Intersting Items: Banks Compared to The Mining Sector

The bulk of the current rally has been on the back of the banking sector, now that the rally is starting to pull back I expect that the banks will be the one who struggle to provide growth and expect in the short term will pull back and investors take profits. 

The chart below compares the banks to the mining sector.

As highlighted over the past 12-months the mining stocks have pulled back (Blue) while the banks have recorded outstand gains (Red). 

The gap between the two sectors is concerning, as such we expect to see a pull back in the banking sector.