$spy $kre If the market is going to keep going Kre will be nextLooks like consolidation before breakout. Headed to 61 and quicklyby poppop64
Financials Due for a Quick Bounce Off SupportI'm not sure this is bullish long-term, but do expect a $3 bounce near term for financials as this pattern sorts itself out. Longby axelroarkUpdated 1
Short Regional BanksAll the cheap money lending is finally catching up with the banks. Short this garbage with confidence, knowing that the US economy is about to get canned. Cheers.Shortby AftabAli3
$kre at a crucial spot here $spywatch regional banks. if they break this support again, it would be bad for overall marketby poppop60
downtrend re-establishedbear flag then a flush, more downward pressure coming $DPST $WDRW $XLF Shortby chaching231
trade war trade- spreading your risk like a proin the current environment banks are leading the rally, but volatility is likely to return.but, volatility can remain low for long periods of time. in this trade i see certainty in either direction as a positive. this trade captures either delta change or volatility expansion in the main leading sector. in this trade we take a russell proxy KRE and SP 500 proxy XLF. both underlinings are extremely liquid and IV is low in both.im expecting positive certainty that being said the trade setup will be the russell proxy KRE (3-- 100 wide bull calls) and the sp500 proxy XLF (2--100 wide bear put spreads). the ratio is based on CME's risk management suggestion for russell vs SPX. yes, rising wedges in some cases can be bullishby The_dumpster_diver0
2019 prediction- there will be hamberdersmnuchin , powell, and trump have a bonding moment over a few hamberders one night. steve asks is liquidity secure? powell says we have a ton of excess liquidity, regional banks are unfairly hurt by rules to tame more sensitive banks. trump we need a rule change to allow a little stimulus juice to help industry. why not change rules on excess reserve requirements on regional banks? trump says people would be happy, they would be able to absorb excess inventory in certain sectors (housing, auto, HAMBERDERS...etc). Longby The_dumpster_diver1
KRE - US regional banks - top.....or not?Two counts here: My preferred count in red showing a top has been made and to expect some sustained downside. The alternative blue count suggests the opposite and that another leg is in the offing as soon as this correction is completed. Shortby tomj24170
Sentiment too bearish, high put volumePut 4x calls May consolidate and retest 59, but short term I d be surprised if it goes straight up ... More downside, wait for consolidation and bullish divLongby topfazio1
Regional Bank AnalysisThe regional banks didn't bounce and I got stopped out by the blue 50 Week MA. The downward targets are the black 200 Week MA and the pink line or the dashed pink lines where there is a gap you could get a bounce off off. Shortby jmccomb30