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US Financials

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bankedout
New Member

Posts: 1,748

US Financials Sept 21, 2015 17:25:55 GMT -5

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Post by bankedout on Sept 21, 2015 17:25:55 GMT -5

Has anyone been tracking US Financials? Could we be headed towards another crisis?

Look at HSBC:

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Keep your eye on BAC:

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and C:

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I think there is a good chance the whole industry could let loose.

blygh
Global Moderator

Posts: 2,257

US Financials Sept 22, 2015 18:38:05 GMT -5

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Post by blygh on Sept 22, 2015 18:38:05 GMT -5

I think that if the market holds its October 2014 low things will stabilize. But if it takes out that low, it could be 'Katie-bar-the-door'. I follow/buy/sell IYG for the financial sector. If it takes out $80 I am shorting financials - SKF works for me
Blygh

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