Hi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. In a twist of events, an incident that happened within the banking realm created chaos for the crypto realm. I bet you didn't have that...
#GICRE On the Support and Ready for 15-20% upside move .... For short term and upto 40% on mid term ...
Amidst the significant decrease in non-farm payrolls, the rise in unemployment rate, and the impact of SVB's bankruptcy, risk aversion has surged, with gold returning to near 1900. The occurrences have made the release of February's non-farm payroll data seem like a joke! With so much news to back it up, even technical analysis will become powerless. For now,...
Sharks are smelling blood in the banking sector and they are loading up to strike. Last week, we saw Silvergate Bank collapse and shortly after that, Silicon Valley bank (SVB). Within 48 hours, 2 moderate size regional banks went under. Last Friday, several banks tanked at least 20% and few were halted due to massive shorting. The house of cards are falling and...
We start the week on a positive note but with such event risk in front of us volatility remains something that traders need to adjust too and respect. After spending most of the weekend debating who was to blame for SVB Financials demise and who was next in the firing line, we’ve seen the Fed uniting with the US Treasury and the FDIC to bring out the big guns -...
The main reason for SVB's problem this time is liquidity. The banking industry is different from other industries, where the importance of liquidity is far greater than profitability. In the past few decades, there have been too many banks that have experienced extreme risks due to liquidity issues, and SVB has fallen into the same trap. The management was...
The sequence of events leading up to the collapse of SVB Silicon Valley Bank is as follows: SVB Silicon Valley Bank was one of the top 20 banks in the United States, with over 40 years of operation and total assets of $211.8 billion as of the end of 2022. As its name suggests, the bank primarily served technology startups and employees of large companies in...
The current situation with Silicon Valley Bank will put pressure to sell off, down to test 1163.0. It could spiral further down, depending on the CPI data next week.
The situation at Silicon Valley Bank (SVB) is not particularly complicated. In short, they borrowed short and invested long, mismanaged their liquidity, and caused their own demise. The specific steps were as follows: low-interest deposit-taking, overzealous investment in Mortgage-Backed Securities (MBS), short-term liquidity gaps, forced selling of assets, and...
A lot of talk on who is to blame for the SVB Financial collapse – this is the first big casualty of rapid rate hikes and tighter policy, but who is to blame and what are the next steps? -SVBs management – they invested short-term deposits in longer term fixed income assets – where a large % of its $120b securities portfolio lacked any kind of interest rate hedge...
So, Lets get this Right - BINANCE ( the worlds Largest Crypto exchange by volume) faced and survived a Bank Run last month, with out a single flutter Silicon Valley Bank faced a Bank Run and had to close under emergency procedures with in hours And you telling me CRYPTO is a liability ? Simple fact is this may cause "contagion" and the DXY will reflect that - IT...
1. If SVB trouble continues , the institution money is stunned, they have no way but to sell tokens for liquidity or daily operation, then the price might shake. 2. If USDC trouble continues, on one side BTC might goes up due to USDC's value goes down, but on the other side, BTC might goes down due to market confidence loss. 3. The global debt trouble, mutual...
Hello guys It's been quite a week, hasn't it? Let's take a look at the chart - it's very similar to what we've seen in the past, which is a shame because we didn't learn from it. Before I say anything else, I want to clarify that I can't entirely agree with the cryptocurrency crash idea. This technology is at the forefront of innovation and has so much potential.
Silicon Valley Bank Stage Analysis: If you understand this, you would have exited in January 2022 Never Buy a Stock That are in Stage-4
Hi, I had opened a short on the SP500 last night, all economic factors are pointing towards a recession whether it is interest rates, housing market, inflation or political leaders. This week the US 2 year treasury reached 5%, a level not seen since just before the financial crash. Waking up to the news of Silcon valley bank plummeting due to them announcing a...
SVB Financial group has had a major Inverse Cup and Handle forming over the last few years. Today it broke below the brim level and has confirmed strong downside to come. Price<200 - Bearish RSI<50 - Bearish Target $33 WHAT HAPPENED? Silicon Valley Bank's parent company, SVB Financial Group, saw a 60% drop in its shares after launching a $2.25 billion stock...