Taking Profits on the Euphoria Stampede [View article]
Anybody staying short the big banks going into an earnings season for which many CEO's have given veiled guidance about how well things are going has NO BUSINESS giving financial advice to anyone and should be cautious managing their OWN portfolio.
Even the blind could see that BAC had been irrationally beaten down way too far and was due for a rise. Still the case IMHO. I'd be holding through earnings and DEFINITELY would NOT be short the financials.
Taking Profits on the Euphoria Stampede [View article]
Even the blind could see that BAC had been irrationally beaten down way too far and was due for a rise. Still the case IMHO. I'd be holding through earnings and DEFINITELY would NOT be short the financials.