Posted by sbaxman111 on 8th of Jul 2016 at 04:58 pm
I have no doubt that the ECB is trying very hard to keep things
from spiraling lower in the EU. Kimble's post today discussed the
need for these bank indexes to find support at the designated
lines, or things could head south.
Both of these ETF’s started falling hard back in 2014, long before
the Brexit vote. The large declines now have EUFN
testing 2011 lows and EWI
is now testing lows that took place during the financial
crisis. Once these banks started heading down in 2014, broad based
indices in the states (NYSE, Wilshire 5000, Valu Line Geometric,
Russell 2000) peaked and started heading lower.
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Or just da boyz wantin
ZH - equity fund outflows for 17th straight week
Posted by john9o9 on 8th of Jul 2016 at 03:23 pm
Or just da boyz wantin to run da shorts!!!
I do believe I read where the CBs pumped in a trillion or so upon the brexit!!
I have no doubt that
Posted by sbaxman111 on 8th of Jul 2016 at 04:58 pm
I have no doubt that the ECB is trying very hard to keep things from spiraling lower in the EU. Kimble's post today discussed the need for these bank indexes to find support at the designated lines, or things could head south.
Both of these ETF’s started falling hard back in 2014, long before the Brexit vote. The large declines now have EUFN testing 2011 lows and EWI is now testing lows that took place during the financial crisis. Once these banks started heading down in 2014, broad based indices in the states (NYSE, Wilshire 5000, Valu Line Geometric, Russell 2000) peaked and started heading lower.