The Goldman Sachs Group Inc. (GS)

149.93
NYSE : Finance
Prev Close 145.29
Day Low/High 141.67 / 150.45
52 Wk Low/High 130.85 / 250.46
Avg Volume 4.24M
Exchange NYSE
Shares Outstanding 345.67M
Market Cap 50.22B
EPS 21.20
P/E Ratio 6.91
Div & Yield 5.00 (2.98%)

Added to These 6 Longs

I added to the following longs (on the opening): , , , ,  , and .

Despite Virus Fears, Avoid Retail Pharmacy Stocks

Despite Virus Fears, Avoid Retail Pharmacy Stocks

With so many consumers preparing for a potential coronavirus outbreak, you might think that owning retail pharmacy stocks makes sense right now.

Back Large in Banks and Some Other Moves

This morning I moved to medium-sized , , and longs. And I moved back to large-sized on and . I have a busy research schedule today (mostly phoners) but I will outline the case for buying early tomorrow morning.

Adding to 6 Stocks

I have added to  , , , , , longs this morning.

Salesforce Could Get Punished With Spillover Weakness

Salesforce Could Get Punished With Spillover Weakness

Don't let a winner turn into a loser.

Mastercard Could Test and Perhaps Break Important Support

Mastercard Could Test and Perhaps Break Important Support

The charts of the payments giant suggest there is further risk ahead, so check your cost basis and take appropriate action.

GS, BAC and C

I have moved back to large on and (I have been a scale buyer in both). And my position is now medium-sized (also scale buyer lower).

My First Buy Is Goldman Sachs

Recently, as posted in my Diary, I sold out the last of my Goldman Sachs close to $240/share. After my sale, the shares proceeded to trade to near $250/share. I just reestablished a small long at $219.75 (-$5 today) as the share price has moved back...

An Honest and Still Ursine Market View

* At the market highs the S&P 500 Index was approximately 15%-20% overvalued * The S&P Index according to my calculus remains about 10%-15% overvalued (current price: 3230; fair market value: about 2850) * But, with the concentrated outperformance o...

The Market's Structure and a Black Swan (Called Coronavirus) Are a Toxic Cocktail of Risk

* Risk happens fast - as we now take the elevator down * At 4:45 am S&P futures were -90 and Nasdaq futures were -315 handles * Market structure - in which the majority of products and strategies are bullish and lie on "the same side of the boat" - ...

My Recent Moves

I thought it might be helpful to briefly summarize some of my more meaningful moves in the market over the last few weeks: * I eliminated Goldman Sachs around $240 (my year end 2020 target price) and reduced the size of my , and longs. Lower interes...

There Are No Signs That the Mood of the Market Has Shifted

There Are No Signs That the Mood of the Market Has Shifted

The pockets of strong trading action in individual stocks illustrates an appetite for speculative action.

Jim Cramer: One Thing This Market Doesn't Lack Is Confidence

Jim Cramer: One Thing This Market Doesn't Lack Is Confidence

You can sell any stock that's up and take that money to the bank and no one will say, "sorry that was made off of euphoria, we can't take it."

Jim Cramer: Once Again, Why Fossil Fuels Are on the Wrong Side of History

Jim Cramer: Once Again, Why Fossil Fuels Are on the Wrong Side of History

I am not about making friends, I am about making money. And I don't think I can help you make money in the oil and gas stocks anymore.

6 Favorite Financials: Value Stocks to Take to the Bank

6 Favorite Financials: Value Stocks to Take to the Bank

These undervalued names fit well in a diversified portfolio.

The Near Term Outlook for Bank Stocks Is Deteriorating

* Rates are falling and the yield curve is inverting * I would add back to banks on another 10% decline As Peter Boockvar remarked, the yield curve has been inverting (the 10 year U.S. note yield is back down to 1.55%) - as I have warned, this is no...

Uber Starts Gaining Real Traction

Uber Starts Gaining Real Traction

Here are two strategies to invest as UBER unloads its 'Eats' business in India, navigates California law and gets a lift by analysts.

Jim Cramer: 5 Reasons to Justify High P/E Multiples

Jim Cramer: 5 Reasons to Justify High P/E Multiples

These 5 points will determine whether a high-multiple stock is going to advance, decline -- or just coast.

Jim Cramer: The Earth's New Cop? The Microsoft Protection Agency

Jim Cramer: The Earth's New Cop? The Microsoft Protection Agency

While the president is pushing coal, this corporate giant is stepping up to cut the carbon cord.

Jim Cramer: In the U.S./China Deal, the Engagement Camp Won

Jim Cramer: In the U.S./China Deal, the Engagement Camp Won

I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.

The Smart Move? Don't Argue With the Market Beast

The Smart Move? Don't Argue With the Market Beast

The positive news flow keeps tripping up market participants that are looking for some pullback to relieve overbought conditions.

Buy the Rumor, Sell the News... on Goldman Sachs

* Goldman Sachs provides a lesson to do the less obvious (in both buying and selling) * Higher prices is the enemy of the rational buyer Last week I sold out my Goldman Sachs long investment position at about $240/share (that was my 2020 year end pr...

U.S./China Phase One, Yield Curve, Jobs Survey, Trading Disney: Market Recon

U.S./China Phase One, Yield Curve, Jobs Survey, Trading Disney: Market Recon

One concern for traders and investors would be that the good cheer created by the development of this Phase One deal, as well as actions taken by the FOMC, are nearing or at the point where the headline risk points in the other direction.

China Trade Headline Pulls Market Back to Reality

China Trade Headline Pulls Market Back to Reality

What appeared as a day ready to take gains higher was knocked off balance by old news.

Apple, Apple and More Apple

Apple, Apple and More Apple

I am not selling any more Apple based on my price targets. I will sell more Apple when the chart turns.

Jim Cramer: Let's Unmask This Magical Market Momentum

Jim Cramer: Let's Unmask This Magical Market Momentum

What feeds this force and how -- and when is it good vs. suspect?

Today's Trades

Today I moved down all of my shorts (of an individual and Index-kind) to small and I kept all of my long positions at the same levels they have been at over the last week (except for Goldman Sachs , Google and Amazon that I eliminated). I am now qui...

Jim Cramer: Resilience and Complacency Define Our Moment

Jim Cramer: Resilience and Complacency Define Our Moment

Let's dissect these two concepts that explain why we're rallying like we are now.

Goldman Sachs Sold

I have eliminated my Goldman Sachs (+$4 to $239.55) holding as it is approaching my 12 month price target.

My Takeaways: Apple, Market Lose a Bit of Shine

Not the greatest of closes (for Apple or the broad market) -- but after such a strong advance we shouldn't be surprised or disappointed: * Market breadth closed at negative 300 issues net decliners. * FANG traded plus or minus from unchanged -- depe...