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🚨False hope sell off ahead of key data πŸ‘€

β€’ Silvergate $SI & SVB Financial $SIVB hurt banks $XLF $FAS $KBE $KRE
β€’ Higher-than-expected initial jobless claims
β€’ S&P 500 $SPY $SPX breaks its 200-day moving average
β€’ Looking ahead to Friday

#marketstoday #marketnews #stocks
πŸ“‰ Bank stocks sold off sharply amid concerns of rising rates, higher deposit costs, & weaker loan demand that collided

- Silvergate Capital $SI is voluntarily liquidating Silvergate Bank
- SVB Financial $SIVB seeking to raise capital due to elevated cash burn from its clients
πŸ“Š Initial jobless claims for the week were the highest claims levels since December

That teased the prospect of some softening in the labor market, as it marked the first initial claims reading above 200,000 in eight weeks πŸ€”

#jobs #joblessclaims
Read 5 tweets
16-Jan-22 Update, here's a weekly post answering where,what & how much in Indian Stock Markets

India Cements - 20%
JBM Auto - 21%
Suzlon Energy - 26%

#stockmarket #tradingnews #marketnews #newsupdate #investing #financenews #Nifty50 #marketweekly #sharemarketupdates
National Standard (India) - 27%
Greaves Cotton - 36%
Jaiprakash Power Ventures - 46%

you can join Us (Telegram) : t.me/tradersofindia
Read 3 tweets
19-Sep-21 Update, here's a weekly post answering where, what how much & why of the action in Indian Stock Markets

#stockmarket #tradingnews #marketnews #newsupdate #investing #financenews #Nifty50 #businessnews #marketweekly #sharemarketupdates Research and development driven specialty chemicals manufactSuryoday Small Finance Bank (SSFB) shares soared 30 per centRakesh Jhunjhunwala-owned stock Nazara Technologies hits all
Top Weekly Gainers List :
1. Ami Organics
2. Suryoday Small Finance Bank
3. Nazara Technologies
4. Meghmani Finechem
5. Cosmo Films

Don't forget to Follow Us &
Visit Us at tradersofindia.in
to learn more. After demerger from its parent organisation, Meghmani FinechCosmo Films gains after board OKs Rs 350-cr capex plan, firs
Read 3 tweets

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