Banks/Financials

    Posted by matt on 9th of Mar 2023 at 03:20 pm

    $BKX - Chart Link- - boy that is UGLY, something could be breaking. You don't' see moves on the Bank index like that

    XLF - Chart Link- H&S pattern played out 

    SIVB - Chart Link- one

    Posted by matt on 9th of Mar 2023 at 03:22 pm

    SIVB - Chart Link- one of there reasons for the move in the Bank sector, stock blew up

    Huge losses in their bond

    Posted by pkrsek on 9th of Mar 2023 at 03:38 pm

    Huge losses in their bond portfolio. Net interest margin squeeze. Shrinking deposits. If it's happening to them it is likely happening to others, although this bank tends to be more aggressive than most others. 

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