Bank of New York Update

Bank of New York Update

The Bank of New York Mellon Corporation was raised to ‘Buy’ from ‘Neutral’ by Goldman Sachs today. At last week’s lows BK had fallen over 45% from its 2020 peak. This steep dive pushed shares to their deepest oversold reading(weekly MACD)...
Gold

Gold

A little sideways action (basing) here would set up for a breakout over resistance at 1700. Want to see 1559 hold on a close.