MET TARGET – Goldman Sachs Forecast 8/25/2015
Goldman Sachs (NYSE:GS) followed the markets into a violent wave of selling, and offered any number of great places to exit with a profit.
Goldman Sachs (NYSE:GS) followed the markets into a violent wave of selling, and offered any number of great places to exit with a profit.
(EUR/USD) has more than exceeded our profit targets as it followed through on the forecast from last week. Time to trail stops to break-even and let this new uptrend “breath”.
JP Morgan Chase (JPM) flash-crashed hard and paid us nicely for holding on to partials in the position.
The S&P 500 index proxy (SPY) has broken down out of its range with a vengeance. This sets the stage for a more serious shift into a bear market, but there is always a chance of another Fed bailout. Our forecast is for price to rally a bit, then turn lower for a retest and…