To The Moon

On Wednesday, Federal Reserve officially announced that funding support created for banks last year, the Bank Term Funding Program (BTFP), which was for response to the potential financial crisis caused by the collapse of Silicon Valley Bank, will be terminated as planned in March 2024. Banks can continue to get new loans until March 11 under this program, but the interest rate would not be lower than the reserve rate on the day of the loan. Fed Bank Term Funding Program (BTFP) Usage Is At Record High Because of the increased arbitrage opportunities resulting from the decline in BTFP borrowing costs, and this cause a significant increase in BTFP usage in recent times. Due to these factors, Fed make the decision that the program will terminated as planned in March. According to data from th

$JPMorgan Chase(JPM)$ Adding to JPM "Death Cross" burdens, this stock recently approached the top quadrant of a YTD downtrend with overhead resistance keeping it from breaking out. Instead, JPM closed below its 5 & 21-day moving averages. It's 20-month low of $106.06 is clearly a target of bears. There is a gap between $105.10 and $106.06 that could be filled before any further selling ensues. If JPM closes below $105.10, could there be more sell-stops that eventually push it towards its 2-year low of $91.38 set on 9/24/20? Only time will tell.

Railroad Stock of the Day: $UNP - Trades at 13x EV / EBITDAFrom Youtube: https://www.youtube.com/watch?v=GY1BGqSX5LM

Rolls-Royce shares soar 23% after annual results beat expectations. Once the headline came out, people who can afford or cannot afford Rolls-Royce were shocked. In fact, Rolls-Royce's main business is aero-engines, now Rolls-Royce's car trademark already belongs to $Bayerische Motoren Werke AG(BMWYY)$. The jewel in the crown of the industry: the engine that saved BritainIn 1906, two engineers set up a company in Manchester, England, with the aim of building automobiles.Later, in response to national demand, the company became involved in the aero-engine business, producing the Eagle engine that was used extensively in World War I Allied aircraft.By the end of the 1920s, aero engines had become the company's main business, and Hurricane and S