iBankCoin

Trading with The Fly

Dr. Fly
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,411 Blog Posts

Get Ahead of the Curve

Dr. Fly Mon May 4, 2015 3:28pm EST 7 Comments

You better pay attention to these fucking yield curves–because they’re steepening. TLT is getting the business and banks are going to mint coin on this move.

Very simply: there is an inverse relationship between the yield curve and equity performance in bank stocks. Now that yields are rising, and fast, expect your local money manager to awake from his slobbish slumber and get long super regionals.

TLT

I have two favorites: SBNY and BOFI, both high growth/quality super regionals.

I added to SBNY on this move here today.

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7 comments

  1. vandamme
    vandamme
    May 4, 2015 at 3:32 pm

    FAS brah

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    • bexpo
      bexpo
      May 4, 2015 at 3:42 pm

      Fed IS Raising – Fed is NOT Raising!
      Eenie Meenie Miney Mo?

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  2. matt_bear
    matt_bear
    May 4, 2015 at 3:33 pm

    already in BAC calls. today has been a nice day. your exodus is a fine product, sir.

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  3. jersey whale
    jersey whale
    May 4, 2015 at 3:37 pm

    I’ve been underwater in some $HCBK for a few years

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  4. it is showtime
    it is showtime
    May 4, 2015 at 4:00 pm

    No record highs — — AGAIN

    • 0
    • 0
    • 0 Deem this to be "Fake News"

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