
Data Master (Equities, Options, & Market Info)
1.4K posts

Data Master (Equities, Options, & Market Info)
@DakTrading
Market Statistician, Options Screener, M&A Prediction, Private Equity & Much More.




As we close 2023 , full retest of the hi done with some excess new ATH on $ES_F $NQ_F $YM_F Though some pullback is in cards with some gaps at much lower end. Bigger picture wise we are still at same Q 1)double top 2)excess to half cycle 5185 3)Full cycle 7569 #2024marketview










March 12, 2023 Joint Statement by Treasury, Federal Reserve, and FDIC Department of the Treasury Board of Governors of the Federal Reserve System Federal Deposit Insurance Corporation For release at 6:15 p.m. EDT Share Washington, DC -- The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg: Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth. After receiving a recommendation from the boards of the FDIC and the Federal Reserve, and consulting with the President, Secretary Yellen approved actions enabling the FDIC to complete its resolution of Silicon Valley Bank, Santa Clara, California, in a manner that fully protects all depositors. Depositors will have access to all of their money starting Monday, March 13. No losses associated with the resolution of Silicon Valley Bank will be borne by the taxpayer. We are also announcing a similar systemic risk exception for Signature Bank, New York, New York, which was closed today by its state chartering authority. All depositors of this institution will be made whole. As with the resolution of Silicon Valley Bank, no losses will be borne by the taxpayer. Shareholders and certain unsecured debtholders will not be protected. Senior management has also been removed. Any losses to the Deposit Insurance Fund to support uninsured depositors will be recovered by a special assessment on banks, as required by law. Finally, the Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors. The U.S. banking system remains resilient and on a solid foundation, in large part due to reforms that were made after the financial crisis that ensured better safeguards for the banking industry. Those reforms combined with today's actions demonstrate our commitment to take the necessary steps to ensure that depositors' savings remain safe. federalreserve.gov/newsevents/pre…








Breaking news: Federal authorities are seriously considering safeguarding all uninsured deposits at Silicon Valley Bank, according to three people with knowledge of the matter, who spoke on the condition of anonymity to describe private deliberations. wapo.st/3mCZYlA












