[deleted] t1_jdge1iq wrote on March 24, 2023 at 5:04 AM

Reply to comment by BeyondShroud in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

[removed]

Alien8w8 t1_jdge0vg wrote on March 24, 2023 at 5:04 AM

Reply to Fed Balance Sheet by Mega-Lithium

But but but..... it wasn't a bail out and QE was done.

Fucking pretend rich people...

darkspd96 t1_jdgduex wrote on March 24, 2023 at 5:02 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

Buy a bank etf

DYTTIGAF t1_jdgd59m wrote on March 24, 2023 at 4:54 AM

Reply to comment by LegendsLiveForever in Fed Balance Sheet by Mega-Lithium

Sure. I heard those explanations 3 years ago. That's why the Federal Reserve has had to raise rates 9 times to address the problems associated with "theories" of how things are supposed to happen and the "reality" of what actually did.

Bitter-Heat-8767 t1_jdgcg9c wrote on March 24, 2023 at 4:47 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

Could be. But also, could not be.

neutralpoliticsbot t1_jdgcclq wrote on March 24, 2023 at 4:46 AM

Reply to comment by Hairy_Inspector_5089 in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

I bank with TD and their app is the worst out of all I tried.

You can't even manage your credits cards there it has to open a new window in your browser like wtf its 2023 TD. You can only see the balance. They also couldn't figure out notifications for a long time, at one point you had to install a sperate app just so you could get notifications....

Is there any bank out there that still doesn't have all services in one app?

[deleted] t1_jdgccbo wrote on March 24, 2023 at 4:45 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

This is wsb !

Next month is all results starting from big banks.

I bought some shares of KRE and DPST, holding for 45-60 days to see whether bank ETFs recover from here.

https://imgur.com/UHxHBfO

https://imgur.com/f5VwpnD

Further goes down, I will DCA further.

Blacknesium t1_jdgcc7u wrote on March 24, 2023 at 4:45 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

There is no bottom when Biden is manning the control sticks. Just a slow wobbly fall down the stairs for 4 years.

IndyOpenMinded t1_jdgc36j wrote on March 24, 2023 at 4:43 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

My SOFI calls will print.

neutralpoliticsbot t1_jdgc1yl wrote on March 24, 2023 at 4:42 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

I think so, but it could fall further.

Looking at $KRE fund

[deleted] t1_jdgc1ea wrote on March 24, 2023 at 4:42 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

[deleted]

Ok-Run5317 t1_jdgb0fq wrote on March 24, 2023 at 4:32 AM

Reply to comment by BeyondShroud in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

the only time banking stocks get in vogue when market is in distribution mode. that is stocks are being offloaded to poor retail bag holders. bullishness in risky stocks like bank should be taken as time to lighten up long position and initiate short positions on overbought levels.

ian_v_t t1_jdgaxnx wrote on March 24, 2023 at 4:31 AM

Reply to comment by Dark_Delusion in Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

Cartel money probably

HomosapianDaGreekGod t1_jdgaxes wrote on March 24, 2023 at 4:31 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

Canadian banks are the only ones i would buy. i have no trust in american ones.

Been watching the top 5. Want another 10% drop before I buy in. The big fish have to buy now because it takes them weeks to fill their amount of shares up. For me, I can buy lower. But i also think these are good prices to begin a position. and if another 10% pullback happens i would be happy to add. RBC is my top bank followed by TD.

GLTA.

Ductard t1_jdgawi7 wrote on March 24, 2023 at 4:31 AM

Reply to Fed Balance Sheet by Mega-Lithium

How do we make money from fed balance sheet to the moon?

Friendly_Duck_5587 t1_jdgavth wrote on March 24, 2023 at 4:30 AM

Reply to Bank stocks fell again, is this a good opportunity to buy at the bottom? by BeyondShroud

sure just stay away from frc thats a death trap

LegendsLiveForever t1_jdgavop wrote on March 24, 2023 at 4:30 AM

Reply to comment by DYTTIGAF in Fed Balance Sheet by Mega-Lithium

That's not how that works...

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-bulletin/2014/money-creation-in-the-modern-economy.pdf

Banks create loans out of thin air.

MMT’s view of how the credit mechanism works has since been confirmed by publications of the Bank of England and the Deutsche Bundesbank. This proves the conventional money supply theory to be scientifically outdated, because it claims that commercial banks are dependent on savings or central bank balances for lending, i.e. they “lend” savings or central bank deposits when they extend credit.

https://ibb.co/HBNSCyg - QE DOES NOT cause inflation.