Podcast and Chill #76
Next Phase of Banking Crisis; SEC Wells Notice; Trading The Bank Blowback
Today’s Cheat Sheet -
Support and resistance levels and our daily, weekly and monthly bias on BTC, ETH, OIL, ES, and NQ as well as our favorite altcoins.
“Today Jack interviews Randy Woodward, managing director at Raymond James Financial, and Joseph Wang, author at https://fedguy.com/, for a conversation on how the recent banking turmoil has muddled the Federal Reserve’s inflation-fighting mission. Woodward, a banking veteran with a rare understanding of the regional banks’ investment portfolio, gives a glimpse into the interest-rate exposure (“duration”) of the mid-sized and community bank community that is unavailable by just looking at public filings.”
“Paul Grewal, Coinbase’s chief legal officer, shares his concerns about the SEC’s recent warning that it would pursue legal action against the crypto exchange. With the U.S. markets regulator failing to provide clear rules on digital assets, Grewal discusses the implications for Coinbase and for the future of crypto in the United States.”
“Dan Nathan, Guy Adami and Liz Young break down the top market headlines and bring you stock market trade ideas for Thursday, March 23rd.
- Bank Blowback $XLF $KRE
- Liz Reacts to the Fed
- Hindenburg Research $SQ Short + Dan’s trade update”