XJO 0.55% 7,629.0 s&p/asx 200

Bears have a few shots this week and banks are right in the...

  1. 2,392 Posts.
    lightbulb Created with Sketch. 2597
    Bears have a few shots this week and banks are right in the mix.

    Starting today with Evergrande.
    Seems like an never ending saga so I'd be surprised if there wasn't another adjournment

    However if the case goes through and we see Evergrande liquidated then there'll be a few institutions that get a big black mark on their books.

    If that's a non event then we've mega caps earnings and Yellen and FOMC that'll give bears another shot.

    If bears can't take their chance this week then they've got some big problems.

    I've got April puts on CBA, so ideally any one of those catalysts would be helpful. If not then CBA have earnings in a fortnight.

    Sooner or later somethings gotta give but whether that's in the timeframe I want is another story.

    Guess time will tell...
 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.