Benjamin Roth: The Great Depression: A Diary
It's all here, times change people don't
-the endless govt programs that fail to stimulate the private sector
-the ups and downs of the economy, the veterans pension stimulates just as the housing credit did, until of course the money runs out
-Roth is a attorney in Youngstown Ohio who kept a diary regarding the economy from 1930 until WW II breaks out, he is objective, candid, and forthright which is more than we get from Washington DC now or then
highly recommended
Robert Scheer: The Great American Stickup: How Reagan Republicans and Clinton Democrats Enriched Wall Street While Mugging Main Street
The former Editor of Ramparts takes on both parties and how they sold out to Wall Street that is even now partying and bonusing on their former mistakes.
Charles Gasparino: Bought and Paid For: The Unholy Alliance Between Barack Obama and Wall Street
How Wall Street Backed the Administration and Got What It Paid For
« Ger,amu Bans Short Selling | Main | Three Markets at Extremes »
Tuesday March 12, 2019
Bank stocks rallied when it appeared interest rates were rising. Now that the ten year yield is falling the XLF is looking weak.
MACD is at its highest but XLF is failing at its 200day MA.
Cullen Frost Bank
I bought around 87 and enjoyed the ride to 105. Then CFR quickly dropped to 100. I put in a limit order to sell 102.21 and was filled. Looks like the rally is ending here.
The comments to this entry are closed.
Comments