Financial Services

There are 13 new members of the AIIB, which the United States has so far refused to join - unlike newbies Canada, Hong Kong and Ireland.
ADRs have been confined to a tight trading range for months.

Novice Trade: Goldman Sachs Real Money Pro($)

The tanking of financials over the last few days is overdone.
Unlike most other banks, SAN has since rallied to new highs for the year.
Shares could test nearby support but a deep decline is not anticipated.
The stock seems to be building a bigger base for a larger rally in the future.
Look for more sideways price action in the weeks ahead.
Banks, rates and what we think technically at this juncture; plus a look at JPM.
Brexit and the volatility it could leave in its wake get closer just as investors are in the mood for risky assets.
People there are far less worried than people in the U.S. about currency breakdowns or political stress.

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