Over the past 2 weeks I have taken up positions on a few US regional banks including
WSBC ,
TFC ,
USB ,
KEY
They are relatively small positions given the concerns over liquidity and interest rates. However the chart is looking bullish on all timeframes up until the weekly so there is some big money involved. For US banks I prefer regionals and avoid major cities with high crime rates. Crime and anarchy are major impediments to the accumulation of wealth
They are relatively small positions given the concerns over liquidity and interest rates. However the chart is looking bullish on all timeframes up until the weekly so there is some big money involved. For US banks I prefer regionals and avoid major cities with high crime rates. Crime and anarchy are major impediments to the accumulation of wealth
Trade active
Took partial profits today on WSBC and TFCTrade active
Further reduced my position on WSBC, TFCExited KEY as position is now in a small loss
Maintaining long on USB
Trade active
Trimmed USB too as momentum is fadingDisclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.