This is sending account balances soaring

Account balances are being pushed higher and higher by an overwhelming trend, but this could be the very beginning.

Just imagine strapping your account income to the side of a rocket and watching as it launches upwards.

Well, this particular money-rocket has just taken off. Now YOU have the chance to hop on board before it starts soaring into the clouds, taking the number you see under “account balance” soaring with it…

As the stock market now toils around at all-time high levels, it’s easy to forget that it’s been an incredibly hectic year for stocks.

January’s market tumble dragged virtually everything on Wall Street down with it, and that certainly includes banks, which were hit even harder than most everything else.

And that descent also helped to carve out a downward trend for the financial sector that started from the peak in July of 2015.

But here’s why financials have gone from a total dud to a money-rocket that’s lifting off…

What you’re looking at above is the chart of the financial sector thanks to StockCharts.com.

See that blue line that I’ve drawn in the top right corner of the graph? That’s the top of the downward trend we just discussed. Now I want you to turn your attention to the very end of the graph, where you can see the price of the financial sector ETF climb over that blue line.

That’s what’s called a breakout, and a breakout can mean big money on Wall Street!

What you aren’t able to see in the chart above is the short-term line of resistance, at about $23.75, that the financial sector hasn’t been able to climb over…until last Friday, that is.

But last week ended with a bang for financials as it broke through resistance and added this show of strength to its breakout from the downward trend.

All of that mixed together has lifted the account balance of anyone invested in financials, whether it’s an individual bank stock or the financial sector as a whole.

And the momentum of financials is telling us that this is just the beginning.

Hopping on to this money-rocket could mean easy money for as long as this new upward trend continues!