BOT SIVB @ $57.63

True to Costanza form, I bought shares of [[SIVB]], $57.63, aka Silicon Valley Bank.

This is not your average bank. With 27 locations in some of the key technology areas, they dominate business banking for emerging growth companies in the tech and biotech industries. They also have subsidiaries operating in the U.K., Israel, India and China.

Minimal exposure to real estate. Day-to-day core business remains very strong.

This chart does not look like a bank stock. Odd, no?

Stop: $51

Disclaimer: Not a recommendation to buy this stock. Be aware that you risk “de-banking” yourself when you buy bank stocks.