Probe of Citigroup et al Could Hit Financial ETFs [View article]
Net effect = $0. Wallop, I don't think so. Old news, new day. This sort of thing has gone on for years, and will continue to go on for years. New faces, new games.......but it will always be that way. It's a catch me if you can world. Only a very short term effect if anything. If banks are going to go up near term, then they will. Shorts may run in for a short term profit and the longs will wait until they cover. I see it as win-win news for traders. That's all.
Sort by:
Latest | Highest ratedProbe of Citigroup et al Could Hit Financial ETFs [View article]
Banking Sector: Band-Aids Just Won't Do It [View article]