BAC is showed here on a 100R(ange) where price action from the Covid lows to the federal
stimulus highs to the fade and consolidation of Summer 2022 to Summer 2023 and another
fade and reversal from it are seen on the chart. At presen, BAC has reversed upside. With
Uncles Powell and Sam announcing likely three rate cuts in 24Q3 and 24Q4, I see...
KRE the regional bank ETF is down about 50 % YTD, with a couple of bank failures leading the
way. The question that arises is whether there is more downside. Faith and trust in the
the banking system is at risk. The big banks came in their rescue on First Republic. A run on
the little banks can hurt the big banks even Goldman Sacks. Holding...
