My local Bank is Begging for a Short It looks like a fully mature 5 wave move that has broken a rising wedge structure #RunYourBank #RetailStressTest
Sir John Templeton said: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” Pessimism: Following the 2008 crisis, the global economy was engulfed in a cloud of pessimism. Investors were gripped by fear and uncertainty as financial institutions crumbled, economies contracted, and unemployment soared. Stock markets...
Description: In the chart above I have provided a semi-macro analysis of SPY that compares ongoing market rally and past rallies within the range of 420 & 360 Points. Points: 1. Price Action is fast approaching 420 Resistance that has been indicative of a turn around for past 4 rallies that failed to break the 420 LEVEL. 2. First 2 rallies under the 420...
The last cycle expansion phase or the euphoric stage, has already occurred between 2020 and 2021. Sir John Templeton said: “Bull markets are born on pessimism, grown on skepticism, mature on optimism, and die on euphoria.” Reference of Nasdaq: E-mini Nasdaq-100 & Opt Minimum fluctuation 0.25 index points = $5.00 Micro E-mini Nasdaq-100 Index & Opt Minimum...
This will be the 2 questions we will be discussing today 1. So, what is happening on this divergence and its implication? 2. And who is leading who? a. Large cap leading the mid-to-small cap market? Or b. The mid-to-small cap leading the large cap market? The answer: The mid-to-small cap is leading the large cap market and why is it so? If...
In 2008 the Market rallied after the Bear Stearns collapse near March Trip Witch. Other banks stepped in to buy it up and disaster was averted! Or rather a 6 month stay of execution for the rest of them... The week of Sept 15th Lehman Bros collapsed, followed the next week by WaMu, then the next day by Wachovia. Wachovia would've probably survived if the other...
• First, the bank run APPEARS to have stabilized • Second, the inflation SEEMS to be taming Do not be complacent, keep on keeping track of the coming market developments. Just like what Jerome Powell said on the 3rd May after the latest interest rate hike, in the meeting conference, he said “We will take a data-dependent approach, our future policy will depend...
Russell represents the true economy of United States. There are 2,000 medium size companies with each value between $300m to $2b. The index includes a diverse range of companies from various sectors, including financials, healthcare, consumer goods, industrials, and technology. In my opinion Russell represents the true economy of united states. If the bank run...
We have an inverted yield curve today - When the near end yields or interest rates is higher than the far end, we have an inverted yield. What is its implication and any attributes? To understand the implications of an inverted yield curve, it is crucial to know what a yield curve is and how it works. A healthy yield curve – It shows the relationship between...
Merely an update to my previous idea. And well... I started this idea before the bell, and it was $3.51 at the time. It's now $2.01 post as of typing this but that will be different already. I think I will just post this as is, because it's moving too quickly to make any rational conclusions. To be noted, every time $15 was broken, the market dumped it below...
As First Republic Bank continues to slide down the charts (still ongoing at the publishing of this idea), talks about another bank run happening is starting to resurface again. How valid is the claim that people will flee to crypto as things get worse in the banking system? (Especially with people like Balaji, that claims that Bitcoin will hit HKEX:1 ,000,000 by...
If you haven`t sold crypto`s favorite bank, SI Silvergate, here: Then you should know that Silvergate Capital Corp, the parent company of Silvergate Bank, announced its closure and liquidation of assets on Wednesday. Shortly after, New York state banking regulators closed down Signature Bank to prevent the fallout from the failure of Silicon Valley Bank. ...
I think BAC Bank of America is one of the few beneficiaries of the small banks bank run that we are witnessing today. Big banks are the safest places where you can place your money right now. Looking at the BAC Bank of America options chain, i would buy the $30 strike price Calls with 2024-1-19 expiration date for about $2.85 premium. Looking forward to read...
Gold rush up accordingly to each major news during the bank run crisis in March. Problem seems to subside for now. We will explore the possibility of a contagion effect to a wider bank run in this video. A story of having too much money problem • It is a bank – need to pay interest to depositors • During pandemic - invested 10yrs bonds yield average...
It's a personal opinion of mine that psychological levels, whole number resistance and support, should have this much control over price action. Psychological levels have the most effect when there's extremes of emotions. I feel it's rather self-explanatory. It's either going towards zero or it's getting bought to prevent it from hitting the pavement. The...
Gold started its rally since 2000. Whereas inflation and interest rates remain low since 2000. Reason for the "Borrowed Time"? Because easy money policy was needed to create: 1) An increase in money supply 2) By lowering its interest rates Purpose for easy money policy? 3 major events after 2000: 1) Middle East War 2) Subprime crisis 3) Covid-19 rescue...
FRC First Republic Bank received uninsured deposits of $30 billion on Mar 16, 2023, from 11 banks of the country: Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, PNC Bank, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, Truist, and U.S. Bank. I know it`s a risky trade, but i believe this recue...
SIVB SVB Financial Group Buyout or Bail Out, the only options! SVB was the second-largest banking failure in the history of the United States! Only 2.7% of Silicon Valley Bank deposits are less than $250,000. Meaning, 97.3% aren't FDIC insured, resulting in over $160 billion of uninsured customer deposits. Roughly 50% of the US venture capital-funded startups...