Once again an analysis based on technical performance and lip service to the fundamentals,
I like SKF because I hate the banks, I've lost some mony but when the financials feel pain I feel so much better...
market psychology is important too - look at the reality of the 10 year bond at 3.93% and 30 year mortages at 5.5+% and it doesen't seem unreasonable to expect investors to come to their senses and start taking massive profits on XLF components.
don't mind me, I don't know squat,
I just have a bad feeling about this bear market rally,
Banks: Systematic and Non-Systematic Risk [View article]
Another quite reasonable alternative is to just give up on the financials and go short by buying XKF.
The world economies are heading for trouble with commodity demand and inflation is a very real concern, stagnation and poor performance in domestic banks will probably follow.
Banks: Systematic and Non-Systematic Risk [View article]
Another quite reasonable alternative is to just give up on the financials and go short by buying XKF.
The world economies are heading for trouble with commodity demand and inflation is a very real concern, stagnation and poor performance in domestic banks will probably follow.
Why bother with financials right now? I don't think we'll misss the boat on these companies, run by scumbags, they won't raelly come back until after the election results are in. and maybe not even then.
Markets Are at a Crossroads [View article]
I like SKF because I hate the banks, I've lost some mony but when the financials feel pain I feel so much better...
market psychology is important too - look at the reality of the 10 year bond at 3.93% and 30 year mortages at 5.5+% and it doesen't seem unreasonable to expect investors to come to their senses and start taking massive profits on XLF components.
don't mind me, I don't know squat,
I just have a bad feeling about this bear market rally,
BDO
Banks: Systematic and Non-Systematic Risk [View article]
The world economies are heading for trouble with commodity demand and inflation is a very real concern, stagnation and poor performance in domestic banks will probably follow.
Good luck.
Banks: Systematic and Non-Systematic Risk [View article]
The world economies are heading for trouble with commodity demand and inflation is a very real concern, stagnation and poor performance in domestic banks will probably follow.
Good luck.
Financials Back to Oversold [View article]
SKF and SRS are the way to go in the meanwhile,
I hate banks!
BDO