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Popular Tech ETF... The Fed’s CCAR regulations have the ‘big five” (JPM, C, WFC, BAC, GS) price setters somehow hedged down to a 55% equity price reduction so for this thing that’s the level from its recent high of about 0... probably significant support down at that level (if it gets there) ... currently down about 35% from recent high so 20% above there now...
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Mike Norman considers the following as important:
This could be interesting, too:
Popular Tech ETF... The Fed’s CCAR regulations have the ‘big five” (JPM, C, WFC, BAC, GS) price setters somehow hedged down to a 55% equity price reduction so for this thing that’s the level from its recent high of about 0... probably significant support down at that level (if it gets there) ... currently down about 35% from recent high so 20% above there now...
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
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Popular Tech ETF... The Fed’s CCAR regulations have the ‘big five” (JPM, C, WFC, BAC, GS) price setters somehow hedged down to a 55% equity price reduction so for this thing that’s the $72 level from its recent high of about $160... probably significant support down at that level (if it gets there) ... currently down about 35% from recent high so 20% above there now...
