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 …

If it acts like a Meltdown…

Other than Goldman Sachs (which I ahave no position), we are in meltdown mode. Actually, Starbucks is up :) . It sucks. I have some piss in the wind SPY puts but maybe 10 percent coverage. I am just giving back some meaty gains that had been accumulating. Stops that I did not feel would …

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 …

Goldman Sachs…A Historic Day for Capital Markets

A very interesting/exciting day indeed. Google, Goldman Sachs, China, and the Dow/S&P are at all-time highs. Oil and Gold are pretty much there as well. Shipping companies too. It also ‘feels’ that EVERYBODY is short. The bears think what we are seeing can’t be happening. Wasn’t Goldman Sachs (GS) just bailing themselves out almost 80 …

Just Too Giddy…and a Reminder!

Semiconductors just suck balls in this rally and I have had a great run in Nvidia (NVDA) so am getting rid of it today. That sector is just too aggravating. Traders will be saying the same thing 5 years from now on homebuilders. Dead cyclicals are dead cyclicals. I would love to see some more …

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 …