Goldman Sachs Group, Inc. (GS)

385.47
9.63 2.56
NYSE
Prev Close 375.84
Open 380.80
Day Low/High 379.71 / 389.29
52 Wk Low/High 185.52 / 420.76
Volume 2.97M
Exchange NYSE
Shares Outstanding 339.76B
Market Cap 128.47B
P/E Ratio 11.70
Div & Yield N.A. (N.A)

ViacomCBS Presents

ViacomCBS appeared at the Goldman Sachs conference today: Presenters: Robert M. Bakish, President and CEO, presented at the 30th Annual Communacopia Conference. Bottom Line: ViacomCBS gave a positive update on the outlook for its Paramount+ service,...

Evergrande's Troubles Leave Unbuilt City the Size of Los Angeles

Evergrande's Troubles Leave Unbuilt City the Size of Los Angeles

There are homes that could house an urban population of around 4 million now under construction by Evergrande alone.

Disney Falls on CEO's Comments at the Goldman Sachs Conference

Disney's "choppiness" comment regarding 3Q streaming sub adds at the Goldman Sachs conference has put a pall over the stock and others.  Remember, in late August I took off my position - I was short puts and covered for a small profit - when the sto...

AT&T at GS

AT&T spoke at today's Goldman Sachs conference, here.

Short Moves

I am covering a portion of my positions in the following shorts now: , , , , , , , , , , , and .

Hong Kong Market Tanks as Evergrande Property Scare Broadens

Hong Kong Market Tanks as Evergrande Property Scare Broadens

The broad Chinese property sector, the mainland's largest single industry, is selling off in Hong Kong as investors try to work out which will be the next domino to fall.

A Short Update: GS, MS

I am reducing my Goldman Sachs and Morgan Stanley shorts now at $395 and $101.80.

Reducing GS Short Position

The announcement that Goldman Sachs is making a stock acquisition for GreenSky ($2.2 billion) has put pressure on the shares.   I am covering (under $400/share) and reducing my short position to small-sized.  I will expand my short again on a rally.

Fear and Loathing on Wall Street

* We remain in a 'Bull Market In Complacency' * There is certainty and precision of the bullish consensus despite a wide range of possible market and economic outcomes - many of which are adverse and market unfriendly * A deeper than expected (and "...

5 More Shorts

I shorted more , , , and this morning.

If You're Looking for Normalcy on the Horizon, You Likely Won't Find It

If You're Looking for Normalcy on the Horizon, You Likely Won't Find It

From an inability to rein in COVID-19 to a continued struggle among employers to find enough help, the year isn't fulfilling its promise of hope.

Some Popular Market Sectors to Consider Selling/Shorting

* Lower stock prices, slowing economic growth, the potential disruption by Defi/FinTech and other technological initiatives/innovation and "pulling forward" present are some of the multiple threats that lie ahead for numerous companies in sectors wh...

Listing Some Shorts

Here is a partial list of my (non-Index) individual equity shorts: , , , , , , , , , , , , , , , , , , and .

Is Big Tech Betting on a Bubble with Buy Now, Pay Later?

Is Big Tech Betting on a Bubble with Buy Now, Pay Later?

The spending spree on BNPL could be adding more risk later for investors.

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

Thoughts on Afghanistan, Monthly Winning Streak, Repo Man, Buy Now, Pay Later

One day, either the Modern Monetary Theorists will be right, or the fiscal hawks will prove correct. Count me with the hawks.

Today's Trades

I have added to , , and longs. I have added to and shorts.

Jim Cramer: I'm 'Fed' Up With This Lazy Investing Advice

Jim Cramer: I'm 'Fed' Up With This Lazy Investing Advice

The whole notion of the grand inquisitor Fed is out of whack with reality. Here's what you should be watching, instead.

Today's Trades

* Added to at $16.06 and at $12.40.. * Shorted more at $445.67. * Shorted at $399.80 and at $102.05. * Added to short puts.

Back Shorting the Brokers

After taking a loss earlier in the week, I am reloading (small) in shorts of ($394.40) and ($100.61):  Aug 17, 2021 ' 01:06 PM EDT DOUG KASS GS, MS Loss I have taken my loss in the Goldman Sachs (GS) and Morgan Stanley (MS) shorts just now. Covered ...

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.