$MicroSectors US Big Banks Index 3X Leveraged ETN (BNKU.US)$...

$MicroSectors US Big Banks Index 3X Leveraged ETN(BNKU.US)$ 28.70 was support we bounced right off of that or trending higher now yesterday despite a rather down day the markets higher at least in the financial sector and this is a safe purchase at this point here obviously this morning's pce is going to move the market one way or another and that's pertaining the interest rates but the financial sector across the board sold down dramatically how in the past couple of weeks all you have to do is look at MasterCard there's nothing wrong with that company it got smacked hard everybody in the sector got you know banged up pretty good.. these banks are the best of the best there is concern Jamie Diamond make you leaving it'll be sometime less than 5 years less than 3 years he's becoming a lot more vocalized about the government's running the deficit spending I think he's basically at an impasse where he's starting to voices opinion even said he wouldn't buy his own company stock back well if he doesn't want to buy his own company stock back well you're not going to buy your stock as a retail investor. but this basket of stocks is safe to buy in here and I think with a little bit of support and some dovishness from the FED it'll push back to $34