The Goldman Sachs Group Inc. (GS)

215.52
3.94 1.86
NYSE : Finance
Prev Close 211.58
Open 214.80
Day Low/High 212.55 / 217.33
52 Wk Low/High 151.70 / 245.08
Volume 5.28M
Avg Volume 2.37M
Exchange NYSE
Shares Outstanding 365.84M
Market Cap 78.27B
EPS 25.60
P/E Ratio 8.90
Div & Yield 3.40 (1.54%)

Putting Goldman Sachs on my Best Ideas List (LONG)

I initially placed Goldman Sachs on my Best Ideas List (short) at $242 on January 10, 2017 - nearly two years ago. It was not a popular decision! My short thesis cited several factors including: * Goldman Sachs remains a "value trap" * I give manage...

Here Are My Top Guiding Investment Themes for 2019

Here Are My Top Guiding Investment Themes for 2019

Here are my predictions for the S&P 500, bank stocks, the Federal Reserve's move on interest rates and much more in the coming year.

Turning Bullish on Five Below

Turning Bullish on Five Below

Five Below is having a solid year, climbing 51% year to date.

Added to My Financials

I have added further to my trading layer (on top of investment position) in financials this morning. ( , and ) I will have more on financials on Monday - in a more lengthy analysis. I will be at a Board of Governors meeting at my golf club from 12-2...

Jim Cramer: This May Be an Inflection Point for Banks and Oils

Jim Cramer: This May Be an Inflection Point for Banks and Oils

But there is no catalyst right now, and there are so many other sectors with better prospects.

Here's Why Bank Stocks Are Sinking Today

Here's Why Bank Stocks Are Sinking Today

Wake up and smell what the Fed is cooking and lower the amount of your portfolio allocated to stocks.

Studying Up on Arco Platform for a Potential Trade

Studying Up on Arco Platform for a Potential Trade

ARCE has been trading between $20.50 and $24.50 since its IPO.

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...