Banking Bingo

Two more banks of the possible closure list

Wall Street Silver posted this on #Twitter yesterday. Sad but accurate.

After yesterdays Fed hike, PacWest Bankcorp #PACW during after hours dropped 45%.

WesternAlliance #Wal followed suite…

Market’s anticipate that Chairman Powell will cut rates starting in September.

If that happens, I figure my bank along with many other regional and small banks will be on that Bingo Board as well.

On a happier note, my wife and I are headed to Colorado to help out a friend for the month. So we stopped a Buc-ee’s , the best gas station ⛽️ on the planet with great Bar-BQ. We started in Florida where gas prices were $3.57. Our last fill up in Texas was $2.97.

WTI crude keeps trending down. Can you say #Deflation?

Maybe today we will fill up in the mid $2.80’s?

Apple #aapl reports after market close today. Should be a crazy Friday.