Florence Gallup
Florence Gallup
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i'm bullish on the US banking sectordespite facing cost pressures like wage growth, their profitability and market performance have shown strong fundamentalsgiants like $JPMorgan Chase(JPM)$ $Bank of America(BAC)$have hit new highs in PB, signaling market confidence in their future growthpotential economic recovery and improving interest rate environment will bring more profit opportunities to the banking industry
$DJIA(.DJI)$ $NASDAQ(.IXIC)$ $S&P 500(.SPX)$ i firmly bullish on the market though CPI data may indicate inflationary pressureFOMC meeting minutes will reveal the Fed's supportive stance on the economyboosting market confidence i expect the market to respond positively to this informationwith both the stock market and bond market benefiting from clear policy guidance and optimistic economic growth expectations
I think I will take profit from short $Tesla Motors(TSLA)$ no matter how q1 delivery data turns out whether it meets expectations or exceeds them it won't restore long-term confidencewith the price war in china's electric vehicle market tesla can't hold on. i think shorting is the right move. i'll continue with my short position targeting $165. if it breaks $165 i'll short it down to $110.

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