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What are some ways to Hedge a portfolio with some thing I can buy on the market
Banks look good at this point, and EWBC in particular
WAL (Western Alliance Bank) reported earnings today. Up 15% AH
Insider Trading Weekly Update #031: A(nother) Buffett of Oil | Financial Sector Insiders Buy Bank Shares in Droves | Insider Trading Recap
Insider Trading Weekly Update #031: A(nother) Buffett of Oil | Financial Sector Insiders Buy Bank Shares in Droves | Insider Trading Recap
Oddities with Silicon Valley Bank (SIVB) collapse. SWIFT stronghold. [Tinfoil Turbo]
Mentions
a lot of great advice here. I'm older than you all. you keep putting it way, DCA. Spread it around. individual stocks: one I'm going to keep buying: East West Bank Corp. EWBC. MSFT and other the six will probably do very well over the next ten years. PANW. CRWD. Gas and oil stocks are down. They will be back.
It's definitely possible. I'm beating it for going on 3.5 years now. And this year blowing it out of the water. Up almost 15% YTD at close yesterday. Ive usually got about 3 deep value/hunches. Usually small caps and not tech sector. CROX is my #1 gainer this year followed by CRMD. EWBC is another top 5 pos that I think is special. But I'm a nerd and have read so much on my top 5 or 6 positions.
About 30% cash since like September. As of today about 4% in SH inverse etf. Down a couple% at today's close. We go higher than here I'll think about 2x or 3x inverse funds. I do have good positions though. TLT long term bonds started the last week or two. About flat in that as of now. About 3% position. 12% in CROX. Very, very low PE for a low growth stock with amazing margins. They have tons of cash flow and have stock buyback authorized at 20% of the entire market cap. They'll probably announce more at earnings this week. 10% in CRMD. this is my focus this year. Small cap biotech involved in anti bacterial catheter solutions. Ridiculously cheap stock for what is a high growth bio stock. The product just isn't sexy. Might be a slow grower that can hit 45/share in the next couple years unless they get a BO. 8% in EWBC. Very conservative but high margin regional bank based on West Coast. Asian American focused but has been untouched by China tariffs. Leadership team had been in the US for decades. The rest is only notable for healthcare and European healthcare stocks at that. And oil stocks. Oil is just very low right now I had a big gold position but that's mostly sold now and gold maybe topping. I'm up almost 9% YTD
There's no trade brother, not unless the absolute top level people decide to push junk bonds onto national banks not part of the big boys table and let them die on purpose. Because just like 2008, they all know what's happening and it's crime all over, but the administration and the Feds refuse to let the sky fall. I'm not THAT terminally online, but online enough that I remember seeing you post since at least 2022. You should remember the Q1 2023 bank run; people found the SVB short play because those idiots loaned money to FTX. Their collapse led to a bank run hunting, that's when CMBS came into the spotlight. FRC collapse was suppose to be the first of many, and was suppose to cause an '08 level recession. But they just dissected the assets(aka the toxic debt problem) and have different banks each take one part of the asset to equally share the problem and made it all disappear. I'm guessing with the recent renewed interest in CMBS again, we may or may not see at least one bank get pushed out to be the scapegoat for the year. [Check the latest list for banks with most CMBS exposure](https://www.americanbanker.com/list/20-u-s-banks-with-the-largest-commercial-real-estate-loan-volume), then focus only on the national banks because they have the least amount of ways to escape from bank runs(no foreign assets for them to draw from). EWBC and OZK almost got pulled down by FRC crash, who knows if they can survive this time round when their names are on the list.
EWBC 
EWBC, basically tied with CROX
I feel amazing with small caps where they are now. Been in a regional bank since the weeks after SIVB last year and up very nicely in EWBC. also started buying CROX last year and after some pain for a while, the position is up over 50%. Got into oil and commodities late last year into February also. Up over 30% in FANG, over 20% on FCX. And I feel like these stocks are nowhere near the top with small caps and cyclicals where they are.
Why do you hold EWBC and MBIN? I’m also a fan of some regional banks. Been holding WAL since April. Key and tfc.
Hope you all got in when I posted...the regional bank and EWBC ship have taken off.
Yea WAL is another that will be ok. Got hammered even more than EWBC but looks like it got hurt more by rates than EWBC too. they'll both still be here in 5-10 years but EWBC having record net interest margin and doing share buybacks. The numbers are just phenomenal for them. WAL does have some more leverage and long term debt that EWBC doesn't.
Well if bond yields literally stop on a dime here and start to turn lower, and we don't get mass job losses, it will probably rip some. They get amazing margins and everything when things are good, I just think the risk with ALLY is too high. Honestly much higher risk than a well-run bank like EWBC. ​ I'm also not the best to ask because I have so much in EWBC I don't need more banking exposure.
TFC is literally a tire fire. Awful credit ratios and net interest income. Other super regionals like PNC are equally as bad right now. ​ No one is buying out EWBC. That's pretty laughable really as they're currently valued above tangible book unlike many regionals.
This play is pretty stupid, but you might actually get bailed out here. Something is wrong with the Nasdaq. I'm net long the market, but tool a short ok Nasdaq Friday because when you look at stocks like MSFT, TSLA, AVGO, the market is not nearly as strong as what the index seem to suggest. I'm long ADM, OVV, SXC, and EWBC. Texh might be in some trouble here, start of a new month, earnings on AMZN and AAPL could actually act as a downside catalyst. Good luck, you'll need it. Shorting NVDA specifically is a bit daft though. Watch AVGO.
If you do your DD on margins, leverage, earnings etc. they've been a buy since SIVB happened. I've been in banks for a couple months now and they aren't done recovering. ​ While stocks like PACW, KEY, TFC have some real issues, I think I've done more research than most and am in EWBC and CFR. EWBC has the most upside to me, CFR is very stable and should trend up as well though. ​ I'm also in SCHW but may have to sell that, since they really do have some earnings headwinds.
A few that I think have a great chance: BN- Brookfield Corporation EWBC- East West Bank Corporation MKL- Markel BAC- Bank of America C- Citigroup OXY- Occidental Petroleum Shel- Shell CVS- CVS Health BABA- Alibaba JD- JD.com Obviously, there are no guarantees. They each have their own risks, but I think these are the best companies I've seen in the current market with the best risk to reward ratio.
Currently it would be financials. I'm not really looking for longer term positions in this market. I went in after SIVB, thinking that the crisis is not what media made it out to be. Within financials, I've got EWBC, CFR, and SCHW all up by large % currently. EWBC is the largest holding in my port and I look to hold it until 80 at least. Other than that, I have sizeable oil positions as I am looking for crude to appreciate in the medium term at least. I am in non-tech growth names like CROX, PAYC, ENPH, RKLB. Basically just doing fundamental DD.
I'm admittedly deep in financials since SIVB. I'm down to 3 plays now. SCHW, and two regionals CFR and EWBC. I will probably sell SCHW between 60-70, but the regionals I like for a while. Probably til 80 on EWBC
I read a painful amount of 10Qs for this. Some notes on the values: * Fuck press releases and investor summaries, they have the propaganda numbers. The SEC filings are much more detailed and honest. * I generally calculated unrealized losses as AOCI / CET1 capital. My Q4 values don't exactly line up with the original chart so I think Burry was probably including some other things. Some of the 10Qs were difficult to find the unrealized losses or uninsured depositor percentage in (or omitted altogether). * WAL / PACW are more recent as they released some values since May 3, most are Q1 (Mar31) values except for the banks that didn't make it that far * For EWBC I combined AFS and HTM unrealized losses * Zion didn't mention their uninsured % so I had to trust an article * For Keybank I used unrealized losses for AOCI * For RF I used stockholder equity as the CET1 value * For SoFi I used the holding co values * For SI I couldn't find the uninsured value so assumed 90% * FRC's AOCI values are really low, like consistently only -300M against 14.5B CET1. I couldn't find where they where hiding the rest of the losses on their balance sheet. * SIVB is so comically and tragically bad I excluded it so the chart would be better scaled to everything else. In my opinion this chart isn't actually that good for seeing the health of the banks. I think uninsured deposits % vs immediate liquidity as a % of uninsured deposits would give a much better idea of how many people are ready to bolt for the exits and how much it will affect the bank when it happens. My impression from all those 10Qs is that the banks were scared shitless by March (good) and have been improving liquidity, slowly reducing their unrealized losses, and started to look forward at how to deal with other risks like credit downgrades and further hikes, in addition to their existing asset-liability term mismatches. Many of them had significant reductions in uninsured depositor % too, so the most skittish uninsured depositors are already out. I think a lot of them are fairly priced given the circumstances and will be flat / slowly up for a while with occasional 5-15% dips on bad news with recovery over a few days. The ones with bigger drops like WAL still have some decent upside to them, especially on a dip. I am net long PACW / WAL.
I read a painful amount of 10Qs for this. Some notes on the values: * I generally calculated unrealized losses as AOCI / CET1 capital. My Q4 values don't exactly line up with the original chart so I think Burry was probably including some other things. Some of the 10Qs were difficult to find the unrealized losses or uninsured depositor percentage in (or omitted altogether). * WAL / PACW are more recent as they released some values since May 3, most are Q1 (Mar31) values except for the banks that didn't make it that far * For EWBC I combined AFS and HTM unrealized losses * Zion didn't mention their uninsured % so I had to trust an article * For Keybank I used unrealized losses for AOCI * For RF I used stockholder equity as the CET1 value * For SoFi I used the holding co values * For SI I couldn't find the uninsured value so assumed 90% * FRC's AOCI values are really low, like consistently only -300M against 14.5B CET1. I couldn't find where they where hiding the rest of the losses on their balance sheet. * SIVB is so comically and tragically bad I excluded it so the chart would be better scaled to everything else. In my opinion this chart isn't actually that good for seeing the health of the banks. I think uninsured deposits % vs immediate liquidity as a % of uninsured deposits would give a much better idea of how many people are ready to bolt for the exits and how much it will affect the bank when it happens.
Incredibly bullish on some regional banks. But I did my DD and I chose individual stocks rather than the ETF. Too much junk in it. My picks are EWBC, CFR, and it's not a regional but SCHW. they're all doing really well last 3 days
Nah still losing deposits. I like EWBC, CFR, and SCHW
I recommend EWBC or CFR. Or SCHW
I'm in now and have done extensive DD over the last month+. I'm in EWBC very big, and then smaller SCHW and CFR positions....a good portion are fine but these 3 look exemplary to me.
You're right. And their overall loan to deposit ratio is much much lower than anyone else. I love EWBC
EWBC puts aren’t too terribly expensive
CMA/C/USB/EWBC? What’s the best short?
Personally I think EWBC will be okay. Not as many unrealized losses as many of the other banks. But they have a large percentage of big deposits. Those people could withdraw to protect their money and they would have problems. They are a confidence issue, if confidence keeps deteriorating, they may have problems.
https://preview.redd.it/llljcy93xvxa1.jpeg?width=828&format=pjpg&auto=webp&v=enabled&s=47a6dd77207c2bb4421904d748ebbf6aedca6db2 All in EWBC puts
My CFG’s are down about 20% and my EWBC’s are up about 25% so I’m with you in spirit
If you’re not buying puts on EWBC what’re you really doing
Bought a couple puts on EWBC.
https://preview.redd.it/xpahwbwmevxa1.jpeg?width=828&format=pjpg&auto=webp&v=enabled&s=875b0acf63631bb654d9f52a74b55370ae802de3 Puts on EWBC secured 👀 Pre-reserving my lambo now
That’s why I just bought some puts on other regionals (CFG and EWBC)
CFG and EWBC 👀 Looking a lil… sus…
Banking is a highly subjective service, and there's no one-size-fits-all option. Many Americans look for convenience when looking into banks - what options are in their community. Regional banks typically provide that convenience in smaller cities, suburbs, and rural areas that big banks like JPM, etc. don't serve. Wgen you live in small town America or a niche community (see EWBC, Cathay Bank), your banking options are probably pretty limited. Credit unions also aren't always the best solution - I was looking into one recently, and that credit union didn't have a mobile app until 2019 and its only credit card option was a 1% cash back card. I've banked with Chase, Bank of America, tickers HONE and CFG, and a small NH/VT bank, and the two I liked the most have been JPM and HONE. YMMV and people's banking needs are going to change over time.
Appreciate the info. Buying puts on EWBC 🫡
EWBC might be next, before CMA. Good chart.
EWBC next target 
> TFC next? there are 3 risk groups here: WAL, EWBC, C: these have low defence (Y axis, on par with frc) but more hitpoints (X axis) BAC, TFC: lowest hitpoints (lower than frc), but average defence and CMA which is low in both hitpoints (on par with frc) and defence, but not lowest on either
Just based on stocks movements I'd wager on PACW, WAL, ZION, EWBC, and FITB.
More precisely, EWBC, WAL and C lead in uninsured deposits, TFC and BAC in potential insolvency, while CMA (and then USB) are both
wow! so CMA is next one, WAL, EWBC, C are one risk group, and TFC, BAC etc are another one
Regional banks will rip. Absolutely. Panic is fake. ​ FRC did have margins come crashing down the last 2 quarters though. I started studying all regional bank margins after SIVB and I have a list of ones that really lost a ton of margin like SIVB. Includes FRC, WAL, PNC, and US Bancorp... ​ Now PNC has reported already and it wasn't a death sentence. They are bigger of course so that may be a difference. ​ I didn't need the level of volatility that FRC has so I picked some other banks that have very good margin trends like EWBC, RF, and ZION. I also have SCHW which killed it today.
So I looked at margins when I picked them. SIVB and SBNY had margins plummeting the last 2 quarters before going belly up. These have flat or slightly increasing margins lately. RF, EWBC, and ZION. I also have SCHW.
I have degened into regionals as well a SCHW too. I didn't need the risk of FRC though. Plenty of better ones down a ton too. RF, EWBC, ZION.
Regionals at least the ones I'm in have the lowest PEs since the COVID crash low. Like RF, EWBC, and ZION. SCHW too
Meh none of these regionals should have been hit like they were and should recover nicely from these prices. But $FRC did go off a cliff on margins last quarter and the dip in earnings happened. ​ $EWBC made another ATH last quarter and the margin dropoff was tiny. $RF actually has an uptrend on margins over the last year as does $ZION.
This. I call the guy a joke above. But that's because the crisis never was. Ty for all the boring regional bank shares at 50% discount. RF, EWBC, ZION
**Uninsured Deposits by Bank:** 1. BNY Mellon, $BK: 97% 2. SVB, $SIVB: 94% 3. State Street, $STT: 91% 4. Signature, $SBNY: 90% 5. Northern Trust, $NTRS: 83% 6. Citigroup, $C: 77% 7. HSBC Holdings, $HSBA: 73% 8. First Republic Bank, $FRC: 68% 9. East West Bancorp, $EWBC: 66% 10. Comerica, $CMA: 63% **There are now a total of $8 trillion in uninsured deposits in the U.S.**
[Nailed it.](https://www.reddit.com/r/wallstreetbets/comments/11nr26n/comment/jbqg8o7/?utm_source=share&utm_medium=web2x&context=3). At this point putting $100 on $WAL being next. Thought for a moment it was gonna be $EWBC and $WBS but looks like I was wrong and they're treading water for the moment.
The chart shows that the median bank has about 60% of its CET1 capital in unrealized losses. The top performers are SIVB, SBNY, and EWBC with less than 80% of their CET1 capital in unrealized losses.
There are so many other regionals that have been taken down in this. I'd say others are degen enough like WAL or EWBC
CEOs, CFOs, and directors of banks buying their stock: Lakeland Financial $LKFN Metropolitan Bank $MCB Customers Bancorp $CUBI Cullen/Frost $CFR PacWest $PACW East West Bancorp $EWBC Heartland Financial $HTLF First Citizens $FCNCA Glacier Bancorp $GBCI [https://allstarcharts.com/the-hot-list-03-14-2023/](https://allstarcharts.com/the-hot-list-03-14-2023/) https://preview.redd.it/8xg9xszetqna1.png?width=1272&format=png&auto=webp&v=enabled&s=9180bca1d8cc9c20d584bee7ff3115a60a8c3e94
No options written/available for FRC, PACW, MCB, and EWBC dated longer than December. Sign of things to come? Heck, even GME and that towel jaunt have 2024 and 2025 leaps.
FRC looks toast. My crystal balls say next is EWBC then WBS.
MCB, EWBC, possibly even ZION and CMA if things don't improve. I don't even think they have enough FDIC regulators to swoop down at the same time.
These stocks and ETFs are experiencing the largest losses in stock price today. WAL is down 78.23%, PACW is down 47.69%, CMA is down 39.42%, ZION is down 37.17%, BOH is down 35,93%., EWBC Is Down 32,23%. UMBF ia Down 27,,6% And KEY IsDown 2650
Going in on EWBC 4/21 puts. They opened a considerable position of about $2.75bln in HTM securities. In 2020-2021, they didn't have any HTMs in their portfolio. I noticed a similar pattern in SVB, where they had an almost 700% increase in buying HTM securities since 2020. Thoughts?
"The main competitors of SVB Financial Group include East West Bancorp (EWBC), First Citizens BancShares (FCNCA), Fifth Third Bancorp (FITB), M&T Bank (MTB), Commerce Bancshares (CBSH), Western Alliance Bancorporation (WAL), Signature Bank (SBNY), Prosperity Bancshares (PB), SouthState (SSB), and Wintrust Financial (WTFC). These companies are all part of the "regional banks" industry" Just sayin'...
Hey had a second between my‘actual job’ shit and thought I would share this because you’re making some similar plays. GLTA In the SIVB ecosystem, I’ll be watching these: Bank of Marin BMRC, Cathay General CATY, CVBF, Central Valley Community CVCY, Community West CWBC, East West EWBC, Heritage Community HTBK, OPB, and TCF. 🍿
In the SIVB ecosystem, I’ll be watching these: Bank of Marin BMRC, Cathay General CATY, CVBF, Central Valley Community CVCY, Community West CWBC, East West EWBC, Heritage Community HTBK, OPB, and TCF. 🍿
I am not a financial advisor. 1) calculate your taxes. If you're close to 1 yr for Long term capital gains , might want to wait it out then sell asap. 2) however, if taxes (eg short term capital gains) don't have much impact, just sell immediately. 3) im not sure why you would have 2 individual banking stocks and the ETF XLF. I would just sell C and EWBC immediately to cut back some of the volatility and associated risks of individual stocks. 4) do you currently own VT/VTI/VOO or considering simplifying portfolio by getting one of them (getting more than one of those 3 is redundant cuz of all the overlap)? If yes, might want to sell XLF and put it proceeds in to VT/VTI/VOO. 5) if no, or you want to continue to sector investing in banking ETF then XLF if fine to hold on to until you think banking sector is at fair value/overvalued.
What is the consensus/outlook on bank stocks right now? I know that's kind of a generalized crystal ball question, but I'm cleaning up my portfolio and have some bank stocks that I'm not sure what to do with (C, XLF,EWBC). I've had good gains so far in the year, but now it seems pretty volatile and honestly kind of hard for me to understand this industry so I'm a bit uneasy about it. I'm a novice investor, I invested in these for the simple fact that a bunch of articles and people said they were good stocks and honestly I got pretty lucky. After educating myself a bit I have a better process of investing and I understand now that banks are a whole different beast and evaluated very differently. I stopped buying hype and trying to decide if I just need to quit while I'm still up.