Tuesday, June 21, 2016

Listening To Yellen Speak To Congress: Negative For XLF

Many think that the Fed will give banks 2 years after failures for living will in Oct 1st living will resolutions. Mrs Yellen just said to congress the Fed will have, under the rules that we wrote about many times, the right to break up banks if they dont meet deficiencies in Oct or shortcomings in summer 2017. That is the shortest timeframe of all the timeframes we have been writing about and puts this issue in play ahead of the elections.

Chaim Siegel has been working with hedge funds and mutual funds as an analyst and PM his entire career. Chaim specializes in earnings and predicts, analyzes and reacts to earnings and earnings events as well as developing current company stories with a hedge fund perspective. If you want his analysis real time sign up to the right for real time email alerts. #in, $spy, $qqq, $iwm, $vxx, $ycs, $fxe, $EUO, $YCS, ^GSPC, INDEXSP:.INX, #elazaradvisorsllc, CME Globex: ES Disclosure: These trades can lose you money and principle especially when using leverage BY USING THIS SITE YOU AGREE TO TAKE ALL RESPONSIBILITY FOR YOUR OUTCOMES AND LOSSES AND HOLD BESTIDEAS, ITS CONTRIBUTORS AND ELAZAR ADVISORS, LLC HARMLESS

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