climber76

The Banks are weak! Where are we heading now?

Short
climber76 Updated   
NASDAQ:BKX   KBW Nasdaq Bank Index
2
Also here is weakness aproaching. Look at it and trade if you see a chance. There is a good chance, that we reach the Centerline some time.
Comment:
Here we are.. In my Opinion it could be a perfect short trade with very good Risk Reward.
In General avoid to hold Bank Stocks. The long therm Bonds Yields are rising and refinancing can be tricky for them.
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