Why is Banking still a BUY?

We have come a long way to all positive signals on the banking sector from our first anticipated reversal call on 7 Sep 2012 review. It was then we said that the bleeding banking sector was a contrarian bottoming entry. On 24 Oct 2012,set the bottoming became accumulate.
Out of the 39 components 11 bankings stocks have running buy signals for near 100 days with an average return of 20%. Now one may ask why is it still a buy? A few reasons, just 8 of the 39 banking sector components are still above 50 per centile performance ranking. This means that the majority of banking components are still inexpensive and undervalued.
To create a short list of buy entries from the current list, we ran a small query on the banking list. Which are the positive banking stocks that are positive Jiseki, positive price trend and less than 5% from review levels. The reason we just look at 5% from review levels is a two in one condition. First that the stock is in a clear buy zone and second it is not too far from where it became a BUY.
Too see which stocks made the list check the latest banking special.

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