Even with today’s 3% surge – the most in a month – on the heels of Unicredit’s CEO proclaiming that EU banks are “intensely” looking for fundin solutions, European banking stocks have collapsed for a 4th straight week for the worst losses since 2012.
Following the brief exuberance after Draghi unleashed his latest bazooka – which it seems was all front-run – European banking stocks have collapsed almost 20% – the biggest loss since April 2012.
Related Posts
The Lull Before The Storm—It’s Getting Narrow At The Top, Part 2- Schlumberger Technical Notes Ahead Of Earnings, Potential Bearish Pattern
Can Electrolux Elegance Breach Market Moats- Goldman’s Bear Market Indicator Shows Crash Dead Ahead, Asks “Should We Be Worried?”
Bull Of The Day: Callaway Golf
S&P 500 Snapshot: A Fractional Gain In A Relatively Tame Session
Leave A Comment