Every coin has 2 sides
Bear thesis: 2 bank failures in 3 days. Contagion risk is real. Something in the financial system is going to break. It will create a ripple effect, and send shockwaves through the stock market
Bull thesis: 2 bank failures in 3 days. It’s a shocking news to the world and the US government so much so that President Biden has to come out to speak, in order to calm the market. This may get the Federal Reserve to scale back on their rate hike because they wouldn’t want more banks to fail amidst high interest rate environment.
Hence don’t need to ask me why the market is up or down. If it’s up, I’ll point you to the bull thesis. If it’s down, I’ll point you to the bear thesis haha
Once again, trade the chart, and not trade what you think
Btw please help to like and sub to my YouTube channel
Bull thesis: 2 bank failures in 3 days. It’s a shocking news to the world and the US government so much so that President Biden has to come out to speak, in order to calm the market. This may get the Federal Reserve to scale back on their rate hike because they wouldn’t want more banks to fail amidst high interest rate environment.
Hence don’t need to ask me why the market is up or down. If it’s up, I’ll point you to the bull thesis. If it’s down, I’ll point you to the bear thesis haha
Once again, trade the chart, and not trade what you think
Btw please help to like and sub to my YouTube channel
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Successful investing is about managing risk, not avoiding it. DYODD
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N8TIV3 : THE CHARTS JUST AINT CHARTING NO MORE