KRE: Regional Banks – It’s All About Risks And Price Action (NYSEARCA:KRE)

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.

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