Remember when spy was 350 and regional banks getting crushed and a few went under, to stop the bleed Fed came came out with QE and called it The Bank Funding Program and injected tons money to loan them from collapsing, and today one of those banks went under. Know come March 11 comes the date those 186 regionals banks have to repay well guess what they are BROKE DEFAULTS. Know does the fed again interfere and do QE or will they let the banks collapse and finally re adjust and allow whole market drop back 350 or lower. So lets see what happens on 3/11. Read below I copied and pasted it
Recently, a report posted on the Social Science Research Network found that 186 banks in the United States are at risk of failure or collapse due to rising interest rates and a high proportion of uninsured deposits' 3, 2024
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I am short KRE 53 and when we broke the 50 day MA 49.91
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Added KRE
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still short kre but what the did they opened up the fed window all those banks can get money pay loans off kick can down road print print more inflation
Seems like it will be dropping pretty hard if the banks are allowed to fail. Also notable that we have seasonality dip during this time based on 8 years of SPX trend and OPEX that week as well. Might be good to grab some SPX puts.