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Shares of Goldman Sachs Group Inc. (GS) slipped 0.5% in premarket trading Wednesday, after the investment and consumer bank reported a fourth-quarter profit that fell well short of expectations, while revenue beat. Net income fell to $1.72 billion, or $4.69 a share, from $2.32 billion, or $6...
The signature of the phase one deal between the US and China sent the S&P500 and the Dow to fresh intraday record highs, although the last minute announcement that the tariff cuts on Chinese exports would not happen before the US presidential election left investors wondering if China could e...
Pivot (invalidation): 58.35 Our preference Short positions below 58.35 with targets at 57.75 & 57.35 in extension. Alternative scenario...
Pivot (invalidation): 17.8700 Our preference Long positions above 17.8700 with targets at 18.0400 & 18.1500 in extension. Alternative scenario...
Pivot (invalidation): 1550.00 Our preference Long positions above 1550.00 with targets at 1563.00 & 1568.00 in extension...
Pivot (invalidation): 3277.00 Our preference Long positions above 3277.00 with targets at 3299.00 & 3306.00 in extension. Alternative scenario...
Pivot (invalidation): 13360.00 Our preference Long positions above 13360.00 with targets at 13487.00 & 13548.00 in extension. Alternative scenario...
Pivot (invalidation): 5.8840 Our preference Short positions below 5.8840 with targets at 5.8670 & 5.8600 in extension. Alternative scenario...
Pivot (invalidation): 0.6895 Our preference Long positions above 0.6895 with targets at 0.6920 & 0.6930 in extension. Alternative scenario...
Pivot (invalidation): 1.3050 Our preference Short positions below 1.3050 with targets at 1.3030 & 1.3020 in extension. Alternative scenario...
Pivot (invalidation): 0.9660 Our preference Short positions below 0.9660 with targets at 0.9625 & 0.9605 in extension. Alternative scenario...
Pivot (invalidation): 110.00 Our preference Short positions below 110.00 with targets at 109.80 & 109.65 in extension. Alternative scenario...
Pivot (invalidation): 1.3020 Our preference Long positions above 1.3020 with targets at 1.3070 & 1.3085 in extension. Alternative scenario...
Pivot (invalidation): 1.1140 Our preference Long positions above 1.1140 with targets at 1.1165 & 1.1180 in extension. Alternative scenario...
Gold is favored ended the cycle from 8/16/2018 lows where the daily right side is up in wave ((3)) at the 9/4/2019 highs at 1557 and a pullback to correct the cycle from the 8/16/2018 wave ((2)) lows ended wave ((4)) at 1446 on 11/12/19 where the 4 hour is turning up...
The cycle in wave (W) ended at 2.0566 where the 4 hour is turning down. While below the 1.9839 highs where the hourly is turning down the pair can continue lower again to correct the cycle up from the 12/12/2018 lows...
Wells Fargo & Co. said that fourth-quarter profit fell 53% as the bank set aside more money to resolve issues tied to its sales-practices scandal. The bank's quarterly earnings totaled $2.87 billion, versus $6.06 billion a year earlier. Per-share earnings of 60 cents missed the $1...
The US – China trade deal is like watching a live show in the theatre of the absurd. The Trump administration revealed a detail that nobody expected just before the signature of the phase-one trade deal today: the tariff cuts will not take effect before the US election in November...
