What's going on with financials? crowded trade?
charts show XLF and bank stocks ran hot during 2021 before the fed started serious tightening.
and now they're overbought and reaching for the highs again, while fed is tightening.
What is the proper sentiment to have for this sector right now?
during the great recession, goldman tanked. Aren't we going into another recession? So financials should be heading for another decline?
which direction are you betting next?
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