KKR settled +4.6% to $125.98. Today’s gain is not the sort of thing the equity bears can argue is just a bounce, and is instead suggestive that KKR has a s/t floor from the $117s.
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JPM saw an early low of $294.21, if recovering to settle -1.9% to $302.08. Today’s candle is spiky on the lower side from around the 50dma. Cyclically low.
Earnings were fine…
EPS $5.07 vs 4.84est. Rev’ y/y +8.8% to $47.1bn vs 45.4est.
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Goldman saw an early low of $742.46, and recovering to settle -2.0% to $770.76. Today’s candle is a hollow red reversal from around the 50dma. Cyclically low.
Earnings were good…
EPS $12.25 vs 10.86est. Rev’ y/y +19.5% to $15.18bn vs 14.09est.
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It turned out to be a rather typical ‘turnaround Tuesday’
… for what remains the world’s most entertaining, twisted, and rigged casino.