look what happen the last time the 'golden cross' occurred with SAN (end of last April)......
upgrade bump today:
"The Spanish banks are outliers to the upside today after HSBC raises ratings across the sector. Both Santander (SAN +2%) and BBVA (BBVA +2.2%) have their Sell ratings removed in favor of Neutrals, while Banco Popular (BPESF.PK) is lifted from Neutral to Buy." 12:32pm