$102 billion lost, just like that

FRC earnings are out [Money Morning Live]   Tuesday, April 25, 2023 [Twitter]( [YouTube]( Hey Reader, First Republic Bank (FRC) earnings are out and as one may have guessed the scene is not pretty. Shares of the regional bank are down more than 20% before the opening bell on news the company lost $102 billion in customer deposits. The focus today needs to be on FRC and other regional banks to understand whether this situation is under control (so to speak) or if it's really just the beginning. We're bringing in Chief Investment Strategist Shah Gilani to look at regional banks, and I'll be break down the numbers, as well. Then the focus can shift to the big-tech earnings about to hit Wall Street, as we prepare for reports from Alphabet (GOOGL) and Microsoft (MSFT) after the bell. [Full market coverage here.]( What to watch today... 12:30 PM ET – Inside the energy sector. From a broader standpoint there are some big themes we have to discuss in the energy sector and that's going to be a major topic during my 12:30 Midday Momentum show today. Make sure you're in the Money Morning LIVE room all day so you don't miss any of it. I'll see you all in the room. [JOIN THE LIVE ROOM HERE](   [Tuesday's Schedule] Tuesday's Schedule 8:30-9:15 Money Morning LIVE 9:15-9:45 Trade the Open 9:45-10:30 Long & Short of It w/ Chris Johnson 10:30-11:00 Profit Takeover w/ Licia Leslie 11:00-11:30 The Trend is Your Friend w/ Matt Carr 11:30-12:00 AICI Live w/ Nick Black 12:00-12:30 Power Profit Trades w/ Tom Gentile 12:30-1:00 Midday Momentum w/ Garrett {NAME} 1:30-2:00 Foundations in Trading w/ Lincoln Holbrook [signature] Garrett {NAME} Executive Producer, Money Morning LIVE   Hitting your inbox...   Here's some of the free market coverage from our team... Chris Johnson: [Don't be Fooled By the Price of Oil]( Kenny Glick: [Don't Listen to My Trading Advice]( Shah Gilani: [This Earnings Season Could Crush Your Portfolio, Unless...]( [Find all our free newsletters here.](   Profit Opportunity of the Day   There’s “Rich”... And Then There’s “Texas Rich” As we speak, a massive bidding war in the oil fields of the Permian Basin is setting up for a new generation of “Texas Rich.” All you need to know is the right acquisition targets and how to play ‘em. On Wednesday April 26 @ 8pm ET, Garrett {NAME} is sharing the full game plan: his targets, the buyers, and the date of every single deal. If you’re ready to learn the meaning of “Texas Rich,” [RSVP by clicking here.](   Check out our latest clip on YouTube! [YouTube](   [[ratio]  ](   New to Trading? Start here for free!   As part of our free trading services, we offer the Money Morning LIVE Trade School, featuring a full suite of learning material to help you follow the stream. [Start trading today](. [Trader 101 pack](   You are receiving this e-mail at {EMAIL}, as part of your subscription to Money Morning LIVE. To remove your email from this list, [unsubscribe here]( or manage your Money Map Press [Email Preferences](. To cancel, or for any other questions or requests, please contact our Customer Service team: [Online]( Phone: 888-384-8339 (North America) 443-353-4519 (International) Mail: Money Morning Live | Attn: Member Services | 1125 N Charles Street | Baltimore, MD 21201 Fax: 410-622-3050 Our Customer Service team is available Monday - Friday between 9:00 AM and 5:00 PM ET. © 2023 Money Map Press. All Rights Reserved. Nothing in this email should be considered personalized financial advice. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We expressly forbid our writers from having a financial interest in any security recommended to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Protected by copyright laws of the United States and international treaties. This Newsletter may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of: Money Map Press. 1125 N Charles Street, Baltimore, MD 21201. [Website]( | [Privacy Policy]( | [Terms & Conditions](