Replies to post #12707 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[jenna]

MWD NTRS (4 quarters disappointments, FITB, also full of problems)

MWD last 2 quarters were not good All three are short any rally plays but NTRS is a one day reversal short. Now looking for MEL and C to possibly retest February lows and even if you are not short that group, its a good barometer for the breakdown of the banking infrastructure which must hold up any rally. Those banks are the first I look out before I decide to hold tech shorts overnight.