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ProfitProphet911
Mar 30, 2023 5:53 PM

KRE Diving Lower, Bearish pennant - Be Your Own Bank.. Short

SPDR S&P Regional Banking ETFArca

Description

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.
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ProfitProphet911
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations...
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