That great European banks bull call
That great European banks bull call
Credit where credit is due. Recall the Autonomous long euro banks call we posted on May 20, SX7E is +17% from lows that day.
Main points from the call on May 20:
Autonomous lays out the below points today:
1. the sector’s Q1 results were relatively resilient
2. some tail risks have been removed
3. look ahead to the next quarter’s catalysts shows more positives than negatives
4. more gloom is priced in for the banks than other sectors
5. can the slightest small catalyst lead to a massive catch-up rally?
TME take here, the support held very well, but we are approaching first bigger resistance levels here.
Credit where credit is due. Recall the Autonomous long euro banks call we posted on May 20, SX7E is +17% from lows that day.
Main points from the call on May 20:
Autonomous lays out the below points today:
1. the sector’s Q1 results were relatively resilient
2. some tail risks have been removed
3. look ahead to the next quarter’s catalysts shows more positives than negatives
4. more gloom is priced in for the banks than other sectors
5. can the slightest small catalyst lead to a massive catch-up rally?
TME take here, the support held very well, but we are approaching first bigger resistance levels here.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.