Goldman Sachs Group, Inc. (GS)

306.99
NYSE
Prev Close 299.41
Day Low/High 303.57 / 309.63
52 Wk Low/High 293.90 / 426.16
Exchange NYSE
Shares Outstanding 343.45B
Market Cap 102.83B
P/E Ratio 11.70
Div & Yield N.A. (N.A)

Buying GS

I have been buying on a scale lower.  My cost basis is a little under $346 - or about at the current trading price.

GS Long

I reestablished my long at $346 this morning.

On The Road (Again)

* Preparing to buy at the sound of cannons? * I am trading opportunistically in a regime of heightened volatility  And I can't wait to get on the road again On the road again Goin' places that I've never been Seein' things that I may never see again...

Fashion Site Shein Looks Ready to Lead Chinese Return to Wall Street

Fashion Site Shein Looks Ready to Lead Chinese Return to Wall Street

The fast-fashion e-commerce operator is extending new roots into Singapore as Chinese companies try to work around restrictions on overseas listings.

India Lays Plans to Take Government Insurer Public Via Largest-Ever IPO

India Lays Plans to Take Government Insurer Public Via Largest-Ever IPO

The Life Insurance Corporation of India long held a monopoly on life insurance but will sell shares as part of the government's divestment plans.

Investing in Asset Managers: 8 Brokerage Buys

Investing in Asset Managers: 8 Brokerage Buys

Experts highlight their favorite investments among investment bankers and brokerage firms.

Some (Possible) Small Negative Market 'Tells'

* Bonds rise in price, yet equities fail to rally. * Goldman Sachs was green, now red. * FAANG has few friends. * Autos, after a long and large decline, can't get off the floor. * Bank stock highs were put in hours ago.

A Reminder

I lost my long positions in Goldman Sachs and Twitter upon exercise of my short calls against them.

A Heads Up

I will lose my and long positions at expiration today.

GS and MS

It looks like I will lose my (if it trades over $360) because of my short calls, so I am covering my now which was a pairs trade against GS.

Some Observations

I see numerous divergences, etc. which cause me to expand my short exposure:  * VIX is higher. * The Russell Index is not crowing - a big divergence. stinks, too. * Reversal from strength earlier (to losses now) in financials. was $368.53 and now is...

MS Shorting

I am shorting more , against a long.

Morgan Stanley

Back shorting against my long. 

Buys

Today's buys: , , , , , , , , and .

Is it Time to Believe in a Value Rotation?

Is it Time to Believe in a Value Rotation?

Questions about the staying power of the present market turn are crucial for portfolio positioning.

New Adds

Wells Fargo , Citigroup and Bank of America are all green. Adding to , , and .

New Buys

Individual equity buys just now (see last post!): , , , , , , , , , , and .

Today's Trades

I added to the following long positions today: , , , (initiated), , , , , , , , , ,  , , (initiated), , , , , and . Long above.

Takeover Interest in Kohl's at a Fever Pitch: Here's My Plan

Takeover Interest in Kohl's at a Fever Pitch: Here's My Plan

I always thought Kohl's was for sale, I just always thought it would be Amazon.

Dougie's Busy Night of Buying

Here is a list of ETFs/stocks I purchased last evening: SPDR S&P 500 ETF , Invesco QQQ Trust , iShares Russell 2000 ETF , SPDR S&P Biotech ETF , PayPal , DraftKings , Penn National Gaming , Disney , Netflix ($402), Upland Software (new, software nam...

To Unlock Where We're Headed in 2022, Spend Some Time on Consumer Spending

To Unlock Where We're Headed in 2022, Spend Some Time on Consumer Spending

Let's talk inflation, Fed rate hikes, consumer confidence, and why last Friday's Retail Sales report is fishy.

Trading Long Rentals

I am out of all my trading long rentals: , , , , , (still in ), ,

Big Bang Theory, Economic Activity, Bond Yields, Markets, ARK, Oil Stocks

Big Bang Theory, Economic Activity, Bond Yields, Markets, ARK, Oil Stocks

Plus, Ford and Rivian, and SoFi Technologies' national bank charter.

Goldman

I am making some small sales in my trading long rental at $358 now.

From The Street of Dreams

Barclays reaffirms with a buy and $505 target.

From the Street of Dreams

From The Street of Dreams   JPMorgan reiterates buy - just now.    

Goldman

Best performing financial (from the morning) - Goldman Sachs .  Went long and added during day - well into my buy level. But if I am such a Smarty Pants, I should have stayed short at $415 a few months ago!

It's Ugly Out There, but I've Got Good News

It's Ugly Out There, but I've Got Good News

With the weakness in big caps progressing, there is some light at the end of the tunnel.

Four Adds

Adding to the following longs: , , and .

Bond Yields

So you all know, the critical thing that made me sell out my aforementioned trading longs - well before I anticipated to! - was the leg higher in bond yields in the last few minutes. P.S. - Correction from previous post: I sold out all my trading lo...