Opinions
Larry Berman CFA, CMT, CTA
Direxion Daily Regional Banks Bull 3X Shares
DPST-N
PARTIAL BUY
Sep 27, 2021
Likes the banks for trading. As the yield curve steepens, there are trades to be made. If you are the leveraged type, it could be fine for short trading. Often, investors are not able to get out and it tends to become long term holds. Need to be disciplined to trade over days and weeks. There is natural erosion and the net asset erosion is work if it is more leveraged.
N/A
Stock price when the opinion was issued
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