sees in MS....get a clue and try actually reading the SEC earnings filings...wow...what a nitwit! ...long and calm w/MS as it makes new highs over the next Q...looking for $27+ ...easy!
Like you actually know what "smart"money is doing? No, sorry but the financials are making money. It's fairly obvious to anyone who knows how to read financial reports.
You will soon find you are on the wrong side of the trade. We are heading to the 30's