EmptyEternity

US Bank about to implode! Regional Banking is gonna take a hit!

Short
BATS:KRE   SPDR S&P Regional Banking ETF
First you have the FDIC come out and say no matter what we can whether a large US Bank failure - out of nowhere! Japan is stuck in a corner, can't sell bonds to defend its currency, and can't raise rates enough. Like every Central Bank they're stuck. So now a large US bank will be "allowed" to fail that will give Powell the excuse to cut rates - leading to a large reinflation boost (precious metals).

Biden even hinted at rates coming down in July so this regional bank implosion has to happen soon. I don't see banking in the USA doing good long term because the banking structure needs to be consolidated to isolate and do away with cash so they can bring out CBDC's. At that point banks will be "stakeholders" which is fancy speak for fascist government control over corporations, but from an international level.

Also, TTM Squeeze indicator is loaded on every TF except Monthly, which showed that it already went off and is gathering steam for the next leg down in the breakout, but a very powerful move since this is signaling on the weekly chart.
Comment:
twitter.com/1Coastal.../1781079272104296549
"🚨 Breaking News: Federal Reserve's Discount-Window loans surged to $8.56 billion, up from $5.05 billion, raising concerns about banking stability. Increased borrowing suggests deeper sector challenges.

#bank crisis is just getting started"
Comment:
twitter.com/DarioCpx.../1781070550925729904

"BREAKING: THE #FED JUST DID 112m USD IN EMERGENCY REPO! 🚨

Someone important just run out of options to find cash…

Narrator: ignore the banking crisis at your peril"
Comment:
BUY PUTS!!! I think KRE put options look cheap and IV is low, you could pay $5 for puts on KRE for May. They could 3x-5x

NOT FINANCIAL ADVICE!
Comment:

RSI and MACD looking crappy. Will Powell blow up banking for the final leg down before the bailouts commence?
Comment:
TTM Squeeze about to go off on 1hr, 2hr and daily. Weekly looks like a continuation of the squeeze for the next leg down

Comment:
KRE OPTION PLAYS: May and June have nickel options around the 42 strike price, July has .15 options for 35. If you're bearish you could latter some puts out.

NOT FINANCIAL ADVICE
Comment:
Comment:
Or is it JPM with exposure to Softbank whose about to implode from the JPY decline?

justdario.com/2024/0...gotiate-its-bailout/

Either way, banking is on a perilous course!
Comment:
x.com/SuburbanDrone/.../1792901536093175954

Fractal looks amazing. On top of that Jimmy Dimon retiring and no stock buybacks like Mac says...
Comment:
x.com/Barchart/statu.../1797796261812216169
"FDIC warns that 63 Lenders are on the brink of insolvency due to banks sitting on $517 billion in unrealized losses"

And that's just the tip of the iceberg. The GREAT CONSOLIDATION within banking is about to take place. Banks were set up by the knee-jerk by the FED in interest rates. Now that they're underwater they'll all collapse to under 4-5. THAT'S when they will pull out the CBDC's because no one will be able to resist when 4-5 major banks pull cash and make them use electronic digital currencies.

Last time to buy silver at a low price will happen soon. Better start buying...
Comment:
x.com/profitsplusid/.../1797760283806699742
There was also an increase of losses equal to 8% in the last quarter due to higher unrealized losses on residential mortgage-backed securities. This means the price for the bailout will increase as the mortgage market melts down. If you look at google searches for "Sell my house fast (city)" they're off the charts. I see more foreclosures popping up also - which means this banking bust for BOTH CRE (commercial real estate) and RRE (residential real estate) will push the banks to need over a 1T in bailout before this is over..

x.com/texasrunnerDFW.../1797751608396394531 (google searches)
Comment:

Retraced to the 200, after a deathcross, then bounced off it - at the same time, a TTM squeeze is going off on the Weekly, Daily etc., which means big move is happening.

Here's the play everybody: August puts for 30 strike are a nickel. This move should get you a 15x return. If you want to be more conservative and go for the 35 strike, that are going for .15, that'll be a 6x ROI. NOT FINANCIAL ADVICE. Thank me later...
Comment:

PIERCED SUPPORT!
Comment:
I'm on the side that the FED will be more hawkish because stocks are not melting down to warrant rate cuts - which illustrates the lagging indicators and reactive nature of the FED.

If this is the case, this will spark turmoil in the markets and will push rate cuts to September AFTER the market melts down (Precious metals and miners, SPY , NVDA , KRE , $EURSD). This will kneejerk the markets even lower to reset values before blasting off (like Covid) in fall - right before the election. The media will fawn over Biden (if he doesn't bow out to Newsom or Michelle before then) and talk about market ATH's due to the FED cutting rates and juicing the markets (one last time).

If Powell and the FED are dovish, then inflation will reignite even harder going into the election. If the FED is dovish, then all bets are off and I'm fully into precious metals and miners. Hedging along the way for Black Swans (check out my SILJ fractal chart that shows another market capitulation (maybe due to birdflu or Taiwan).

After the election, reality will set in, and the markets will take a huge dive after inflation reignites and the FED is forced to raise rates (for the last time). This will cause a kneejerk reaction in the markets and destroy EVERTHING as the dollar DXY ascends to 140-160+.

If Biden is elected, the US and the rest of the world gets CBDC's after great chaos (war, Pandemic2 etc.). If Trump gets in we're transitioning to a gold standard which will bring about a temporary deflationary collapse while robot AI is rolled out. Europe MAY get to transition to the same if Trump gets in, if Biden gets in, Europe is LOST to hordes of immigration and the WEF's Great Reset will happen the way they want it to.

Either way you'd be wise to stock up on food, ammo and precious metals and cash (if Trump gets in - if Biden wins it'll be banned).

Also, bitcoin will descend like Harry Dent talks about, so will gold. Gold will go back down to $800 an ounce, bitcoin $4,000 before the next generation of technology takes gold to $20,000 and bitcoin to $400,000+.

Then it'll all be tested when the pole shift happens in 2046...

Enough stories for today!
Comment:
Comment:
x.com/KobeissiLetter.../1800572654203609431

Interesting correlation metric, cellphone data usage in major cities has dropped 30% showing work from home is going to take a chunk outa CRE which the Regional Bank ETF is exposed to...
Comment:
Breaking
FOMC. No rate cut.
Cuts pushed back.
Expecting an increase in the PCE core rate.
Wow. Very hawkish statement
Fed expects only 1 rate cut in 2024 plus they warned of elevated rates in 2025.
Rug pull
x.com/StealthQE4

"Four Fed officials see no rate cuts this year, up from two officials in the March projections
Seven see one cut, while eight see two cuts.
This means a narrow majority sees no more than one cut this year as a base-case."
FED BOI Nick Timaraos
x.com/NickTimiraos/s.../1800952380336300504

TRANSLATION: DOLLAR UP, METALS, MINERS, MARKETS AND BONDS DOWN.
Comment:
This is it - this is where it breaks down past support:
Comment:
Banks not looking good here...
x.com/SuburbanDrone/.../1801675429796778187
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