sp500/banks

Looking at the price action of Regional Banks today, it appears that they are still experiencing outflows. However, if you have more than $250k in any Regional Banks (LISTED ABOVE) , you could be exposed to significant risk.

The market is currently down due to a combination of factors, including weakness in Regional Banks, lack of growth in the oil sector, concerns about the debt ceiling, unwinding of positions ahead of the FOMC decision, and low liquidity.

notes

List of narrative traders who turned investments into multiples trading $PEPE:

Your store of value in this new paradigm is the meme coins.
Continue the bubble;

PENDLE discord hacked, DO NOT CLICK ANY LINKS [Intel]

FOMC Day

sp500 during fed hours

sp500 perf during Powell meeting

Binance Sui (SUI) Listing Advanced [Intel]

*ADP RESEARCH INSTITUTE: U.S. ADDED 296,000 JOBS IN APRIL

regarding $SUI unlocks

530m tokens on TGE
2.45b tokens by Jan '24
4.15b tokens by Jan '25

*FED RAISES BENCHMARK RATE 25 BPS TO 5%-5.25% TARGET RANGE

Fed FOMC statement deletes language that previously suggested that interest rates will be raised in the future! [FOMC Paper]