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home / news releases / KRE - KRE: Regional Banks - It's All About Risks And Price Action

KRE - KRE: Regional Banks - It's All About Risks And Price Action

SPDR S&P Regional Banking

2023-03-19 02:12:32 ET

Summary

  • Many smart and well-informed analysts seem to think that this is a great opportunity to buy the dip in regional bank stocks.
  • While I think that the SPDR S&P Regional Banking ETF will eventually recover, I believe that the risks are disproportionately high.
  • I think that KRE ETF is a sell today, but my rating will likely change once the market provides enough clues of bullish support.

For further details see:

KRE: Regional Banks - It's All About Risks And Price Action
Stock Information
Company Name: SPDR S&P Regional Banking
Stock Symbol: KRE
Market: NYSE
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