U.S. Markets closed

Banks soar as earnings flood in, and some see more gains to come

Rebecca Ungarino

Financials surged on Monday following strong Bank of America BAC earnings, with peers such as Citigroup C , Wells Fargo WFC and Goldman Sachs GS rallying on the day. As investors navigate the onslaught of big bank reports and volatility in the financial sector, some market watchers are anticipating further upside ahead. Ahead of reports this week such as Goldman Sachs, reporting Tuesday morning, and Morgan Stanley, reporting on Wednesday, Michael Bapis of the Bapis Group at HighTower Advisors told CNBC’s “ Trading Nation ” why he’s uber-bullish on the big banks.