BAC is not looking good here, take a look.... Is it any wonder why. I'm in a musical mood today.
That's a small bit of accumulation and a rather large bit of distribution. I'm expecting downward pressure to continue in the banking sector, starting with BAC.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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