Ever since the banking crisis earlier this month, the financial's,
anything to do with measuring the "immediate intrinsic value" of cash and liquidity
have become the end- all for US stock market, in lazar like focus.
Two ETF's that completely illuminate on the above theme very closely
and should be followed Daily for overall market clues.
1. PFF I-Shares Preferred Stock ETF Last Traded at 30.50
2. FAZ Direxion's Financial Bear ETF Last Traded at 23.50
You will see upon checking that both ETF's have mirrored the bank financial crisis in March.
PFF falling sharply this month as bank risk, below the surface, unseen previously, = became widely visible
FAZ rising just as sharply as bearish traders bet on continued bank confidence, as a "crisis concern"
Following these two ETF"s every day will give you
a much clearer understanding of " the risk factors "the stock market is now facing.
I highly recommend that you do that.
SPX NOON EDT OPEN 3975.12
THE_UNWIND
WOODS OF CONNECTICUT
anything to do with measuring the "immediate intrinsic value" of cash and liquidity
have become the end- all for US stock market, in lazar like focus.
Two ETF's that completely illuminate on the above theme very closely
and should be followed Daily for overall market clues.
1. PFF I-Shares Preferred Stock ETF Last Traded at 30.50
2. FAZ Direxion's Financial Bear ETF Last Traded at 23.50
You will see upon checking that both ETF's have mirrored the bank financial crisis in March.
PFF falling sharply this month as bank risk, below the surface, unseen previously, = became widely visible
FAZ rising just as sharply as bearish traders bet on continued bank confidence, as a "crisis concern"
Following these two ETF"s every day will give you
a much clearer understanding of " the risk factors "the stock market is now facing.
I highly recommend that you do that.
SPX NOON EDT OPEN 3975.12
THE_UNWIND
WOODS OF CONNECTICUT