Representing Evansville, Indiana

The rotation into financials is showing signs of follow-through today, which is all the more impressive when you consider the market at-large remains mixed, at best, into the afternoon. 

Regional banks are slightly outperforming their larger counter-parts today. So, let us focus on an actionable idea on that sector. 

Based in Evansville, Indiana (and home to Lilly King, pictured above, who backed up her chirping during the Olympics with winning performances, as well as Don Mattingly and Calbert Cheaney), Old National Bancorp may be the next in line to sustain a breakout. 

On the daily timeframe, below, note the high and tight price consolidation after the bank's surge above all daily chart major moving averages. If ONB can hold over $14, I am looking here for a long idea. 

We also have a few others on the radar for Members, which I will update in my usual Midday Video.