We have artificially propped up market condition with high prices and low volumes on any matrix. Financial sector is not untouched by it. Recent rally in financial sector feels more like a speculation than value investment. But we're all allowed to speculate so power to all market participants. However the rally calls for pullback and there's a easiest trade...
On technical standpoint Facebook still a strongest growth engine of silicon valley. However amid controversy of irresponsibly leaking personal data by third party app created concerns for increased regulation by policy makers and demise of trust among users. Investors have been spooked enough to sell off FB and pushing market value about seven percent on intraday...
Regression and ZIGZAG analysis indicates long opportunity with Schwab etf #FDNE. Trough to trough vector regression been used to predict next trend line inclination. Expect 20 percent returns for upcoming ten months!