Thursday, February 9, 2017

GS Prospects....02.10.17

As promised here are the MoDX (Mosaic version of the VDX indicator) and the Ponzo outlook for Goldman Sachs, which had been the best performing stock since Trump's election and which looks like it still has plenty of room to the upside.
February is typically a weak month post election but when Trump speaks or tweets it can move the markets quickly and dramatically and yesterday's release that major new tax program revisions are coming in 2-3 weeks finally moved the markets from their malaise and raised bull expectations .