joseph's avatar
$16.2m follower assets
THE GREAT BANK TRADE
This is the time. The moment is here. We can take advantage of this chance. Last night I saw the Credit Suisse bank get destroyed by the liquidity crisis across the major banks and I realized one major point. The banks in this crisis are too big to fail. The government banks in the areas of these big banks cannot afford for these banks to go under and throw the economy in trash. I watched as the bank continued to get shorted to the gutters and pulled the trigger. The banks must come back and they are dumping just to buy at a cheaper rate. Here I saw the RSI indictor and Moving averages bottom out, there isn't any more fuel for the flame now is the time to act. I bought some cheap out of the money calls and watched the fire works happen. I believe we are about to have a run on the banks but not one everyone is scared of, the one where the banks get bailed out and they get to clean their books to start fresh again. ANY BANK THAT IS OVER SOLD IS A POSSBILE BUY. This is what the big guys don't want us to see. They are putting fear into the market caused by their own flaws and then they get saved just to have the stock price rise. They will be able to clean their books in pursuit of new gains. They do it to us every time why not enjoy the gains with them? Take a look at my trades for yourself and make your own decision. Again trading is risky and past gains do not guarantee future gains. Stay dangerous my friends!
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Porchester 🔺's avatar
Just because these banks might be saved by government institutions doesn't necessarily mean that the value of the equity is preserved.... A business can still run on zero or even negative equity... Although I agree these might be oversold and a good value proposition, I would disagree that government support in a crisis means there is a floor in the value of the equity and that these banks are trading below that floor.

With the negative views that came from the bank bail-outs in 2008/2009, governments will be very careful to not spend more than they need. If they can shore up banks via a small liquidity facility and not a full bail-out they will.
joseph's avatar
@porchester i totally agree this is not a long term trade or position this is swing trade built on volatility and fast moving prices hence is the wording "trade" and not "invest" the banks ran piss poor balance sheets built on low interest rates not accounting for the future when those rates would rise.
Todor Kostov's avatar
@jdub Volatility will be elevated this year.
joseph's avatar
@kostofff i agree

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