What a wild week. Banks are OK, just kidding and back and forth we go. I think a lot of retail is chasing headlines thinking they are getting great deals on bank stocks and then waking up the next morning to reality. These conditions are awesome for traders as long as you aren’t biased one way or the other.
If you are new to the site, here is a walk through showing how it all works. https://investorsunderground.com/s/PXvWe
ARDS Failed Follow Through
This was nice as it gave a great spot to cover and then popped right back up giving a chance for round 2.
Sometimes you just need to speak it into existence.
FRC Rating Cut
If you were quick this was a great trade.
All the different bank headlines gave great trades on both sides.
AMD Reactive Trade
Nate had shorted this on earlier pops but had covered and was able to get back in on the last big pop.
Have a great weekend.