The Goldman Sachs Group Inc. (GS)

178.83
NYSE : Finance
Prev Close 178.83
Day Low/High 0.00 / 0.00
52 Wk Low/High 179.00 / 275.31
Avg Volume 3.40M
Exchange NYSE
Shares Outstanding 371.97M
Market Cap 66.83B
EPS 9.20
P/E Ratio 12.73
Div & Yield 3.20 (1.71%)

Latest News

To Navigate This Market, We All Must Become Yield Curve Specialists

To Navigate This Market, We All Must Become Yield Curve Specialists

Investing right now is like running through a minefield with absolutely zero training and traps everywhere.

Establishing Longs

I just established the following longs (in a new managed account): Square $64.96, Goldman Sachs $185.57, Wells Fargo $52.29, Citigroup $62.52, and Bank of America $27.19.

Holding My Longs

Over the last 10 days I have been active on the long side. Additionally, I added several new longs to my Best Ideas List. I currently have, as previously reported, no individual equity shorts. Last week's long buys (and add-ons) of , , , ,  , etc. w...

Why Deutsche Bank Is Too Small to Matter

Why Deutsche Bank Is Too Small to Matter

The real risk for Deutsche shareholders isn't a balance sheet blow-up, it is a continuing fade into oblivion.

Some Standouts Today

With 60 minutes to go, stocks are virtually at their highs - I continue to scale up on my short (as high as $273.35). Some standouts from the home team: * Smart reversal in Square today! Been adding all week. * , a new buy, +3% on the day. * Nice bo...

Jim Cramer: I Can't Believe How Badly Many Huge, Important Stocks Have Performed

Jim Cramer: I Can't Believe How Badly Many Huge, Important Stocks Have Performed

I tire of hearing that there has been a correction.

My 15 Surprises for 2019

White House Politics: (When asked what he wanted to give thanks for during a press gaggle Thanksgiving Thursday, Trump responded), "for having a great family and for having made a tremendous difference in this country. I've made a tremendous differe...

Still Long

While I am now out of my long, I am still long all of my individual trading long rentals taken last week - including , , , and others.

Pray For Me

Following the precipitous drop in the indices on Monday and Tuesday (and the ensuing "adjustment" in my calculation of reward v. risk), recent adds and new positions late yesterday and this morning (all longs, no shorts) include: , , , , , , , and .

Taking a Bite of Apple and Reestablishing Goldman Sachs Long

Playing the contrarian, again. I have taken long trading rentals in Apple at $178.94 and Goldman Sachs at $192.03. Placing Square on my Best Ideas List (long).

Warren Buffett Gives Bank Stocks His Imprimatur

As mentioned on Wednesday, despite already sizable holdings, Warren Buffett's Berkshire Hathaway purchased nearly $14 billion of financial services equities in the most recent quarter: * Bank of America (198 million shares, $5.7 billion) * JPMorgan ...

Brexit Blues and Fed Follies: Market Recon

Brexit Blues and Fed Follies: Market Recon

Investors still fear missing out on a significant year-end rally, despite earnings that appear to be at peak levels and an economy that appears to have reached peak growth.

The Oracle of Omaha Buys JPMorgan

* And puts his imprimatur on the U.S. money center bank stocks "One last thing." -- Lt. Columbo After the close, Berkshire Hathaway announced a new investment position in JPMorgan Chase . Normally I would view this as a non-event but I see this as r...

Improved My Basis on Goldman

I reduced my cost basis on my trading long rental (and "Trade of the Week") in Goldman Sachs to about $204.50 today.

Where I Stand

With no Index hedges or puts in my portfolios I start the day net long. The "snapper" I saw developing yesterday seems in place today as futures have reversed hard to the upside. Staying flexible and opportunistic. And trading unemotionally. Goldman...

How to Play Nvidia in an Emotional Market

How to Play Nvidia in an Emotional Market

I'm talking about simply selling puts where you are willing to own a stock.

Adding to GS

I added to my trading rental at $205.50.

Who Is Swimming Naked?

* There is no quick answer or special sauce to capture the holy grail of investment results - it takes hard work, common sense and the ability to navigate the noise * Recognize that, in the markets, the only certainty is the lack of certainty * Avoi...

Trade of the Week - Long GS at $207.90

* In the case of Goldman Sachs it might be time to be greedy when others are now fearful * I am taking a trading rental (and not a long term lease) in GS this morning Though I have been a long term bear on Goldman Sachs  (here is my thesis), this mo...

Recommended Reading

From ZeroHedge on Goldman Sachs  .   

Enough About GE, Take a Look at Goldman Sachs

Goldman Sachs is down by another $10 this morning but I haven't heard CNBC or any other business news outlet do a story on the stock (its legal problems have been in the news), which has gotten schmeissed over the last month. Instead I am hearing a ...

Goldman's Troubles

Repeating for emphasis, Goldman Sachs is in trouble.  Nov 05, 2018 ' 09:39 AM EST DOUG KASS Goldman, Oh No! Again, for emphasis (because I don't believe this issue is on the front burner of many investors' ovens), Goldman's potential problem could e...

Jim Cramer: The Stock Market's Machine Buyers

Jim Cramer: The Stock Market's Machine Buyers

These are simply programs where some ETFs and handcrafted baskets are overwhelming both sides of the market.

Goldman, Oh No!

Again, for emphasis (because I don't believe this issue is on the front burner of many investors' ovens), Goldman's potential problem could exceed that of Drexel Burnham.   As I wrote last on Friday:  Nov 02, 2018 ' 01:55 PM EDT DOUG KASS On Goldman...

Now This...

"Just one more thing." -- Lt. Columbo I mentioned that the weight of this situation is heavy on Goldman Sachs . Now this... zerohedge @zerohedge 3m MORE THAN 30 GOLDMAN EXECUTIVES REVIEWED 1MDB DEALS: FT that's a lot of people not going to prison

Tell Me Something I Don't Know About Projected Fourth Quarter GDP

Regular readers of my Diary know I sometimes post things that replicate the theme of the "Tell Me Something I Don't Know" segment on MSNBC's "Hardball With Chris Matthews." So... "Tell me something I don't know, Dougie." In the face of the weak 3Q c...

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

The shift from regional to national banks is stark.