Banking earnings are revealing some significant weakening in banking stocks.
You’ve got this inverted yield curve which is really starting to bite into interest income.
You also have loan loss provisions skyrocketing. Goldman Sachs just reported tremendous loan loss provision increases.
JP Morgan showed the same just last week.
► Today, I want you to short another banking stock: CMA.
For exact trigger, target and stop loss, come subscribe to The Daily Pick right now for just $9/mo: https://ProsperityPub.com/dailypick
Why not join us and get ready for tomorrow’s pick? Subscribe to The Daily Pick right now for just $9/mo!
The Daily Pick is Don’s daily alert service, where for just a few dollars a month, he gives you a pick every trading day, complete with triggers, stop loss and profit targets.
ABOUT DON’S DAILY BRIEF:
Every market day, Don Yocham scans thousands of potential stocks, whittling down the list to just a handful that could be setting up to make BIG moves.
The top idea from his daily scan ends up here.
For specific trade instructions, including triggers and stop loss levels, take a look at The Daily Pick, where for just a few dollars a month, you’ll get full trade instructions on Don’s top idea each day.
