This move in Regional Banks (KRE) today is largely a function of short-covering...
Coaching Notes:
1. That's why we like moves like this
2. The only way to make more money on the Short Side heading into a recession is to have more Bear Market Bounces in Sector Styles like Industrials and Financials like this
3. If it wasn't a Bear Market, it wouldn't bounce like this!
KM