WOW - Remembering all Mr. PresidentsLmao, I did not remember this. It's from long time ago trying to understand a little bit more this bank. Maybe is something irrelevant but it could be helpful to feed the curiosity some people still have and expand their knowledge with a better research. Also if i lose this idea again for some months I'll know where to find it now.
There I tried to find correlation between democrat presidents or republican and the action price development from that far, just for educational purposes like I said. Just to be able to dig a bit more and find political causes related to the historical growing of one of the biggest banks on Earth.
I found this when I was checking other "too big to fail" banks recent movements, to check the impact with all this infinite stimulus have been announced almost everywhere, and anyone with sufficient authority is printing money now. What a mess, isn't it?
Please hope you find your own conclusions from here, always keep that curiosity... and doubt.
Thanks!
Bankstocks
BAC coming close to where we can open a long position?Bank of America with its decent yield of about nearly 4% and a decent balance sheet maybe a good bye during this down turn. The trend drawn above show that approx $18.10 might be a key point for the stock. I would wait for it to reach there and show us a bounce to confirm my idea before opening a long position. As always I am a long term investor looking to buy and hold equities. Please like and comment.
Thanks everyone!
"Be Fearful When Others Are Greedy and Greedy When Others Are Fearful" - Warren Buffet
Bank Nifty Intraday Setup for 01 April Expiry dayGood Morning Everyone,
#BankNifty #Intraday Range is 19623 to 18731 . Writers can be write 18700 PE and 19700 CE 1 April Expiry today . There is 90% chances That both of will be zero and has a good chance to make the awesome profit today. #Futures Traders wait for these levels to break to build your Position in Intraday or wait first 30 minute and setup your trade according it .
#intraday #Reliance #RelianceIndustries #RelianceMarkets #trading #tradingsignals #Nifty #nifty50 #banknifty
Banks can't make money like this, look at Europe to see how badThe foundational problem here is that globally there is no growth story that does not involve assistance from central banks, which has been clear for a few years now. Regardless it has been great to be in stocks but, at the end of last year signs of the US consumer slacking off started to crop up. The first signs were in durable goods after that, transports fell off a cliff. Inflation has been with us for years but they measure it incorrectly by taking a bunch of products made in china, like TVs and clothing which mask the reality of the fact that everything involving real estate (rent, food...) has been inflationary. Everything involving human services has also been inflationary (health care, education, construction costs.) While everyone celebrates low unemployment rates, they are very inflationary. Try getting someone to build or fix anything without paying a fortune and it becomes clear.
The Yen as a flight to safety currency has been absolute BS for years now but that trade would not die, it has been with us since the 80s, if anyone cared about fundamentals it should have broken with the onset of Abenomics. The yen VIX ratio just broke down. Then gold surged against the Yen, XAUJPY blasting past all-time highs.
Nobody seems to care about this problem in Japan but what it means is that the Nikkei is about to get rekt. The only thing that has held that market up for many years now has been the reversal of the yen carry trade and people buying shitty Japanese stocks every time the trade reverses. They are about to get a margin call on a mass scale. How much money do the Japanese have in the S&P 500, they will be forced to dump right at the worst of the volatility spike. That SPX chart will be a sight to behold.
The next piece that you need for mass inflation is a disruption of the supply of goods, enter in Trump trade wars and tariffs...
Everyone who thinks this is all about the coronavirus will be very confused when they see what comes next, they will talk about what BS the reaction of markets is and, and ...
I thought that the story was going to unfold gradually over the next year, then the bigger disruption of the supply of goods started to kick in with china shutting down. This is almost certainly not long-lasting but it is a trigger event and the nail in the coffin is the drop in rates and yields.
Here is the problem, the markets will probably continue to correct for 6 more weeks or so. If it is fast and not gradual gold will get hammered short term with all the margin calls on everything else. Bonds and cash is where it's at for the correction. That being said I would not short gold at any time, this is not going to be a liquidity crisis like 2008 but people will look at that chart and dump gold assuming that it is going to do the same thing, they will pile on the shorts and drive gold to all-time highs when the short squeeze happens. After the big correction, it will be metals TIPS and gold miners.
Gold miners will correct at first but then enter a bull market. They are already making record-high profits because the cost of production is at the lows due to the valuation of oil and the local currencies where they operate vs. the USD.
The low the GDX just hit will likely be retested in an SPX crash, maybe lower. After that, they will remain among the few who's profits are growing. There will probably be a bubble in the GDX after the initial correction.
One could go on and on with arguments for metals (election year, CBs, Europe...)
Chart of the Day 3/3: Avoid Banks, this time is differentAs we contemplate the convergence of long-term US rates with that of Europe and Japan as well as the Japanification of the global economy, it is useful think about the potential impact on banks. Yes, low rates are not good for banks and as we have seen in Japan, perpetual low rates does not equate to an increase in velocity of money. That chapter in financial textbooks need to be re-written.
This series of charts will look at the American, European and Japanese banks and this time it is REALLY different. Not in a good way. As you can see, banks are testing long-term post GFC support levels. The key difference is, the last few times the banks tested trend line support, the stocks were oversold. This time, as you can see, banks are overbought on a weekly basis testing long-term trend support.
Whether this is bank-specific or a prelude to the wider trend, the jury is still out. This much I will say, the Americans do not know what they do not know in relation to the Covid-19 situation in the US. For an economy which strength has been measured largely by increases in temporary employment, this is an interesting situation to be in.
Chart of the Day 2/3: Avoid Banks, this time is differentAs we contemplate the convergence of long-term US rates with that of Europe and Japan as well as the Japanification of the global economy, it is useful think about the potential impact on banks. Yes, low rates are not good for banks and as we have seen in Japan, perpetual low rates does not equate to an increase in velocity of money. That chapter in financial textbooks need to be re-written.
This series of charts will look at the American, European and Japanese banks and this time it is REALLY different. Not in a good way. As you can see, banks are testing long-term post GFC support levels. The key difference is, the last few times the banks tested trend line support, the stocks were oversold. This time, as you can see, banks are overbought on a weekly basis testing long-term trend support.
Whether this is bank-specific or a prelude to the wider trend, the jury is still out. This much I will say, the Americans do not know what they do not know in relation to the Covid-19 situation in the US. For an economy which strength has been measured largely by increases in temporary employment, this is an interesting situation to be in.
Chart of the Day 1/3: Avoid Banks, this time is differentAs we contemplate the convergence of long-term US rates with that of Europe and Japan as well as the Japanification of the global economy, it is useful think about the potential impact on banks. Yes, low rates are not good for banks and as we have seen in Japan, perpetual low rates does not equate to an increase in velocity of money. That chapter in financial textbooks need to be re-written.
This series of charts will look at the American, European and Japanese banks and this time it is REALLY different. Not in a good way. As you can see, banks are testing long-term post GFC support levels. The key difference is, the last few times the banks tested trend line support, the stocks were oversold. This time, as you can see, banks are overbought on a weekly basis testing long-term trend support.
Whether this is bank-specific or a prelude to the wider trend, the jury is still out. This much I will say, the Americans do not know what they do not know in relation to the Covid-19 situation in the US. For an economy which strength has been measured largely by increases in temporary employment, this is an interesting situation to be in.
Banco Santander: Bullish in 2020. Investment opportunity.The bank like the industry as a whole is on a long term bearish trend since the pre subprime mortgage crisis in 2007. On the 1W chart we see a clear bearish curve (RSI = 42.379, MACD = -0.083, ADX = 31.053, Highs/Lows = -0.0432) with Lower Highs and 3.1000 as the Support.
Since 2009, once the price crosses the 1W MA200 (orange line) SAN becomes a long term Sell opportunity. At the moment the RSI fractal is posting a bottom sequence and since we are that close to the 3.1000 Support we are turning bullish on Santander for the year and will sell once we cross the 1W MA200.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
Bank Stocks: Bullish breakout. Strong long-term Buy Opportunity.BKX (Nasdaq bank index) has just broken above the Lower High trend line (dashed lines) of the 1W bearish (pull back) leg within the greater pattern of the multi year Channel Up since 2012. The technicals have turned bullish on 1W (RSI = 59.797, MACD = 1.140, Highs/Lows = 5.1079) and even the RSI is on identical levels with the last time a similar break out took place in 2016.
We are expecting a fairly similar bullish break out on the long term towards 140.00 - 149.80 (Target Zone).
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
This is nuts XLF Fed is wrong, and the markets know itSo, if you look at XLF, Never fully recover since the financial crisis, so the big jump in Yields, since 2017 trump presidence is back where all rally started, the weird thing is that correlation bewteen yields, and bank stocks was right in dicember and these 5 month rally, in anticipation of earning is not price in, earning cuts, honestly did you know that banks, make less money when yields are below 3%, so the last year speculators, told that 10 yield could be 4.5% in what universe thats is going to happen? people dont see it yet,im scare how reckless banks and fund managers has been in the last 5 months all because of china trade deal like, tax cut 2018, always a reason to keep these bubble higher than ever, these distorsions of reality is what make vix explotions, is like there is not risk at all, these time are full controversial because there has been low volume, if these low volume extend, we could have liquidity problems, i honestly dont know if we are near or close to a recession, but in fact is when the fed tell that we have a recession is already too late, Germany near recession, japan, near recession, the bigger risk that all world market is that there is a deflation risk, because of these stupid monetary policys, is like a cocaine that markets coudnt live without, i dont Know when markets are going to pull the trigger but im not long term these market at all, in fact that all these gains of 2019 are superficial and artificial, all manipulation the same manipulators are back in, shorting the vix, until the whole thing implode, if you are a long term investor, look at perspective where you are now, where you want to be meanwhile, i will be ready to short the hell of these bubble. Becareful traders. GL
Steve Eisman's Canada TradeSteve Eisman (depicted as Marc Baum in The Big Short movie) has publicly revealed the institutions he is shorting in anticipation of the next wave of credit normalization. They include RBC, CIBC, Home Capital Group, and Laurentian Bank. Steve has not revealed his targets or how far exactly the trade will go, so the estimates on the chart are my own.
As you know, I have been establishing net short positions on numerous banks around the world since the end of last year.
Deutsche Bank Commerzebank Merger Good for EquitiesThe fundamental analysis of this is fairly easy. Mergers are good for stocks. Why? Because it usually means increasing profitability. Why? Because it oftentimes leads to reducing inefficiencies and eliminating two teams that could be consolidated into one whether its with commercial banks, foreign exchange desks, etc. This merger would lead to the cutting of 30,000 jobs in Germany which would clearly help push the mega bank in a positive direction towards profitability. If talks progress positively, expect both Deutsche Bank (bars) and Commerzebank (pink) to edge up. But let's not forget, these two banks' stocks have been in the gutter since the 2008 Financial Crisis and both greatly underperformed the DAX (dark blue) and the Eurostoxx 50 (light blue). More words on this here: anthonylaurence.wordpress.com