Taming the Bank Trade
April 14, 2023 at 13:30 PM EDT
Taming the Bank Trade Dear Reader, How should we take that rug pull that happened on Friday morning? As I've noted, low-volume momentum is extremely dangerous... and key technical lines have fueled large selloffs that crush the FOMO traders. So while JPMorgan Chase (JPM) popped more than 7%, the regional banks remain stressed. PNC Financial Services (PNC) dropped 2.4% […] The post Taming the Bank Trade appeared first on Money Morning - We Make Investing Profitable .
