Home Forums Hunting & Shooting Hunter's Campfire Who's buying regional bank stocks?

Is the current discount regional banks are trading at attractive enough for you to be a buyer? If not, is there a price that would entice you to buy?

Is it time to start buying 2 year and greater term bonds or rolling treasury ETFs? Will the fed stop raising rates? At the beginning of last week the market seemed sure of 50 bp hike on March 22/23. A week later many are saying the fed will pause rate hikes.

DPST is a Direxion 3X leveraged regional bank fund if you are brave. Lost over 35% today.

Down 62% YTD.

KRE is a regional bank fund... I sold mine yesterday at a small loss... just not worth the worry until this crap shakes out.

Just purchased a piece of property with my expendable cash, would be buying local bank stock if not.

I’m not interested at any price as I know very little about the banking industry.

Oh yeah! All I can get….😳

If you spend a lot of time following bank stocks you can make some money. I don't have that kind of time. Dividend paying stocks in well established companies is a better strategy for the long term. But, if you have a lot of time..........

kwg

Can one make bank buying into this sector?

Man, we are poontang hair away from a complete collapse of everything. Nearly every bank has a schit load of treasury bonds that they can’t unload for years without taking at least a 25 percent haircut. They are under capitalized as it is, but figure in that and it’s mind boggling. If people start getting their money, then there isn’t enough to go around.

Apparently for the first time in 107 years the federal showed a quarterly loss last quarter and lost $15 billion.

We are in the pickle. We need to raise rates to stop inflation. Raising rates undermines the entire system and will bring a crash. And then of course, the clueless Biden proposes a $6.5 trillion budget.

Uh, Suckers?

Not I.

Let’s See ..

Treasury’s got a 28 Billion Line of Credit for this Emergency to Fix a 658 Billion Problem..

Will somebody please Write this on the Dumpster..

I bought FRC not long after open yesterday and am up over 40%. SCHW also but it is back only 10%.

Also HBAN but it is stuck down. Odd, since their balance sheet actually looks pretty good and they’ve historically been able to avoid exposure to crashes.

Looks like HBAN broke loose at open and all of them are printing now.

Not I.

I owned a few shares in our local bank. I still have the paper, but Tom Huston made the stock worthless one Friday afternoon in 1985.

Keeping My Finger on the Trigger all Day ..

Obsessed with every Tick on the Screen..

Not knowing if a Whale will Bail ..

Clueless my ass! All this chit is intentional. Nobody is capable of screwing up so much so fast by accident.

Did you sell today?

I think you underestimate career politicians.