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Chart Patterns are nothing but Footprints of the Greenbacks.
Saturday, August 13, 2011
Post 2008 international bank performance
Here’s the legend of a small sampling of international banks but interesting nevertheless:
Black: Bank of Montreal ($BMO), Green: TD Bank ($TD), Blue: JP Morgan ($JPM), Purple: Banco Santander ($STD), Red: HSBC ($HBC), Orange: Bank of America ($BAC), Yellow: Citibank ($C), ,
Note how they look like they converge near the bottom of the 2008 crisis and how differently they rebound (especially the top two Canadian banks).