The full post can be found here.
Trading the SVB Panic
March 13, 2023 at 16:22 PM EDT
I know that financial stocks are more than just banks, they include financial conglomerates like American Express, broker-dealers, life and property and casualty insurers, and so on. But mark this day. This will be a financial panic to tell your grandchildren about. As the chart shows, the technical damage to the sector is considerable.