Post by
NoShoesNoShirt on Apr 03, 2024 10:10am
Sure hope you didn't panic yesterday
There is no need to sell anything if the trend isn't broken. Look at 1 year charts of the banks and other financial companies. Even if they go down a bit, central banks are ready to juice us with rate cuts. Ride the waves!!! Sorry for your loss, Inglewood.
Comment by
Inglewood on Apr 03, 2024 10:26am
Yep... third time in the last 2 months I jumped all out, and then wish the next day I didn't!.. Think I am going to stay parked this time until the end of the week, post-Powell today and the nonfarms payroll later this week. Also, I believe the big US banks kick off earnings season at the end of next week.... lots of data points and potential catalysts coming for FTN and FFN.