stopped for +20
Looking for a new area to short from
Looking for a new area to short from

out here for another +20shrt 3872
I don't pay much attention to news, but I would opine here that The Fed believes that they are at least partially to blame for the SVB collapse. I realize that SVB wasn't hedging risk, but according to reports, they had invested customer deposits in investment grade government debt and The Fed quick rate increases caused those instruments to decline in value quickly. I look for rate increases to pause.
Mile Wilson says to sell any bounce, I believe that.
I have some money in Signature Bank, better get there today to close my account, if the branch is still open-otherwise have to do online.
taking -5 hereshrt 3890