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First weekly loss in 2022: Leave or stay?
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Go with the Flow

Since interest rate hikes are inevitable, I would adapt to it by buying bank stocks as they will generally benefit from the rate increase. I am buying $JPMorgan(JPM.US)$ in anticipation that they will announce spectacular results this week on 14 Jan, sell after the earnings release, and switch to $Goldman Sachs(GS.US)$ in anticipation of better than expected results on 18 Jan. Hope these two short term trades will turn out as planned and that there will not be any nasty surprise.
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  • Violets : I'm in big stocks but but concerns me is maybe the earnings will not be as good as we are hoping. we know they're going to an electronic dollar so I'm just wondering what's going to happen with the bank stocks. looks like there's some heavy put activity in March of 2022

  • Upncoming1841OP Violets: Yes, there is always a risk of a nasty earnings shock. So i am taking a calculated risk that 1) earnings will be good and 2) the stock price will rise following the good earnings, cos both could not be taken for granted. But I am going to take the risk cos I know that the staff of both banks are getting huge bonuses, which I interpret to be a sign that both banks are doing great and the banking sector on the whole had a fantastic year.b

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