Lions! Watch For A Rebound In Financial Stocks. By Gregory Mannarino
My beautiful Lions! I am back.
As most of you know, I have been in the process of moving over the past several days.. moving is a real drag.
Anyway with that out-of-the-way, it's back to business and we need to be watching the financial sector!
It is obviously no secret that financial stocks have been under pressure over the past several weeks beginning with Goldman Sachs however, in my view the financial sector is over sold and will present some screaming opportunities to buy as this week progresses.
Specifically I am looking at ticker XLF, (the ETF that follows the financial sector). Although at the time I am writing this article it may be too early to get in on XLF, I am watching it very closely looking for an opportunity to pounce!
So my Lions, put XLF on your radar screen.
As always, the moment I enter a position here I will post it on my website TradersChoice.net Click here: https://www.traderschoice.net/money-page--stock-picks.html
Happy hunting my Lions!
Gregory Mannarino @marketreport
I would prefer they implode.
This Post was Added to the Steemit Social Media Queue.
You will likely get your wish on the banks. The problem is that teh cryptos won't be your "safe" alternative like the Pied Piper of the Bitcoin bubble >>> Dollar Vigilante, Jeff Berwick thinks. I see you followed him into EOS. I'm personally working on turning Jeff Berwick into the Peter Schiff of teh rapidly approaching cryptoid apocalypse. Can a guy with less than 150 followers actually "single-handedly" take down a guy with over 10000 followers? Anyone want to bet a $50 lunch that I can't? :-)
Brother Greg, I understand the frustration of moving all to well. I am about to make a seventh out-of-state move in just a year-and-a-half in pursuit of work. I am actually taking a piddly $10.50/hr job with the nation's second leading 'fast-pharmacy' joint . . . . a far cry from my $50k-$60k days being useful and productive as a circuit design engineer formatting fiber optic grids across the country. Such is life in the creative job days. My record is nine out-of-state moves in 2.5 yrs so I am on pace to break that distinction - would not wish this on my worst enemy. I always make these moves alone (no vehicle), not pleasurable, not even a little bit.
This means cryptos are probably gonna take another noticable hit before the first of august, sell and get on some stocks fast. Save some for cryptos, as there might be a short buy window coming fast.
First vote!!! awww yess!
Hey everyone I made bet against the debt apparel specifically for steemit users and they will be available today only. Check my most recent post for details! Here's an example of a shirt
Thank you Mannarino for helping us all!
This is AWESOME!
thank you Greg, I appreciate the comment!
Glad your back greg I'm I getting optimistic or do you think the metals are starting to creep up. Cheers mike
Welcome back, I missed You. How's the new place? I've been catching up on your reruns.
What is your take on buying Steem > SteemPower, as an investment and compared to Bitcoin, Ethereum, Litecoin etc...? Steem price value doubled last week.
Looking forward to today's video.
Welcome back Greg! You were missed! Great advice and XLF did make a nice little jump today. The traders must have been waiting for your picks! Glad you're back man.
we upvoted and we thank you Greg for all the info