The Wing Has Donned His Bearskin Cape Together With Is Heading Toward His Bear's Den
From iBankCoin:
Financials On Edge of Breaking Lower Again
The moves tin locomote then fast that a one-day 10% loss is non unprecedented.
The Fly tin instruct away amongst it because of—if I may mix my species, if non my metaphors—because of his cat-like reflexes.
Rather regard his before post: "How to Protect Yourselves inward the Coming Bear"
FAZ $13.39 +0.4991 (+3.87% )
Or curt both the FAZ together with its mirror picture triple leveraged long (FAS) together with collect the decay.
Financials On Edge of Breaking Lower Again
Nothing inward credit happens without affecting the banks. Ergo, every bit HYG drops together with the prospects of high yield worsens, logic dictates then should the banks.
Goldman continues to pause down.
More specifically, the XLF is below its downward barreling channel together with looking similar it wants to plunge.
I went long FAZ this morning.DO NOT follow The Fly into the Direxion Daily Financial Bear 3x Shares (FAZ).
The moves tin locomote then fast that a one-day 10% loss is non unprecedented.
The Fly tin instruct away amongst it because of—if I may mix my species, if non my metaphors—because of his cat-like reflexes.
Rather regard his before post: "How to Protect Yourselves inward the Coming Bear"
Dow | 23,740.97 | -359.54 | -1.49% | ||
S&P 500 | 2,559.39 | -40.56 | -1.56% |
Or curt both the FAZ together with its mirror picture triple leveraged long (FAS) together with collect the decay.
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