EWBC - Next Shoe/Bank to Drop.Controlled Demolition in ProgressGood Friday but not for EWBC and $KRE components.
Controlled Demolition in Progress.
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans).
Same will go for the rest of $KRE = any assets are at deep dis count.
Can't save them all (nor they would want to).
Industry consolidation.
The End.
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EWBC
WAL - Catching falling knife 101Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans).
Same will go for the rest of $KRE = any assets are at deep dis count.
Can't save them all (nor they would want to).
Industry consolidation.
The End.
US10Y has not broken the support yet, all eyes on monthly close.It might appear on daily and shorter time frames that US10Y has broken the trend, dating back to 2020.
Weekly at key support level.
it will save the regionals (yield dives due to massive QE, HTM portfolio's MTM improves) or will destroy them (KRE).
PACW 90% chance the pattern resolves in ... Dive Dive Dive! Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans).
Same will go for the rest of KRE = any assets are at deep dis count.
Can't save them all (nor they would want to). Industry consolidation.
The End.