Despite weakness caused by bank earnings and poor economic news, traders actually welcomed with the seemingly logical move downward.
The banks are changing their stance, so let's see what the indicators say.
CEO Jamie Dimon is back and the firm is in good shape, even if times are rough, so I plan to add on weakness.
Based on history and the charts, this is how to play DB as it comes out of earnings.
Deutsche is looking to drop the "bad bank" moniker with big moves on Monday.
Will Slack help set a new trend for IPO strategy among red-hot technology companies?
Watch the Russell 2000: It closed at 1550, which is where the 200-day moving average line resides -- if it can get up and over this level, it can improve, but if it slips, those moving average lines become problematic.
Analysts need to recognize this shift in the banking markets.
Goldman Sachs financed and advised 162 deals in the first half of 2018, according to fresh data from TheStreet's sister publication The Deal.
Co-President & Head of Stifel's Institutional Group Victor Nesi discusses the outlook for M&A as Wall Street looks at the AT&T and Time Warner deal.