| Prev Close | 327.76 |
| Day Low/High | 319.04 / 328.68 |
| 52 Wk Low/High | 130.85 / 335.81 |
Goldman Sachs Group, Inc. (GS)
319.48
NYSE
| Exchange | NYSE |
| Shares Outstanding | 344.07B |
| Market Cap | 112.77B |
| P/E Ratio | 11.70 |
| Div & Yield | N.A. (N.A) |
The Pentagon Makes a Statement
I will be taking the very first step in rebuilding my long in LMT this morning as the market sagged, and I do think that an entry level for BA is around here someplace.
More Buys
Expanded (I don't think I mentioned buying on Friday - was $90 last month, now $47), , and this morning.
'Trade of the Week': Long Goldman Sachs ($134)
Trading at almost a 40% discount to its book value, investors and traders have rarely seen such an opportunity to become a Partner of Goldman Sachs !
I See a Smorgasbord of Possible 'Generational' Opportunities: Constructing an Investment Portfolio for the Next 1-3 Years
* Before you read this opening missive be sure you understand your risk appetite and profile as well as your time frame * I see a possible "generational" investment opportunity developing and I am now even more aggressively buying for the intermedia...
How Much of a Countertrend Bounce Would Fiscal Stimulus Bill Produce?
Be clear about your trading and investing style and don't confuse a bounce with a bottom.
Next Week's 'Trade of the Week' Will Be Long Goldman Sachs ($145.77)
I will have more on Monday but I am making my "Trade of the Week" (next week). Trading at a one third discount to its book value, investors and traders have rarely seen such an opportunity to become a Partner of Goldman Sachs!
Market Friendly Developments?
* Ns over Ss! * The lingering impact of COVID-19 on our behavior helps to explain my large long investments in Google, Amazon and Twitter * Banks were the problem in the last recession, they will be part of the solution over the next few years I am ...
I'm Glad That I'm Long Amazon
There's a pretty good chance that at some point, I will wish that I was longer.
Today's (and Yesterday's) Trades
I added to , , , , , , and this morning. A reminder that yesterday I initiated new positions in , , , , and .
Thank the Fed, Cessation of Economic Activity, Rescuing Airlines, 3 Key Stocks
When the central bank is on top of their game as they have been of late, credit must go where credit is due.
Jim Cramer: These 5 Stocks Still Have Further to Fall
Apple and these other big names must break the December 2018 lows to reach an investable level again.
There's a Worthy Options Play to Be Had With JP Morgan
I'm not willing to stick my neck out right now and take an equity stake.
Added to 6 Stocks
I added to , , , , and this morning.
Goldman Sachs Could Keep Sagging As Broader Market Seeks a Bottom
The technical signs of the financial giant warn of potential steep losses due to little in the way of chart support.
Jim Cramer: What to Buy and What to Sell Now, Part 2
In the 2nd of a 3-part series, Jim Cramer goes through all 30 Dow stocks to evaluate what is safe to buy and what you should sell or avoid (like the plague).
Buys Today
, , , , , , , , , .
Added to 3 Positions
I have added to JPMorgan Chase , Facebook and Goldman Sachs this afternoon.
What the Hitchhikers Guide to the Galaxy Has to Say About Covid-19
Let's see, what does the guide to the entire universe have to say that could possibly help us in the face of a virulent virus? Two words.
Added to These 6 Longs
I added to the following longs (on the opening): , , , , , and .
Despite Virus Fears, Avoid Retail Pharmacy Stocks
With so many consumers preparing for a potential coronavirus outbreak, you might think that owning retail pharmacy stocks makes sense right now.
Back Large in Banks and Some Other Moves
This morning I moved to medium-sized , , and longs. And I moved back to large-sized on and . I have a busy research schedule today (mostly phoners) but I will outline the case for buying early tomorrow morning.
Adding to 6 Stocks
I have added to , , , , , longs this morning.
Salesforce Could Get Punished With Spillover Weakness
Don't let a winner turn into a loser.
Mastercard Could Test and Perhaps Break Important Support
The charts of the payments giant suggest there is further risk ahead, so check your cost basis and take appropriate action.
GS, BAC and C
I have moved back to large on and (I have been a scale buyer in both). And my position is now medium-sized (also scale buyer lower).
My First Buy Is Goldman Sachs
Recently, as posted in my Diary, I sold out the last of my Goldman Sachs close to $240/share. After my sale, the shares proceeded to trade to near $250/share. I just reestablished a small long at $219.75 (-$5 today) as the share price has moved back...
An Honest and Still Ursine Market View
* At the market highs the S&P 500 Index was approximately 15%-20% overvalued * The S&P Index according to my calculus remains about 10%-15% overvalued (current price: 3230; fair market value: about 2850) * But, with the concentrated outperformance o...
The Market's Structure and a Black Swan (Called Coronavirus) Are a Toxic Cocktail of Risk
* Risk happens fast - as we now take the elevator down * At 4:45 am S&P futures were -90 and Nasdaq futures were -315 handles * Market structure - in which the majority of products and strategies are bullish and lie on "the same side of the boat" - ...
My Recent Moves
I thought it might be helpful to briefly summarize some of my more meaningful moves in the market over the last few weeks: * I eliminated Goldman Sachs around $240 (my year end 2020 target price) and reduced the size of my , and longs. Lower interes...
There Are No Signs That the Mood of the Market Has Shifted
The pockets of strong trading action in individual stocks illustrates an appetite for speculative action.
