Banks have entered 2019 in good spirits. The KBE bank ETF rallied more than 1 percent on Wednesday, a good start after closing out 2018 with its worst losses in seven years. While the rest of the group rallies, Dick Bove of Rafferty Capital Markets has a warning on one industry leader. "I don't want to touch Goldman Sachs," Bove said on CNBC's "Trading Nation" on Wednesday. "People really don't understand what the issue is concerning Goldman Sachs. It's that they were involved in this huge...

The banks have been under fire this week. The KBE bank ETF has tumbled 6 percent since Monday with major banks like Citigroup and Bank of America tanking by more than 8 percent. After sounding the alarms for the group, Matt Maley, equity strategist at Miller Tabak, has had a change of heart. "I've been very bearish on the group all year long but we're now getting to some levels here," Maley said Thursday on CNBC's "Trading Nation." "If you look at the KBE bank ETF which just has banks in it...

Bank earnings could underwhelm investors, but it won't matter to the market, says veteran analyst Dick Bove. J.P. Morgan and Wells Fargo kick off big bank earnings this week, potentially fueling more gains for the stock market or putting a wrench in this record-making stretch. But forget the short-term noise, the Vertical Group analyst said Tuesday, the bank rally could be explosive this year. "Who cares what happens in the fourth quarter? It's ancient history," Bove said Tuesday on CNBC's...