Contagion fears, no more?
Contagion fears ease, stocks rise
Now that the fear for a bigger banking crisis has been put aside / on hold, all eyes will be on the two-day FOMC meeting
The guess continues. Most are betting a 25 bps. What’s your guess?
Now that the fear for a bigger banking crisis has been put aside / on hold, all eyes will be on the two-day FOMC meeting
The guess continues. Most are betting a 25 bps. What’s your guess?
$SPDR S&P 500 ETF (SPY.US)$ $S&P 500 Index (.SPX.US)$ $Invesco QQQ Trust (QQQ.US)$ $Amazon (AMZN.US)$ $NVIDIA (NVDA.US)$ $First Republic Bank (FRC.US)$ $SVB Financial (SIVB.US)$ $Apple (AAPL.US)$ $Tesla (TSLA.US)$ $E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ $E-mini S&P 500 Futures(DEC4) (ESmain.US)$ $Netflix (NFLX.US)$ $Meta Platforms (META.US)$ $Microsoft (MSFT.US)$ $SPDR Dow Jones Industrial Average Trust (DIA.US)$ $E-mini Dow Futures(DEC4) (YMmain.US)$ $DBS Group Holdings (D05.SG)$ $OCBC Bank (O39.SG)$ $UOB (U11.SG)$ $Nike (NKE.US)$ $Morgan Stanley (MS.US)$ $KBW Nasdaq Bank Index (.BKX.US)$ $Temasek Holdings (LIST2536.US)$ $ProShares UltraPro Short S&P500 ETF (SPXU.US)$ $USD (USDindex.FX)$ $CBOE Volatility S&P 500 Index (.VIX.US)$ $CrowdStrike (CRWD.US)$
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ragamuffin : Hey @Cow Moo-neyI love your enthusiasm in posting stuff but seriously, “contagion fears ease?” History teaches us great lessons but, only if we pay attention and act on what we’ve learned!
When folks with agendas, and we all have them, lead with misleading misinformation then we haven’t learned. If anyone suggests that bank failures have ceased then that agenda will hurt many!
Headlines grab attention. What would you say about leading with the truth?
Cow Moo-ney OP ragamuffin : Hey, thanks for the comment! Contagion fears “eased” is true to some degree as Swiss government has stepped to prevent Credit Suisse from completely falling apart. Likewise, US regulators are also stepping in to make available funding for banks to ensure they have the ability to meet the needs of their depositors. Large US banks are also injecting billions of dollars into First Republic Bank.
All these actions have prevented a potential nationwide or global wide banking crisis, for now.
But of course, things could get worse from this point. That said, if we were to compare the current situation against one week ago, I think the fears have eased, even if it’s momentarily or temporarily.
To add on, “eased” doesn’t mean “ceased” :)
And if you must know, I’m still bearish towards the market.
费北敬 : Contagion fears, no more?
This statement is to let players think twice before execution of trade... It maybe a small surge follow by a waterfall, all play safe no all in... Remember cash is king
ragamuffin : Financials and oil up on the FTSE…smh Keep on with what you do! Dialogue is a must in these times…
Cow Moo-ney OP 费北敬 : That’s right!