Over the past 2 weeks I have taken up positions on a few US regional banks including
WSBC
,
TFC
,
USB
,
KEY
They are relatively small positions given the concerns over liquidity and interest rates. However the chart is looking bullish on all timeframes up until the weekly so there is some big money involved. For US banks I prefer regionals and avoid major cities with high crime rates. Crime and anarchy are major impediments to the accumulation of wealth
WSBC
,
TFC
,
USB
,
KEY
They are relatively small positions given the concerns over liquidity and interest rates. However the chart is looking bullish on all timeframes up until the weekly so there is some big money involved. For US banks I prefer regionals and avoid major cities with high crime rates. Crime and anarchy are major impediments to the accumulation of wealth
Trade active:
Took partial profits today on WSBC and TFC
Trade active:
Further reduced my position on WSBC, TFC
Exited KEY as position is now in a small loss
Maintaining long on USB
Exited KEY as position is now in a small loss
Maintaining long on USB
Trade active:
Trimmed USB too as momentum is fading