In these unprecedented times of monetary intervention, the negative rates employed by the central bank; either here or abroad, often put extreme stress on banking institutions to create revenue along with increased regulation but recent activity in the Eurozone suggests that some banks may have been incorrectly priced from recent restructuring attempts. To...
It is no mystery that the longer the Fed keeps from raising rates, the harder it is for banks to make money which depresses their stock values. In anticipation of the eventual rate increase, certain banks have taken the brunt of the punishment the past few years as they struggle to restructure to become more efficient in an ever increasingly competitive market...
Short AUDUSD is in my top 3 FX Trades for several reasons: 1. AUD is considered a riskier G10 currency cross, so AUD trades weaker in risk-off markets, or when equities/ SPX trade lower (you can see the high correlation with SPX at the bottom of the graph). - With Brexit concurring last week, global risk has increased, this is especially the case for AUD due to...
DB has already lost 40% of stock capitalization since the beginning of the year, it is at the lowest levels since 2000s and already lower than 2009. Save your money if you are a DB client! The party is about to start
So the brexit aftermath might bring us a bear trend in bac, especially since rate hike is pretty much off the table now. So Entry 12.70 after a break down of support here would be a pretty good entry, and can ride it to around 12
I think this is pretty straight forward. Solid lines = possible Fib bounce lines Lines with breaks = previous support lines MACD: RSI: (Note the date on these) Global outlook: SPX Big picture: The direction everything is moving in:
Jezuz FUDGE!
Global Equities are experiencing a relief rally after a bizarre turn on events. For some reason, the brazen murder of British M.P Jo Cox turned the increasingly large "leave" vote around, and the "remain" vote regained the led heading into Thursday's Brexit vote. The Euro Stoxx 50 Index jumped off of technical support of 2,814 but still remains in a clear...
We have to keep instruments like this under a close eye over the coming week. Although a lot of indicators and paterns pointing to a breakout, it is clear that Brexit worries are keeping it down for now. I expect it to be a flat week until Thursday evening/Friday Morning of the 24th. Neautral But I like the repeating Head & Shoulders bottoming patterns!
Short Jamie Dimon's shorts I don't know what else to say.
US banks overpriced in relation to EU and Japan banks Uptrend broken Ribbon pointing down s32.postimg.org
Yes, I'm crazy. I'm catching a bank as a long. We should se price filling today's gap. FA DATA: Spanish Elections Brexit Rates DYOR Before invest in something like this. WARNING: This trade will be automatically closed if we break lows.
Concerns surrounding Europe's banking sector suddenly seemed to have vanished away from the markets. However, Stoxx 600 index chart clearly shows the larger falling trend line is intact and a bullish break from a smaller symmetrical triangle failed. Caution is advised at least as long as the larger falling trend line isn't breached.
Few inside days after big, ignited candle on Fed minutes. There is still plenty of time before next meeting in the mid of June. Resolution of this upper level consolidation will trigger an Entry Long