Friday, November 8, 2024
Normally sleepy regional banks have been wildly active in options trading after the SIVB crisis from last week. First Republic Bank (FRC) is a regional bank that investors have been very concerned about, with the stock down over 70% in a week. Despite bankruptcy concerns, some options traders
It got bumpy out there all of a sudden. Although I was surprised that Silicon Valley Bancorp (SIVB) lit the fuse, I am not shocked that something blew up. Every time the Federal Reserve has a rate increase cycle, something blows up. Signature Bank (SBNY) and Silvergate, on the other hand, were not that much […]
With the collapse of Silicon Valley Bank, the hit to financial sector stocks has been brutal. As a reference, the iShares U.S. Regional Banks ETF (IAT) dropped by more than 30% in a few days. During a follow-up webinar with my newsletter subscribers, I discussed how steep market corrections have been showing up more often… […]
The only thing markets are watching, at the moment, is the fallout from the Silicon Valley Bank (SIVB) collapse last week. As nearly 50% of the global tech sector banked with SVB, it became an immediate, systemic economic crisis. Around the globe, central bankers and Treasury Departments spent the weekend looking to stem crises across […]
Well, that was unexpected. The bank run we saw last week at Silvergate (SI) and Silicon Valley Bank (SIVB) was stunning and completely unforeseen. Unless, of course, you were listening to what I’ve been saying for 18 months: the Fed’s rate hikes make unprofitable, risky companies much less valuable, and fast. But the vast majority […]
The banking sector got hammered last week after SVB Financial (SIVB) had to sell some assets for a large loss to increase liquidity. The crash in SIVB shares sent the SPDR S&P Regional Banking ETF (KRE) down 8% in a day. Options trading in KRE was unsurprisingly brisk given the added volatility. However, a couple […]
Serge Berger here with a little bit of straight talk from me. I’ve been in the markets for a few decades now… yes, even through the 2008 crash (where I traded with a big bank). I’m talking with private clients and there’s still way too much complacency with equities. And I understand why. We’ve lived […]
Airlines have become perpetual motion machines. The global economy is weak, fuel prices are rising, yet there is an apparently relentless demand for flying around the world. It’s an air travel boom. Here’s how to invest to profit from it… People all over the globe have flocked back to air travel as restrictions have ended […]
Recently, I dug into recent financial results of several downstream crude oil refiners. I am a fan of the energy subsector, but I was surprised at how well these companies can and will perform in the current energy price environment. So surprised that I was happy to add a new refiner stock to my dividend […]
The Invesco QQQ ETF (QQQ) is a wildly popular ETF that tracks the Nasdaq-100. It’s a tech-heavy index that has been in a sideways pattern for much of the last year. When a stock is moving sideways, a covered call can be a good way to optimize returns while holding the shares. In this case, […]
