KRE
4 tracked calls · 3 long · 1 short · last 90d: 3L/0S
first called by Jordi Visser 5mo ago
LONG5d ago
“I think the breakout by the regional bank index is very bullish. It looks great... I'm just seeing so many of these regional bank stocks that either have broken out or very close to it and they're ver”Thoughtful Money · Adam Taggart | Thoughtful Money®
Investors are dumping overvalued tech and rotating capital into regional banks breaking out of a two-year bear market at a cheap 11.91 P/E ratio.
KRELONG@ $75.10
$76.09+1.32%
since call Jul 26
peak +1.5%
LONG3w ago
“financials especially banks not not necessarily Wall Street money center banks but regional banks. We actually added a a sector uh holding in in um regional banks a few weeks ago.”Thoughtful Money · Adam Taggart | Thoughtful Money®
Investors are rotating out of frothy tech stocks and pouring into beaten-down regional banks, so buy KRE to ride its 17.1% year-to-date surge.
KRELONG@ $76.29
$76.09-0.26%
since call Jul 5
peak +3.3%
LONG3w ago
“KRE regional banks. I think you're going to have a lot of consolidation with inside the regional banks. I think they're going to be buying up the smaller banks... If you're big enough to put AI into y”Jordi Visser
Larger banks are swallowing up smaller ones to spread the high costs of AI and drive a $15.1 billion wave of regional bank mergers.
KRELONG@ $73.66
$76.09+3.30%
since call Jul 5
peak +4.0%
SHORT5mo agoFLIPPED
“the financials broke under the 200-day moving average where they closed the week … the KRE, which was down big, the regional banks”Jordi Visser
AI-driven private credit cracks bleed into banks; financials break the 200-day MA and regional lenders fall hardest.