Investors can buy almost any bank for the next week, Cramer said, as this group emerges from the black hole into which the credit crisis had pulled it. In fact, he called this a once in a lifetime move in the financials.
Friday marked the close of yet another week of gains, something we’ve seen consistently since early March. In addition to the banks, the oils were up today as well. Tech, the other leader in this market, also had a good day, with the Nasdaq closing 1.3% higher. We will continue to see this kind of action,, as long as skeptics refuse to believe in this rally.
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