[vodpod id=ExternalVideo.810392&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] The Reformed Broker, AKA The Iron Condor, here with today’s Market Recap… The double and triple-long bank crowd may have stayed one day too late as the financials took a breather, with the KBW Bank Index (BKX) off over 6.5% on the day. Maybe the enthusiasm for the group waned on the heels of Goldman‘s…
BKX
Market Recap: Bank Shorts Were Lunch Meat Today
[youtube=http://www.youtube.com/watch?v=mGMT99i00M4] The Reformed Broker, AKA Jackie Treehorn, here with today’s Market Recap… Plenty of traders put on bank stock shorts on the heels of last week’s positive pre-announcement from Wells Fargo (WFC). They didn’t like how the numbers were put together or thought the move was too much or both. Their money was confiscated today as…
