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On one of the sites

Posted by amcap on 18th of Apr 2023 at 06:49 pm

On one of the sites I subscribe to the banking annalist was commenting on the CA banks.  

"California has been the most difficult state so far in terms of finding a really solid bank. We've looked at more than 80 banks, and most of them have either a low score or red flags such as exposure to high-risk commercial lending, unsecured loans, non-core assets related to IT and VC, and very complex derivative products sitting on their off-balance sheets. Quite a few were loss-making and were basically on life support from the tech companies."

That's why they are pushing

Fed total assets

Posted by amcap on 16th of Apr 2023 at 09:31 am

That's why they are pushing hard on the CBDC, to avoid the run on the banks, It's programable so no gun, oil stocks or gold purchases. lol

SPX

Posted by amcap on 24th of Mar 2023 at 09:11 am
Title: SPX

You guys are getting too

PLEASE TAKE TIME AND LISTEN

Posted by amcap on 24th of Mar 2023 at 08:33 am

You guys are getting too bearish, I'm going with the guys with the printing press. lol

, I'm counting 5 waves

Posted by amcap on 24th of Mar 2023 at 08:28 am

, I'm counting 5 waves down in c for IWM with the premarket lower low of 168. If we can get a impulse rally through 178 it projects to 200, but as Steve says one day at a time.

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