First Republic stock plummets after revealing deposit exodus in March The stock of First Republic FRC dropped more than 43% Tuesday after the bank surprised investors and analysts by revealing an outflow of more than $100 billion in deposits in March. The disclosure made during the release of its first-quarter results on Monday afternoon raised new questions about...
Western Alliance shares pulled back from their session lows after the Arizona-based bank denied it was exploring a potential sale The Arizona bank described a report in the Financial Times that it was considering a potential sale of all or part of its business as “categorically false in all respects”, adding: “Western Alliance is not exploring a sale, nor has it...
PacWest Bancorp sinks 56% in after hours following news the bank is exploring a sale but Powell said the US banking sector is strong! PacWest Bank, confirmed Thursday that it is exploring “all strategic options” after its share price was cut in half in after-hours trading following a Bloomberg report that it was considering a sale. “Exploring strategic options” is...
- Both SPX and NASDAQ close right under resistance - NYSE:FRC potentially get take over by government that means it would likely get delisted meaning goes to 0 - currently neutral daily trend for SPY & QQQ need to see consolidation soon. retracement size will be key here
We have a beutifull zone of acumulation with a long range. Yesterday we saw that any good news will pump this bank. So now , we have a beautiful price to enter with a buy at 13.00 with take profit at 19.00 and stop loss at 11. Remember, when nobody talks about it, that will be the time to buy.
One of the most plugged-in high financiers thinks troubled regional bank First Republic Bank will need more than a few bucks from stronger rivals to stay afloat and prevent the return of the banking turmoil that dominated March's headlines. “I think First Republic Bank is clearly on a watchlist, and probably somebody at some point will buy it. But the challenge...
FRC is safe, deposits are safe as well. This is heavily oversold. Expect a rise back to at least 35$. Hold. Not financial advice.
Notice the stock dropped to 18 on relatively low volume. Then the day trading frenzy began. Very interesting that it's now pegged between 12-14. When it should be pegged at 18 due to volume. The big sale from the swiss pension fund may have something to do with that. Facts will move the stock, otherwise it drizzle up/down based on the overall market movements.
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans). Same will go for the rest of $KRE = any assets are at deep dis count. Can't save them all (nor they would want to). Industry consolidation. The End.
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans). Same will go for the rest of $KRE = any assets are at deep dis count. Can't save them all (nor they would want to). Industry consolidation. The End.
It might appear on daily and shorter time frames that US10Y has broken the trend, dating back to 2020. Weekly at key support level. it will save the regionals (yield dives due to massive QE, HTM portfolio's MTM improves) or will destroy them (KRE).
Treasury and FDIC demonstrated zero interest saving shareholders of SIVB (wiped out, the buyer of assets got $16B+guarantees for loans). Same will go for the rest of KRE = any assets are at deep dis count. Can't save them all (nor they would want to). Industry consolidation. The End.
Haters be my motivators. Looking to get put shares at 9.15 cost basis. I'm happy if I get more shares here and happy if I do not. Current own thousands of these puppies. Looking to sell around $20+ in 2-3 months..
Idea for FRC showing a trend line that price may jump up too after an extreme move down Very strong move down potential overreaction Monthly timeframe for longs
Expecting a bounce to 14.55 but Janet Yellen and Jay Powell could change things come Monday.
Hello Everyone, A huge oversold situation could be in the making. FRC is Extremely oversold on fears of bancruptcy or being bought out by JPM soon. While such case is highly likely, the bank can still rise on any good news as all the bad ones are already baked in the current price. JPM's CEO is already in the talk with other banks on possible solution for FRC...
FRC First Republic Bank received uninsured deposits of $30 billion on Mar 16, 2023, from 11 banks of the country: Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, PNC Bank, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, Truist, and U.S. Bank. I know it`s a risky trade, but i believe this recue...
It could get pretty crazy in the markets this week, and it may start on the futures open at 9am AEDT – headlines have been rolling in today and everyone is on edge for answers – it's complex, but I’ll try and explain what we’re looking out for. Let us first focus on the US banks – they are a central focus and really the big issue at hand. EU banks are quite...