Tagged: Goldman Sachs

Can Bloomberg be killed?

It’s podcast time again. Yesterday, I grabbed StockTwits CEO John Melloy, formerly of CNBC and Bloomberg. I wanted his perspective on whether or not Bloomberg can be killed. It’s a topic that resurfaces every time a new technology enters the market that makes terminals seem useless — or terminally ill if you will. First it …

Merrill Lynch = Enron ?

So Merrill Lynch is being tried by the public markets today (and losing bad) for parking off balance sheet mortgage and other real estate packaged crap at hedge funds. It’s not proven, but you know they do this stuff. I am looking for paper shredder stocks, because they must be flying off the shelves in …

Big Day for Bulls?

Yes! Until it isn’t. I am watching Goldman Sachs right now. I bolted at $178 per market on the rate cut announcement. The stock now closed a few weeks later above the $178 at $180. It could preannounce and open at $150 tomorrow, but are we not expecting that? Is that not facored in? I …

Goldman Sachs…IN

I added a half position in Goldman Sachs today and in the 140’s would add more. Buying the best financials when guys like me are making fun of them has always been the right thing to do. Goldman is like Danny Ainge. You hate them until they are on your team. Down 30 plus percent …