More pain ahead?
We just had a biggest bank failure in Silicon Valley Bank since the 2008 global financial crisis, sending shockwaves through the banking sector. Major indices ended last week with a decline of more than 4%.
This week, CPI number is set to be released on Tues. Are we going to expect more pain ahead?
Watch on my video find out more! Stocks covered in the video (technical analysis) – SPY, Apple, Tesla, Google, Meta
$SVB Financial(SIVB.US$ $Financial Select Sector SPDR Fund(XLF.US$ $Spdr S&P Bank Etf(KBE.US$ $S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $Invesco QQQ Trust(QQQ.US$ $Tesla(TSLA.US$ $Apple(AAPL.US$ $E-mini NASDAQ 100 Futures(JUN4)(NQmain.US$ $E-mini S&P 500 Futures(JUN4)(ESmain.US$ $Netflix(NFLX.US$ $Meta Platforms(META.US$ $Alphabet-A(GOOGL.US$ $Amazon(AMZN.US$ $Microsoft(MSFT.US$ $Dow Jones Industrial Average(.DJI.US$ $Vanguard S&P 500 ETF(VOO.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $Bank of America(BAC.US$ $JPMorgan(JPM.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Successful investing is about managing risk, not avoiding it. DYODD
Support my YouTube channel: Jay el
5393Followers
45Following
26KVisitors
Follow
N8TIV3 : IVE NEVER SHORTED A STOCK OR BOUGHT PUTS BEFORE BUT IM THINKING OF BUYING LIKE 1-2 ON A COUPLE BIG BANKS AND THE COMPANIES THAT HAD MONEY IN SVB WILL SEE WHAT HAPPENS . WHATS UR PLANS FOR THIS WEEK ??????
N8TIV3 : DONT HAVE TO BELIEVE ME BUT MY NEIGHBOR IS A REGIONAL MANAGER OF 6 BANKS HERE IN WISCONSIN AND WAS TELLING ME THEY PLAN ON HAULTING WITHDRAWALS AT SOMEPOINT THIS WEEK JP MORGAN .. WE SHALL SEE IF HE IS TRUE
MonkeyGee : Biden is not Trump that can stop a pandemic crash. I have never seen anyone move that fast. in 3 weeks Trump reversed the Market collapse. Biden is still try to stop the drop since he took office. I'm sorry I voted for him and I will never ever vote for a Democratic again in my life. I finally understand what they represent. Democratic has created most of stock market collapses we had.
Just Care Bears : This has nothing to do with politics SIVB has invested too much money onto startups Companies and technology and money that is not there’s is other people’s money this is a management problem and when the people trying to withdraw their money they are shorts of 2.55 billion on their balance sheet just that’s why Al this chaos is happening and it trickles all the rest of banks institution
Goldmcduck MonkeyGee: Yeah u must have forgot about that bush guy was he a republican. Any policy either one does takes affect years later while there already out their all crooks.