Banks
KRE - Regional Bank SpankWither the Banking Sector... by design.
All part of the Plan.
Larger Regional Banks will become the very next too-big-to-fail entities.
A good old-fashioned rollup, kinda like Bush Sr's criminal S&L Scandal Part tres.
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Bank on it.
A threat to financial stability?
M&A isn't going to go all too smoothly.
$CRK oil hedge 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team entered oil company Comstock $CRK at $20 per share. Take profit is unknown but the set-up looks very promising.
Entry: $20
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Banco Santander bearish scenario:The technical figure Triangle can be found in the Spanish company Banco Santander, S.A (SAN.mc) at daily chart. Banco Santander, S.A., doing business as Santander Group, is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by Financial Stability Board. The Triangle has broken through the support line on 14/06/2022, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 22 days towards 2.3990 EUR. Your stop loss order according to experts should be placed at 3.0510 EUR if you decide to enter this position.
Banco Santander has a leadership position in loan and commercial services in Spain, Italy, and other countries. Additionally, it also has a considerable market share in terms of deposits in the U.K. It recently made inroads in the U.S. market with the acquisition of Sovereign Bancorp. Furthermore, it has a healthy exposure to Latin America and some of the top emerging markets. Its business has been booming in the past year, with double-digit growth in its top-line results. Also, its free cash flows are at a spectacular 45.3 billion euro, with an eye-catching dividend yield of 13.27%.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
KRE - Regional Banks NQBANK XLFOh my, death on a stick once again.
Banks are twisting in the wind.
Health?
Hell No.
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Use the Dollar Tool now.
Forget Stonks they are cooked.
Markets go nowhere without Financials.
Homies' wreckage just beginning.
Bonds are already in ruin.
Crypto, ready for the beating.
Gold, a shiny useless rock.
22% more to go... adios.
$SOFI let's make some more money 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10.
Our current portfolio: $MIRM, $SOFI, $BABA, and $EQX
Our entry: $6.70
Take profit: $10
If you want to see more, please like and follow us @SimplyShowMeTheMoney
pko bp - moving downhi,
situation is very bad. Looking on technical signals - macd is weak in week time frame, below 0 and without any signs moving up.
missing elliot waves - second and third ...
momentum is still moving down without any signs to take a big breath up.
still going down
still to go:
28 pln
then major support level 24 - 25 pln, what next? 18 zl if yes, then the trend is downtrend in long term - 5 years or more
don't catch the wave and moving falling knifes.
6/1/22 KRESPDR S&P Regional Banking ETF ( AMEX:KRE )
Sector: Miscellaneous (Investment Trusts/Mutual Funds)
Market Capitalization: $--
Current Price: $63.44
Breakout price: $66.00
Buy Zone (Top/Bottom Range): $62.20-$56.55
Price Target: $90.00-$91.00
Estimated Duration to Target: 496-509d
Contract of Interest: $ZM 6/16/23 70
Trade price as of publish date: $4.70/contract
bank of america - not looking goodhi,
looking on the big picture, we are in great black hole, i think about a cosmos - as a universe,
rising of costs of goods, rising of rates, credits highs... slowing down economy,
as we know, big players want to play and like to make swings, so do not catch into the nest of the fisherman ...
bank of america - great but looking on pivot and Fibonacci trend, i suppose that bottom is very low ...
i suppose that the index want to hit 25 usd ... there is a strong mayor resistance line - uptrend, if this trend would be attacked and defeated, I suppose that we are going down, then 20 usd and 16 usd ...
4 usd or even low for stock of bank of america in 2009 it was a nice gift from wall street bankers for all people in the world.
all the lines shows that the momentum - split of lines are in 2025 , 3 years to come, we will see.
it depends of the speed and the strike of the index, if it goes fast down, bottoms will be deep, if it will go normal, soft down, i hope that price would stop somewhere.
big problems are automated players, algorithms, waiting right now for they move ... to sell .
Deutsche bank - good to catch a wavehi
deutsche bank is very good for swing playing, it is collateral, joined with EURUSD - if EUR is strong, DB goes up, if weak it goes down,
right now we have a move down, it is interesting in which direction it will go.
there is path down, look on the screen. MACD signal is weak in D frame - DAY - and below 0 going, the same on time frame Week - W - it goes down all the time
These coming 2 week will be going on weakness of EUR, but EURUSD will be moved up some day, USD is going to be too stronger and players will change the game,
remember stock market is not a investment, it is a caching the wave only,
next resistance 8.5 EUR
it is only my idea in my head, not a investment advice, your cash, your decision, your risk.
Wish good luck!
Bank Nifty Intraday StrategyHi Everyone :))
Hope you all are doing good...
Here is all the important levels of Banknifty...........
We can see very clearly that banknifty try to go up from the level of 34700-34800 but face selling from the upper side in the market...
Let's see How to trade today...........
1. If Banknifty open near the level of 34000 or go near the 34000 with out gap down opening then go for the CE till the levels 34400 then 34700
2. If Banknifty open near the level of 34700-34800 then go for the PE till the target of 34400 then 34000
That's all for the day remaining all the levels are marked in the chart very clearly so see chart carefully. Also make your trading system as simple as you can.....:))
Bank of America - it will be a great again like USA? hi,
we have a big problem, because when I look on the Simple Wall Street application I see that lot of managers from top banks sold their stocks of their own banks. I think: Citi, Goldman Sachs, GP Morgan,
Please read also ZeroHedge article about banks in USA, only to summarize it: we have to wait to October to see where will be the index of SPX
in Poland we say - without banks there is no hosanna, bullish market.
There is great back in stocks, lot of selling, people are right now on the cash sitting.
I think that looking on Fibonacci - 25 will be tested, o 20 USD?
Also look if there are more PUT or Call Options.
It is better to wait right now and wait for any signal that it will move up back, on all the market, not only on one stock
There will be up and down, hills and bottom, remember that next hill must be above last one that we can say that market will move then up...
Also there must be a calm down - no more sliding down in quick time ...
$SOFI earnings next week 👁🗨*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
Today my team entered digital finance company $SOFI at $6.70 per share. Our take profit has been set at $10.
Earnings are expected to be reported next week.
Our entry: $6.70
Take profit: $10
If you want to see more, please like and follow us @SimplyShowMeTheMoney
CITI moving on 46 USD then 42 USDhi,
take my example what not to do.
If you invest, remember, try to save your capital and make SL - stop loss. My first mistake. I did not make it.
Take a portion of your capital for example 20% - invest first and wait 2%, if you are on profit, invest another 20%, and wait next 2%. My fault - I invest to much on the beginning.
Or look mainly on the index how it is going, if it is like CITI ticker C moving down, it will still go down.
There is a gap between 40 USD. Right now we go on 46 USD then 42 USD. What next? I don't know. I hope it will move up.
We have to close this gap for sure.
Remember no position - sitting on cash is also a position.
This is my story, I lost 10%, I am happy to receive dividend, hope it helps. I think 0.5 half year to 1 one year sitting and looking how my wallet is shrinking. I suppose maybe 2023 will move back up. Still I have some free cash but I am not sure to buy... for what price.
Yeah.. I made big mistake.
best regards Adas Orlenik
Still you "banking" on Banks ?Bank Nifty has been also working in line with Nifty around 200 day SMA but interesting part on this was that it has been completely below the average for last 10 trading sessions. Strong earnings on ICICI Bank and Axis Bank didn't lead up the sector which shows that how strongly 200 day SMA is working as resistance. Now analyzing further move with Elliot wave then we have initiated our move on Wave C since the high point at 36718 and this move could end near to 33470 which is arrived by calculating it equally to Wave A from 38759-35511.
P.S. Stop loss can be kept at 36950 which is 200 days SMA while reward is 2500+ points.
Citigroup - nice catch a wave hi,
looking on ticker c Citigroup, I see positive move up, I don't know if it is a long wave up or a short term but, I hope that we will go to 56 USD or 60 USD.
There are rates from FED to be raised and as we know banks will increase their income with the rising of them.
Also the stock is undervalued, and we see that there is long term of accumulation of it and moving in the same range.
Please be advised that this type of stock is one of the "biggest" one in the NYSE. In long therm I hope to gain some money on it.
Like always we can see "play" of algorithms and computers - it likes to play with SME - moving average in range M15 and H1.
I hope that it will help.
Look on it in long term.
it is not a investing advise, it is only my opinion, please do not consider it in the light of law for any advise how to invest your money, it is your risk and your luck.
Bank Nifty Intraday StrategyHi Everyone :))
Hope you all are doing good.....
As you all know #Banknifty doesn't give us a good move yesterday over, all banknifty move in range of 36200-36500.
Today is weekly expiry so market will show some good move let's see how to trade.
1. If banknifty give us a good opening and move above the level of 36500 then go for CE till the target of 36900 and if it cross it with good volume then may be banknifty fill the gap and then the target will be 37400......
2. If banknifty give us a breakdown then i'm comfortable to buy PE below the level of 36000 then the target will be 35800 and 35600.
3. If banknifty doesn't give us any breakout or breakdown then as usual buy at support sell at resistance.
That's all for today hope you all like it.
Thank YOU:))
Macro Bubble Tracker v2.1v2.1 - Update broken chart due too trading view changes.
The global loosening cycle is coming starting with china and soon the Fed in the USA will drop the mirage of tightening conditions. (IMO)
Go long in select area with my personal favorite towards commodity exposed value stocks.
$XLF tons of overhead supply ; will the gaps fill?Financials on full display going into earnings . Will those GAPS fill? Keep them on your radar.
#XLF #JPM #C #BAC
Interest Rates continue to rise on 30 year home mortgages and the federal interest rates consumers begin feeling the pain of being both pushed out of the market and every direction they turn.
In most cases higher interest rates help the banks and some could say, “higher rates drive up prices, which increase companies earnings and consumer price index ( CPI );” however, I think many are overlapping the current with past recessions. In most cases that may work – but this time isn’t like any time of our past. The amount of headwinds on the global fronts and out of control printing of debt holistically.
In any case, I am cautious on banks with all the segments of their lives being impacted with oil , shipping, economic contraction, rising rates, etc. not to mention rising wages being outpaced by inflation and poverty increase by x-hundreds of thousands per month.
Tons of overhead supply that could be potential opportunities for entries on rejection. WILL THE GAPS FILL?
** What happens when households cannot afford to acquire loans and it’s too late for them to refinance their homes… just food for thought.
EURCHF EURCHF is trading in a downtrend and the pair broke a key level which confirms bearish bias. I have marked up a cheeky Counter Trade to where I feel like the price will reject and head towards my point of interest from where bearish continuation Will likely follow. I have a couple sells open so I don't mind if SL is hit. If the market does not give me my confirmations, I will not enter.