Great Time to Buy Banks!
The banking stocks have made a significant pullback in the last week. Many are trading at 3 month lows. I think investing in banks is safe now because their tier 1 credit ratings have been improving and foreclosures have been going down for several months. I prefer investing in the regional banks because they have higher volatility. If you think investing in individual banks is too risky you should consider a bank etf. Proshares Regional Bank ETF(kre) or the leveraged Proshares Ultra Regional Bank(kru) is worth a look for the brave.