Don’t look at the indices, my little internet friend. The Dow and the Nasdaq will throw you off. Today’s jump is misdirection at its finest, propping certain sectors up in order to get liquid on your dumb ass.
If you quietly look underneath the surface, you will be frightened. You will see all sorts of hideous things, monsters and goblins posing as equities, if I may be so bold.
“The Fly” has completed his latest research project and the results are maddening.
How could so many banks be doomed, at once?
Answer: because they were all drinking from the same tainted pool, fed to them by the asshats at BSC, [[LEH]], [[MS]], [[MER]], [[C]] and [[GS]].
One might urinate his pants, taking a gander at the regional banks, today.
My list of “Fucked Banks” include:
[[FITB]] hart tip Jake Gint, [[HBAN]], [[CATY]], [[ONB]], [[FTBK]], [[FED]], [[DSL]], [[CORS]], [[FHN]], [[TCB]], [[EWBC]], [[ZION]], [[PACW]], [[RF]], [[BBT]] and [[TRMK]], just to name a few.
My short list includes: FED, DSL, FHN, CORS (The Reverse Four Horsemen), RF, CATY, RF, BBT, PACW and HBAN.
A few others to note are [[PZN]] and [[WB]].
If you’re wondering: “what shall I do now”? I will tell you:
Run far away. As far as your bullshit legs will carry you. Travel to the mountains of Romania, where you can live off the land and drink goats milk, instead of chocolate bars and disgusting oversized burritos aka food for gluttons.
As for me, I will remain here “saving the country” via betting against bullshit banks and using the proceeds to buy up distressed property, where I will build large underground parking lots, to hold the many cars that I intend on collecting in the coming years.
Top pick: short the banks
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