2023-03-26 21:45:07 ET
Summary
- Don't let the regional bank scare, scare you away from the rally.
- I may be overly optimistic, but there is a chance that we could have another January-type bear market rally.
- Just be aware of where the exit is when the party ends in a panic. The signs will be there.
- The next shoe to drop might be in commercial offices, so I am short two REITs via Puts. REITs that own B and C-level offices may have a number of foreclosures to deal with.
For further details see:
A Sharp Rally Is Being Masked By A Minor Bank Crisis, Opportunities, And Dangers