The market limped into the weekend primarily because of limited catalysts and a monster three-month rally.

Financials In Focus

It did catch my attention, however, that Financials (XLF) was the worst-performing sector. There are several narratives at work.

Checking out the top financial performers of the week, four things jump out.

• Bitcoin has arrived (COIN)
• Private Equity could be ready to stage a significant rally (Apollo Global Management (APO), Blackstone (BX), and KKR & Co (KKR)
• Regional banks may get a bid
• Where are the money-center banks?

Financials set the pace for earnings season later in the week.

The hunt for large-cap value has involved digging around the Dow Jones Transportation (TRAN) Sector, which reversed back above the 50-day moving average.

The post-holiday blues are over, and the earnings and economic calendars are filled to the brim.

Let’s get ready to rock and roll.

Today’s Session

Lots of traffic chatter this morning, otherwise it’s all quiet on the Western Front. But, not for long