Week in Review: March 13-17, 2023

by | Mar 17, 2023

What a wild week. Banks are OK, just kidding and back and forth we go. I think a lot of retail is chasing headlines thinking they are getting great deals on bank stocks and then waking up the next morning to reality. These conditions are awesome for traders as long as you aren’t biased one way or the other.

If you are new to the site, here is a walk through showing how it all works. https://investorsunderground.com/s/PXvWe

 

ARDS Failed Follow Through

This was nice as it gave a great spot to cover and then popped right back up giving a chance for round 2.

 

SCHW Flush

Sometimes you just need to speak it into existence.

 

FRC Rating Cut

If you were quick this was a great trade.

 

FRC Headline

All the different bank headlines gave great trades on both sides.

 

AMD Reactive Trade

Nate had shorted this on earlier pops but had covered and was able to get back in on the last big pop.

Have a great weekend.

 

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