"Financial stocks are holding their own and still going up."
Indeed, financial stocks have led the overall market up and down in each of the last eight years.
First, financial stocks would have to match the market's return for the next few weeks.
Or are financial stocks, which have been market leaders for several years, past their peak?
Financial stocks were up more than 150% during this rally.
Despite yesterday's rise in interest rates, many big financial stocks did well.
By May 9, financial stocks had rallied more than 150% in just over two months.
Within financial stocks, there is still a compelling story in the insurance group.
Financial stocks have often done well when the Fed cuts rates.
A broad index of financial stocks fell almost 4 percent.