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)
Technical Problems, Stinky Breadth, Fiscal-Monetary Ying Yang, White House Shots

Technical Problems, Stinky Breadth, Fiscal-Monetary Ying Yang, White House Shots

Plus, checking out trades related to Amazon, Macy's and a few defense and metals stocks.

GS, MS Loss

I have taken my loss in the Goldman Sachs  and Morgan Stanley  shorts just now. Covered at $400.80 and $101.60, respectively.

Jim Cramer: What Do You Pay for a Stock? Here's My 2-Pronged Process

Jim Cramer: What Do You Pay for a Stock? Here's My 2-Pronged Process

You don't want to throw away a perfectly good stock because its p/e is high. I would be more worried if its p/e is low.

GS on PPI

Goldman Sachs on the PPI release: BOTTOM LINE: The producer price index (PPI) increased by 1.0% in July, four tenths above consensus expectations. Core measures were strong, with the PPI excluding food, energy, and trade services increasing by 0.9%....

Today's Shorts

Shorts today:  , , , I also covered some puts and sold some more SPY calls (short).

I Call BS to Robinhood's Stock Price

* To be frank, I also call BS to those who are now endorsing HOOD's shares * Many of the same pundits who supported the shares of other meme stocks - like GME and AMC (that have recently crashed and burned) - are now endorsing HOOD * History will rh...

Adding to ViacomCBS

I am adding to my already large ViacomCBS  position in premarket trading.  I am currently on the company's conference call.  Here is Goldman Sachs'  first look on the second quarter beat: ViacomCBS (Buy) reported solid 2Q21 results that beat our est...

An Active Trading Day

I had a very active trading day! * I added to Discovery , Disney , Ford (sold calls), General Motors (sold calls) and Viacom longs. * I added to Facebook , Goldman Sachs , Morgan Stanley , and Tesla shorts. Thanks for reading my Diary. Enjoy your ev...

Square's Most Significant Opportunity Is Still in Mobile Payments

Square's Most Significant Opportunity Is Still in Mobile Payments

For investors, mobile payments could represent a chance to get in early on a trend that is likely to accelerate in the future.

GS, MS Shorts

I shorted more and earlier this morning.

Adding to Morgan Stanley, Goldman Sachs Shorts

Adding to my and shorts at $96.54 and $379.18, respectively.    

Monday Morning Trades

In a real attempt to be transparent - here are my trades from this morning with today's cost basis in parentheses:   * Short ($440.99) * Short ($366.57) * Short ($36.60) * Short ($383.70) * Short ($98.19) * Short ($260.71) * Short ($711.32) * Short ...

U.S., Chinese Regulators Work on Framework to Protect Investors

U.S., Chinese Regulators Work on Framework to Protect Investors

Are the stock watchdogs really able to put the necessary disclosures in place, given the anti-business sentiment coming from the very top?

Shorts

I am back shorting at $375.26, and at $95.97.

Shorting GS, ARKK

I am back shorting ($372.17) and ($122.25).

Sifting Through the Wreckage, One Ugly Chart, Holding the Line, Netflix Preview

Sifting Through the Wreckage, One Ugly Chart, Holding the Line, Netflix Preview

IBM beat expectations and the complexion the overnight mood changed. But will the mood change hold?

Jim Cramer: Focus on the Trees and You'll Miss a Forest of Opportunity

Jim Cramer: Focus on the Trees and You'll Miss a Forest of Opportunity

Instead of fixating on stocks like the banks, look at what really matters: how darned rich this country is.

This Is Why the Indexes Can Be So Misleading

This Is Why the Indexes Can Be So Misleading

Let me show you how one or a few mega-cap stocks can skew the picture of the market.

Nasdaq Catalyst?

Goldman Sachs' upbeat call on Apple will likely be a catalyst to another good start for the Nasdaq this morning. I am not yet short but I will as it gets ridiculously extended and the RSI moves towards par.

Powell on the Hill, Inflation and Treasuries, Budget Deficit, Apple, Trading WW

Powell on the Hill, Inflation and Treasuries, Budget Deficit, Apple, Trading WW

If you are not in the market for a vehicle right now, inflation is right where the pros thought it would be.

Jim Cramer: Here's What You Can Do When Inflation Is Raging

Jim Cramer: Here's What You Can Do When Inflation Is Raging

Think about this: Do names like Alphabet, Apple or Microsoft need oil, food stuffs or natural gas to run? Let me show you what I mean.

They Were Dead Wrong

The "pros'" initial response to the JPMorgan Chase and Goldman Sachs EPS reports were dead wrong.

I'm Still OK With the Banks, June's Inflation Surprise Notwithstanding

I'm Still OK With the Banks, June's Inflation Surprise Notwithstanding

However, we await with bated breath what Fed Chairman Jerome Powell will say before Congress this week.

There's Good and Bad in the Markets as Earnings Season Begins

There's Good and Bad in the Markets as Earnings Season Begins

Traders are looking for an edge, but there just isn't enough volatility to do much.

Goodbye, Goldman

I covered  my Goldman Sachs short on the whoosh lower at $376.70.

In the Interest of Transparency...

My cost bases, in premarket trading, on the JPMorgan Chase and Goldman Sachs short rentals are $157.63 and $383.90, respectively.    

Shorting Goldman Short Term

I have taken a short-term short rental in Goldman Sachs at a bit more than $382 in premarket trading.  

My Comment of the Day

dougie kass • a few seconds ago "First Level Thinking" - blew out earnings - at $15/share vs consensus at $10/share - First level thinking - big beat the stock should erupt higher. "Second Level Thinking" - GS blew out earnings but the shares which ...

Earnings Kickoff, Trading GS and JPM, CPI, Lockheed Martin, Black Widow's Model

Earnings Kickoff, Trading GS and JPM, CPI, Lockheed Martin, Black Widow's Model

Perhaps a bigger deal Tuesday morning than second-quarter banking earnings will be the June data for consumer prices.

Markets Come Off Their Morning Hangover

Markets Come Off Their Morning Hangover

Stocks slowly improved most of the day and closed well off the early lows, but biotech and some of the 'shutdown' names lagged.