Submitted by PussyBreath007 t3_1264nxo in wallstreetbets
SheepherderSea2775 t1_je8ijns wrote
Reply to comment by thus in $FRC - Puzzle Pieces by PussyBreath007
Post-GME, I don’t trust subreddits, especially the posts saying anything of mainly institutionally owned. It just reads like a pump and dump and an institutional bad actor is just trying to get retail to hold their bags.
thus t1_je8iyhn wrote
Smart
SheepherderSea2775 t1_je8jlja wrote
That being said. Given banks are -90% right now. Finding that regional bank that can weather the storm and buying in at the bottom (after Powell stops fleecing the markets)… that’s a 10x multiplier for sure…
thus t1_je8kanc wrote
Don't pick the bank, play the sector ETFs.
They are more boring, but there is plenty of profit to be had long-term unless the whole sector is doomed to zero.
If you really do have to scratch the itch, there are 3x bull sector ETFs like $DPST (be very careful).
SheepherderSea2775 t1_je8l12c wrote
Oh I love direxion. $FAS was a gem during covid.
[deleted] t1_je8svo0 wrote
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