Two financial institutions, Silvergate Capital and Silicon Valley Bank (SVB), collapsed early last week due to a series of ill-fated investment decisions which were exposed by global interest rate tightening. The collapses came after the institutions invested large amounts of capital in long-dated US government bonds, which were considered relatively low risk....
This 2 charts reminds me of a James Bond movie, Skyfall. There is a claim by many that, these companies are too big to fail. Oh yeah? 7th largest investment bank in the world is get steamrolled. Yesterday about 6pm Malaysia time, Credit Suisse ($CSGN) got halted due to excessive selling. Robert Kiyosaki predicts this bank will be next. Today, Larry Fink of...
A review of the price action from the European session and the US session. European markets were hammered lower on the back of concerns for Credit Suisse and the broader banking sector. The DAX and UK100 were hit hard while the key US indexes held up well considering the fear in Europe. I expect that there may be some catchup from the US if things get worse and...
DESCRIPTION: In the chart above I have provided a MICRO ANALYSIS of the VIX INDEX which represents volatility in the overall US MARKET. This is a short term play for this week based on micro volatility cycles. POINTS: 1. Deviation in critical thresholds is 4 points a small adjustment from previous VIX charts published as volatility adheres to this more...
After a brief period of calm following the collapse of Silicon Valley Bank, Credit Suisse disclosed "material weaknesses" in their financial reporting controls and ongoing customer outflows, setting off another bout of instability across global assets. Credit Suisse's biggest investor, Saudi National Bank, also noted that it could not offer more financial support...
Gold mid-term swing idea we are currently looking at. The Two setups provided are to account for the recent fundamental activity which caused havoc on the global markets as risk on mode ushered investors into buying #Gold (#XAU ), and other assets like #JPY as an example. Markets have priced in a possible risk scenario where $CS (Credit Suisse) one of the G-Sibs...
I don't love the idea of making grandiose predictions; I prefer to see everything in ranges of probability. That being said, the few simple tools I have added to this chart seem to have rather negative implications. There may be other price levels that are noteworthy, but I see the psychological levels of $10 and $3 having importance here. $6.50 as a previous...
New to this. But it seems to me $CS should hold at around $1.81. The midline is in the $2.50ish range.
Banks restructure the debt of stressed corporations every day, not out of philanthropy but out of enlightened self-interest. But the problem was that, now that we had accepted the EU–IMF bailout, we were no longer dealing with banks but with politicians who had lied to their parliaments to convince them to relieve the banks of Greece’s debt and take it on...
• Slightly upside corridor since beginning December 2022 (daily chart on the left side) • The stock is currently trading at the bottom of the corridor (left side chart) • Low volume in the last days (left side chart) • Break out of the decreasing trend line in the last weeks (weekly chart on the right side) • Supportline at 2.654 (right side chart) • MACD line...
Growth potential for Credit Suisse, that is currently trading at the lowest ever reached. CS quite likely hit bottom and is slowly crawling out of the hole. Mismanagement hit the company in the recent years and the recent (few days ago) reshuffle at the top of its Investment Banking division is yet another step for the company to seek a way out of the current...
Credit Suisse Group AG, together with its subsidiaries, provides various financial services in Switzerland, Europe, the Middle East, Africa, the Americas, and Asia Pacific. The company offers wealth management solutions, including investment advice and discretionary asset management services; risk management solutions, such as managed investment products; and...
Classic buy the rumor sell the news chart Volume that is increasing in this last deep The only green stock in my watchlist on Friday
Usually during festive season buying of gold multiplies by many times in India, a very large scale gold market. Also, global uncertainties due to Credit Suisse bank issue has some people going back to old safe bet. At current level its very difficult to give buy signal, but on any tracebacks gold should be bought till at least Feb-March month. Also, while there...
Hi friends! September closed with a loss of -3% for BTC. As 7 out of 9 September were "red" for crypto, it was expected that the 10th September would close in negative zone. Finally, we have reached October, which has already been nicknamed UPTOBER . Wonder why? Read to the end! 🔥UPTOBER IS HERE🔥 Friends, take a look on this stats. 7 out of 9 Octobers were...
This weekend Bloomberg LP write “The #nyse Composite Index, which includes US stocks, depositary receipts and #realestate investment trusts, has broken multiple technical support levels including its 200-week moving average, the 14,000 mark. Now, accumulated losses could force #funds to sell more assets to raise cash, accelerating the selloff“ Well, #sp500 is...
Interest rate hike is coming, most reputable banks have already gone through the roof whilst credit suisse is still under water. Lets monitor and wait for price to go above 200ma.