Financial Sector To Lead The Way As Recession Is Already Priced In

<p>Bank stocks like Bank of America (BAC), Citigroup (C), JPMorgan Chase (JPM), and Goldman Sachs(GS) traded higher on the day. "I own some bank names, so I hope that the financial sector continues to lead the way. A recession was already priced into it. Bank of America (BAC) earnings report is to be released on Monday, July 18th in the pre-market. Most investors are defensive," says David Nelson.</p>