Goldman Sachs Group, Inc. (GS)

306.80
NYSE
Prev Close 308.20
Day Low/High 299.41 / 312.59
52 Wk Low/High 293.90 / 426.16
Exchange NYSE
Shares Outstanding 343.45B
Market Cap 105.85B
P/E Ratio 11.70
Div & Yield N.A. (N.A)

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...

Jim Cramer: The Stock Market's Machine Buyers

Jim Cramer: The Stock Market's Machine Buyers

These are simply programs where some ETFs and handcrafted baskets are overwhelming both sides of the market.

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 exceed that of Drexel Burnham.   As I wrote last on Friday:  Nov 02, 2018 ' 01:55 PM EDT DOUG KASS On Goldman...

Now This...

"Just one more thing." -- Lt. Columbo I mentioned that the weight of this situation is heavy on Goldman Sachs . Now this... zerohedge @zerohedge 3m MORE THAN 30 GOLDMAN EXECUTIVES REVIEWED 1MDB DEALS: FT that's a lot of people not going to prison

Tell Me Something I Don't Know About Projected Fourth Quarter GDP

Regular readers of my Diary know I sometimes post things that replicate the theme of the "Tell Me Something I Don't Know" segment on MSNBC's "Hardball With Chris Matthews." So... "Tell me something I don't know, Dougie." In the face of the weak 3Q c...

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

Jim Cramer: The Move Out of Regional Banks Is Fed-Fueled

The shift from regional to national banks is stark.

Jim Cramer: An Absence of Negatives Is a Real Positive

Jim Cramer: An Absence of Negatives Is a Real Positive

This is what the market looks like when the Fed says nothing and the president isn't ranting about something.

Say No to Goldman Sachs (Part Deux)

* Goldman Sachs remains a "value trap" * I give management credit for trying - but there are risks to achieving higher returns * The brokerage's lower returns achieved in 2018 (compared to yesteryear) - are a permanent condition - and justify its cu...

Here's How to Play Adobe on Killer Growth Forecast: Market Recon

Here's How to Play Adobe on Killer Growth Forecast: Market Recon

Adobe released new guidance for the rest of this year and 2019. With 20% growth in the cards, this name is a buy.

Jim Cramer: Is This as Good as It Gets?

Jim Cramer: Is This as Good as It Gets?

Will it be too painful to stick around while you wait for the Fed to change course?

While a Number of Factors Led to the Market Meltdown...

... It was the changing market structure that set us up for and has exacerbated the schmeissing. Randolph Duke: Money isn't everything, Mortimer. Mortimer Duke: Oh, grow up. Randolph Duke: Mother always said you were greedy. Mortimer Duke: She meant...

Analysts Urge Investors to Take Advantage of Square's Slide

Analysts Urge Investors to Take Advantage of Square's Slide

Square's slide may provide an attractive entry point for investors.

The Stealth Bear Market of 2018

"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring ...

Jim Cramer: Rates Are Not Done Going Up Yet

Jim Cramer: Rates Are Not Done Going Up Yet

When rates get to where they have to go we are going to have a slowdown that will be regarded as stagflationary.