But what is most important is that, once again, the small banks are on fire, and this time it is my fave, Huntington Bancshares (HBAN), bursting out from where it did the deal. I didn't want a deal. I didn't think it needed to do one. But you are now up 30 cents from where the deal came, and I think that means the magic of the bank secondaries is back. Once again, people despise the new supply and then lap it up.

Could Synovus (SNV) be next? I will say this: Huntington is a much better lender than Synovus. But Synovus is way too low and way too low below its offering,

I would also circle back to some of the other low-digit banks, including Citigroup (C) and Fifth Third (FITB).

I would also circle back to some of the other low-digit banks, including Citigroup (C) and Fifth Third (FITB).