Large Banks Hot, Could Small Banks Be Next? - Voice of the People

Zacks' Voice of the People Highlights user inthemoneystocks: "Large Banks Hot, Could Small Banks Be Next?" from the People & Picks community.

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Large Banks Hot, Could Small Banks Be Next?

Stocks like Goldman Sachs Group, Inc. (GS), Bank of America Corporation (BAC) and JPMorgan Chase & Co. (JPM) have been ripping higher of late and today is no different. They are all shooting higher by three percent or better on bullish news from Bank of America.

While these stocks are too hot to short yet too high to buy, the real key may be in the small regional banks. Many of these small regional bank stocks are near or at their lows and have yet to run higher. In addition, many of these plays have a high level of shorts and could also be buyout candidates to the bigger players.

The key is to find the plays at the lows of their respective charts and find the ones with solid bases or bullish consolidation. These plays could have monster moves in January after tax loss selling has now been completed. With the big banks rushing higher, the little banks are sure to see some speculative money in the next few weeks.

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