After lots of leaked news and rumours, the final verdict of the bank stress test result was finally announced. Some banks needs extra capital while some do not. What’s next now for the stock market movement? Is it going up or correcting downwards?
US Bank Stress Test Result
In case if you have not seen the result of the US bank stress test announced last week. I found a good summary published on Turtleinvestor888 as followed. You will have a quick snapshot on which bank need to have extra capital and which bank are healthy enough. Bank of America came out to the #1 bank that need the most capital. Is this a bad result attributed to Merrill Lynch acquisition? Well, I think there are many people have various theory and argument on this.
Bank Stress Test Result
What’s Next In the Stock Market after Stress Test
Where do you think the market will head to after this stress test? Do you think the market will resume its upward momemtum to continue climbing new high or is it time for a correction now?
I found a video that you can watch to look at the latest technical signal of the US S&P500 now. Click the image below to start watching the video now!
US Bank Stress Test Stock Market Movement
DISCLAIMER: This information is used for learning purposes only. It does not constitute an offer or solicitation to buy or sell. You should do your own analysis on top of my postings.
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