Goldman Sachs report...from Kary_K

Goldman Sachs reported a sharp drop in earnings on Wednesday as the core of the megabank's business is and is widespread. The Wall Street real estate titan has also been hurt by a near $1 billion decline in the value of its consumer and real estate businesses. In the second quarter of 2023, Goldman's installation from investment banking was down about 20%, according to the latest earnings report released on Wednesday. Trading revenue also fell 14%. Overall, profits fell 58% year-over-year to $1.2 billion. While Citigroup and Morgan Stanley also faced falling profits, Goldman reported the biggest drop in its production. Source: CNN

Edited 20 Jul 2023, 17:21

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And here is the fulfillment of the contract - the bears pressed and pushed through 1915. As one of my friends would say, “oh, this news - it always prevents me from making money.” CPI data came out as expected. Well, to be honest, this didn’t really clarify the fundamental background for me. I haven’t opened a position yet, I’m waiting for it to close on a large timeframe below the next low. And then, apparently, further down.

Kary_K

Brent oil approached the support level of 90.70. I failed the first time, but it is possible that there will be a repeat test. The level is quite serious and after its breakdown you can expect that quotes will drop to 89.

Kary_K