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Banks

Letting the Banks do what the Banks want to doBoom. Entering London Session. Im pretty bullish on this pair for the time being. DXY is shooting so its only right for this pair to drop. Im expecting for the banks to push price against the trend and then continue pushing up. I have a fib zone drawn on the four hour in which price is currently in. My entry is near the .618 zone as well as a QP. Hopefully price is pushed down this low because id be very confident in this entry. I have a pretty small first SL in the case that I enter the trade and if I am wrong. This is definitely a trade I feel I should take. We shall see.
Long
by RichCalvin
In a weakened banking sector, Credit Suisse stands outI've just finished reading through Moody's analysis of Friday's Fed stress test of banks. Honestly, a lot of it was over my head. However, from what I can tell, it looks like Credit Suisse may be the best positioned of the big banks to weather this crisis. In the Fed models, CS survived with more Tier 1 capital than any other bank, beating most of them by a wide margin. CS also has little exposure to loan losses. Here's the link to the Moody's report: www.moodys.com CS looks attractively priced at 8.53 forward P/E and 0.6 PEG. Its Starmine Equity Summary Score is 9.9/10, meaning that analysts widely regard the stock as a "buy." I'm generally bearish on banks as we head into the July earnings season, but it looks like this may be a gem in the rough, a quality company that's been unduly punished along with the rest of the sector.
NYSE:CSLong
by ChristopherCarrollSmith
Ugly Chart and Bad Fundies for BanksExpecting something like this to play out with KRE (regional banks). So many headwinds for banks going forward, even if we avoid any further Corona problems (big if), we are expected to be in a zero or negative rate environment for years to come. Just look at what happened to Japanese and European banks under those conditions for long timeframes. It's not pretty. Plenty of room to the downside after breaking through the primary wedge support line. Next stop looks like $33 area. Would expect some sort of bounce there before resuming downtrend to test the march lows. Position: 12/18/20 25p Would reassess if genuine reflation and growth begins in the economy. Long duration on the option so even if next move in stocks is upwards I plan to diamond hands these.
AMEX:KREShort
by ZChartDoc
5
DAX Has More Upside Potential! BUY GER30 Hi traders we have another contraction and expansion strategy here with 5 triggers and the final one has been completed with a pull back to 61.8 Fibonacci retracement after yesterday's rally and we are seeing the market now on the verge of resuming it's recovery after the huge drop we had during the COVID-19 period and I think there's a very good chance that we will see an upside move in the next few days! Good luck and good trading guys
FX:GER30Long
by Joseph_Yabwa
3
RBL bank : Buy and Hold for months !!Hello friends, it takes hours to analysis charts bt likes take a second if you really like my ideas then like us and comment us for any queries. If you are a CNC lover then you can invest in RBL, Now it's below the lower value and after continuously dropping and makes 0.618 fib level completed their 5 the wave. Now its time to move toward control price Expecting good returns from it !! All fib levels are targets Thanks Like, share and comment
NSE:RBLBANKLong
by Trading_buddy
2