Jim Cramer Explains How to Trade the Banks Post-Earnings

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Curious about getting into the financial sector?

We got earnings from the majority of the big banks earlier this week. 

That includes Bank of America (BAC) - Get Report , Wells Fargo (WFC) - Get Report , Goldman Sachs (GS) - Get Report , JPMorgan Chase (JPM) - Get Report , and Citigroup (C) - Get Report .

And, now that we're on the other side of earnings, investors may be wondering when it's time to get into the financial sector. 

Is now the time? Here's what Jim Cramer had to say. 

"You know, typically we have an overhang that goes up and then we had this wait three days. They'll be in there buying JP Morgan will be buying. Goldman Sachs will be buying. Citi will be buying aggressively. So I liked the group very much. Those are the three that we own for Action Alerts PLUS," explained Cramer. 

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