Goldman Sachs Group, Inc. (GS)

350.69
30.00 7.90
NYSE
Prev Close 380.94
Open 360.04
Day Low/High 347.23 / 361.57
52 Wk Low/High 270.62 / 426.16
Volume 4.77M
Exchange NYSE
Shares Outstanding 334.79B
Market Cap 127.54B
P/E Ratio 11.70
Div & Yield N.A. (N.A)

Latest News

Short Term Long Rentals

I have taken a number of short term long rentals in the whoosh lower -including $457.70, $373.36, $319, $261.51, $349.19, and $37.50.

The Period of Bank Outperformance May Now Be Coming to an End

* Bank and brokerage stocks are "over owned" and too popular now just as industry EPS progress may disappoint in the quarters ahead  I have favored bank and financial stocks for several years but I suspect the sector's outperformance may soon come t...

Goldman Sachs Is Set to Gap Down on Their Earnings Miss

Goldman Sachs Is Set to Gap Down on Their Earnings Miss

Is this a buying opportunity?

Why JPMorgan's EPS Release Is Bad for All Equities

* It is also another vivid example of "group stink" JPMorgan is acknowledged as the preeminent money center bank in the U.S.  Nevertheless its shares took an unexpected -$10/share pounding on Friday after management revealed an EPS release that was ...

Spiking Yields, Catastrophic Miss, Welcome to Week 3, Bat Signal? Walmart Crypto

Spiking Yields, Catastrophic Miss, Welcome to Week 3, Bat Signal? Walmart Crypto

In short, Friday was simply an absolute disaster for the U.S. in macroeconomic terms.

Short Cues

I am taking my shorting cues today from:  * The weakness in , , and . * The inability of some tech stocks (read: Amazon ) to hold early gains and totally reverse. * The profound reverse in market breadth. * The uber confidence expressed in the busin...

The Market Struggles to Discount Higher Interest Rates

The Market Struggles to Discount Higher Interest Rates

Some of the market has been in a correction since February, but the indexes and many big-caps have only been correcting for a week.

Toshiba Faces Fight With Shareholders Over Planned 3-Way Split

Toshiba Faces Fight With Shareholders Over Planned 3-Way Split

Activist investors say a three-way division of the Japanese company is yet another effort to evade outside pressure and keep management in place.

10 Reasons to Buy Chinese Stocks

* I am considering the purchase of Alibaba Group Holding and GDS Holdings . Despite protestations in some quarters, Charlie Munger's purchase of Alibaba has piqued my interest and I am considering investing in several Chinese securities. Here, Goldm...

The Gospel According to Goldman Sachs

Last week a request was made in our Comments Section to produce Goldman Sachs' favorite stocks for 2002.  Here you go: View Chart » View in New Window »

The Gospel According to Goldman Sachs

Last week a request was made in our Comments Section to produce Goldman Sachs' favorite stocks for 2002.  Here you go: Conviction Buy-rated stocks we are focused on entering 2022... The below screen includes constituents of GS Research's Conviction ...

It's a Discouraging Day for Stock Pickers

It's a Discouraging Day for Stock Pickers

There are huge baskets of stocks being bought and sold in order to shift exposure out of growth and other stocks that are hurt by higher rates.

Citigroup: Too Cheap to Ignore?

* Market participants appear to be waiting until Citigroup's divestiture program from a number of foreign markets is fully completed * Redeploying those assets into buybacks, with the shares at a large discount to book value, makes a lot of financia...

Two Misses

Bad miss on not gobbling up some and yesterday.  I was that close! 

Buy Levels

Per my most recent "Levels" post 10 days ago - several financials - I have been patiently waiting them to fall - are closing in on my buy levels:  * $47.50 * $365 * $94 I will be buying at those levels.

It's a Very Chaotic and Challenging Market Right Now

It's a Very Chaotic and Challenging Market Right Now

But the problem is that we have to navigate the Omicron issue this week.

Omicron Threat, Slowing Economic Activity, Week Ahead, 4 Trading Thoughts

Omicron Threat, Slowing Economic Activity, Week Ahead, 4 Trading Thoughts

Bear in mind that as Omicron threatens to, and will to some degree, slow economic activity, the real catalyst will be the political and policy response.

The Walls Are Closing in on the Fed

The Walls Are Closing in on the Fed

The dilemma going into the Federal Open Market Committee meeting slated for Tuesday and Wednesday is whether inflation transitory, or not.

My Market Signals

I look at my typical tells on the market - stocks like , , , etc. - and they are not giving a green light.  Nor is breadth as indicated by the previous post.  Regardless, the market doesn't care about my signals and has steadily moved higher from th...

Weibo Shares Fall as Twitter Equivalent Debuts in Hong Kong Market

Weibo Shares Fall as Twitter Equivalent Debuts in Hong Kong Market

After its parent, Sina Corp., delisted in New York, Weibo could be next now that its stock has established a Chinese presence.

From The Street of Dreams

Morgan Stanley downgrades from overweight to neutral, and upgrades and to overweight.  The weird thing is that if you read Betsy's research report today - she has a larger upside target on C than the other two!  Color me confused.

New COVID Strain Likely to Alter Fed's Actions

I am certain that concerns about a Fed tightening due to the emergence of a new strain of COVID will now be pushed back to later in the second half of next year. For example, Goldman Sachs , which just pushed forward its rate hike expectations, will...

My Shorting Zone Radar Is Flashing

Both and are moving back into my shorting zone.   But, given my belief that value/financials may catch up (absolutely and relative to growth) - I have been steadily adding to and initiated a purchase on Friday - I will give the stocks a wider berth ...

Overbought but So What, The Beats Go On, Elon Musk's Tesla Share Sale Poll

Overbought but So What, The Beats Go On, Elon Musk's Tesla Share Sale Poll

Tesla's CEO steals some of rival Rivian's IPO thunder by asking the Twitter universe to decide if he should sell 10% of his Tesla shares.

Covering Two Names

I have covered my and shorts at $100.54 and $410.52, respectively.

Here's the Lowdown on DLO

Here's the Lowdown on DLO

I can't recommend buying dLocal -- and here's why.

Several Recent Moves

I have added to my Invesco  long this morning.  And I shorted a lot more Netflix  . I am back short . Along with .