The stock market is higher now since the $SIVB failure

A few more bank collapses should spur economic growth and the stock market can move to all time high.

 

Higher low than last year. Cal into the range above 4000.

 

https://www.bloomberg.com/news/arti...guarantee-all-bank-deposits-if-crisis-expands

 

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NOT sure anybody believes ex Pres of SF , noW Treasury Janet L Yellin when she promised to ''give all the UKraine people a pension'' HUH??
Maybe she was speaking personally\ in that case, lets see the math?LOL
But since she was the first woman ok;
+ better not mention her mature birthdate,or why President Trump refused to keep her/ but on a positive note, maybe her female intuition will finally kick in?? House said no to all covered. .
Sorry[sarcasm] Mr Dodd was not on the board another CA failed bank with Frank; they might have gummed up the bankrupt works on that failed bank. CA judge rule against antigunners; to move on with a positive+ XLF + CA note.

 

It really makes no sense because the market was dropping based on “ bad news” which was higher cpi data. Then banks fail( more bad news) and the market rallies because depositors were guaranteed? Why would that force the market to go up?
Shorts got caught after the government intervened for banks and as shorts cover algo’s kick in and everyone starts buying. Its fake in a way.

 

Traders don't care about good or bad news.

We care about whether the market is uptrend, downtrend, or no trend.

 

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MAYBE. Iv;
maybe not going up because of banks trend.
Like Rachel Ramsey Cruz noted this year, +good timing ''stock market trajectory is up for 50 years.'' SPY /QQQ JAN up.
Put another way/QQQ has a good YTD trend + all data trend + NO banks in that.
XLF which has some insurance +has YTD downtrend \but good weekly bottom if one like countertrend$\not in that =did trade xlf/+ FAZ was too hi when i tried to buy it
Like one market maker said\ [+ i'm not a market maker Lo L]''you will get the news before I do''

 

Retail has learned to buy in a crisis.

 

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THAT;
+ looks like some of them follow elephant herd tracks.
But bull elephant+ bison herd tracks cover turtle tracks , mountain lion + hawk signs.
Polar\ sun bears are in a different jurisdiction

 

Strangely the Regional Banking crisis just helped the QQQ rocketship go higher. Looks like all that matters is there is still growth in the tech sector and the rates keep going lower.

Just now the Fed said there is only one more rate hike coming this year so the QQQ rocketship will continue. I think this is the real reason BTC/ETH keep going higher.