Goldman Sachs Group, Inc. (GS)

418.60
3.90 0.93
NYSE
Prev Close 414.75
Open 416.37
Day Low/High 413.76 / 418.23
52 Wk Low/High 185.52 / 420.76
Volume 600.61K
Exchange NYSE
Shares Outstanding 339.76B
Market Cap 140.77B
Div & Yield N.A. (N.A)

From the Street of Dreams  

  Goldman Sachs has upgraded Tesla  to "overweight" from "neutral." (The shares traded +$17 in the after hours) To me, this is a possible signpost of a large follow-on offering of Tesla shares (coincident with the S&P inclusion). Tactically, this wo...

Chinese Smartphone Maker Xiaomi Sets Hong Kong Top-Up Record

Chinese Smartphone Maker Xiaomi Sets Hong Kong Top-Up Record

Xiaomi last quarter replaced Apple as the world's No. 3 smartphone seller, but mostly it wants to eat Huawei Technologies' lunch.

Risk Now Dwarfs Reward

* The S&P is about 20% overvalued * I am medium-sized (about -25%) net short * And I have a lot of room to get shorter on further strength I have been net long for the majority of 2020.  No longer.  I have steadily reduced large holdings in a number...

Google Goes to Small-Sized Based on Market View and Reward vs Risk

* Google joins an expanding list of long holdings that have gone from large-sized to small-sized  On Friday I reduced my Alphabet holdings from large-sized to medium-sized: Nov 27, 2020 ' 10:40 AM EST DOUG KASS Reducing Long Exposure Through Individ...

Cutting Off Some Slices of PZZA

* I do love pizza * But the dual concerns of pulling forward sales and some evidence of disappointing sales, relative to high expectations, has reduced my upside price target for Papa John's .  In keeping with my paring down of some long term invest...

The Market Is Now Overbought and Statistically Overvalued

*The "Biden Bump" has taken stocks higher in the fourth quarter * Many stocks have moved from undervalued to fairly or overvalued * Market participants are now again complacent, greed has replaced fear and markets are now vulnerable to a bitcoin-lik...

Winners and Losers of the Day

With positive breadth (NYSE 3-1 advancers over decliners), Mr. Market reversed Friday's weakness on the wings of more favorable results of vaccination trials.   Financials were the world's fair -- clear market leaders with broad based gains of betwe...

Further Reducing Disney and General Motors This Afternoon

* Based on a less favorable upside/downside in both stocks  Just as was the case with and -- the shares of Disney and General Motors have moved into far less favorable levels on a reward vs. risk basis.  Disney is now trading +$5.50 to $146.50. I pl...

Further Reducing Goldman Sachs and Morgan Stanley Positions Today

* Based on reward vs. risk  Investment managers Goldman Sachs and Morgan Stanley have broken out to new highs today after stellar performance over the last two months.  MS was placed on my Best Ideas List at $31 only about eight months ago. It is tr...

Broadening Market Performance, the Vaccine 'Put', Trading McKesson

Broadening Market Performance, the Vaccine 'Put', Trading McKesson

Basically, I think we laid out enough reasons for financial markets to revolt, yet they did not.

Some Trades and Observations

* Added to my Index shorts, sold off some more Disney . * New 52 week high Walmart . * Banks are up by over 2%, +1.7% * Value winning - my two value ETFs -- and  -- are +1.2% and +2.1%, respectively - against S&P +0.7% and +0.4%. * Offering some , a...

Looking For a Developing Top

* It's a process * Breadth 2-1 negative today * No trades  This week I sold down to small-sized from large-sized on a number of longs: , , , , , , etc.  I sold at good prices and I am comfortable with that decision.  I will be posting "Levels" in th...

Down to Tagends in These Names

I now have tagend positions - ergo less than small! - in , , , , and .  I am now between small and medium-sized in net short exposure.  

The Thunder in South Florida Yesterday Was Not the Bad Weather - It Was the Sound of the Market's Pivot From Growth to Value

* Yesterday may have represented a classic "sell on the good news" * While many were cheering about the vaccine news, I was waiting to sell, red tickets in hand * Some stocks and sectors had a great year yesterday * And some stocks and sectors got s...

More Trades

* I am trading unemotionally and based on changing reward vs. risk   * I have moved to small-sized. * I have added to the following longs: , , and to on this morning's market weakness. * On the "whoosh" higher I reduced and to small-sized. I'll add ...

Today's Trades

* Moved to small net long in exposure! * Reward vs. risk has deteriorated as today's market move borrows from future gains * A classic sell on the news opportunity?   * Established a short hedge - between medium and large-sized - at $363-$365 * Sold...

Improving Breadth and an Impressive Follow-Through of Market Strength

* The Nasdaq rose by 300 handles and the S&P advanced by 67 handles * The market was easy to dance to and had a good beat- I give this trading day a "95" "My name is Dougie Kass and I am 19. I am from Rockville Centre, Long Island, and I rate this t...

Jim Cramer: Think Bonds Are Safe Bets? Think Again

Jim Cramer: Think Bonds Are Safe Bets? Think Again

When I was started at Goldman Sachs 38 years ago, I was schooled on bonds vs. stocks. The tables, however, have turned.

Jim Cramer: Let's Bust These Election Myths

Jim Cramer: Let's Bust These Election Myths

These are the top five misconceptions about presidential elections -- and the stocks that you should look at right now.

Trump Stocks, Biden Stocks - How to Navigate the Election Unknown

Trump Stocks, Biden Stocks - How to Navigate the Election Unknown

Perhaps the best thing for the markets that might come out of Tuesday's election would be certainty, regardless of outcome.

Viva La Differencia

I am pressing the following value based longs: , , , , , , , and . Please note - regarding the pivot from growth to value - that the following growth stocks are lower in a sea of green: , , , , . __________  Long GOOGL, AMZN (large), VTV (large), VB...

A Prudent Time to Bet on Big Banks?

A Prudent Time to Bet on Big Banks?

A value investor reviews six big Wall Street banks following their recent strong earnings reports.

More Alphabet and Goldman

- I am raising my buy level for Alphabet  from $1450 to $1525 - and I am bidding for more stock.  - Goldman Sachs is back down to my buy level. Bidding for more.      

Jim Cramer: How to Play the Inevitable Stimulus

Jim Cramer: How to Play the Inevitable Stimulus

Go with the banks. They are cheap and we learned this week with that big move up in rates, they will too.

From the Street of Dreams

This morning UBS raised its Goldman Sachs price target from $245 to $260.  GS was placed on my Best Ideas List in December, 2018 at $169.95, and is now trading at $206.    

Kass: Are Banks an Unprecedented Longer Term Opportunity?

Kass: Are Banks an Unprecedented Longer Term Opportunity?

Should bank stocks make a move higher from here, the machines and algos will be following and buying bank stocks.

Zoom Zooms

The market capitalization of Zoom ($161 billion) today eclipsed that of the combination of Citigroup ($89 billion) and Goldman Sachs ($70 billion).      

Trade Boeing? Why Not?

Trade Boeing? Why Not?

Boeing has obviously cleaned up the firm's act. But still, who wants to get on an airplane these days?

Buyers of Morgan Stanley Should Wait for Renewed Strength Before Jumping In

Buyers of Morgan Stanley Should Wait for Renewed Strength Before Jumping In

Let's review the charts and indicators, and then revisit them in a few weeks.

Jim Cramer: The Stock Prices of Morgan Stanley and Goldman Sachs Are a Travesty

Jim Cramer: The Stock Prices of Morgan Stanley and Goldman Sachs Are a Travesty

They must be bought before everyone figures out what I'm telling you.