Financial Services

It will get resolved, but the lack of leadership is the same nonsense the EU has bred over and over again.
Expect a retest of key support, just above $57, soon.
Valeant Pharmaceuticals is not letting up on Ackman's fund, dragging 2016 losses down by more than 20%.
The name looks like it is heading lower on its weekly chart, confirming weakness on its daily chart.
AIG is pointed down with weak indicators and is likely to slide further.
Deutsche just isn't Lehman, but that won't prevent it scaring the heck out of us.
Sherrod Brown and Maxine Waters contend decision shows 'systemic' firms can choose more oversight or divestitures to reduce their threat to the economy.
Strong capital ratios, solid loan portfolios and attractive valuations argue for higher prices for financials.
Unlike panicked shareholders, they see the London bank as a major post-Brexit discount opportunity. 
Frankly, I think we're back to where we were prior to Brexit.

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I wrote positively about Diageo (DEO) on RMP back on June 15th at $100.24. The shares closed last week a...


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