Goldman Sachs is hot on StockTwits as rumors swirl around the Beast. Oil price spikes, NYSE reporting irregularities and stolen computer trading codes aside, GS has the usual conflict of interests and conspiratorial malarkey to banter about. Nevertheless, the stock has been ripping since March, and remains in an uptrend above the upper Bollinger with…
Goldman Sachs continues to move higher, but the recently announced $5 billion stock sale signals waning confidence within the group. Lindzon posted a great piece here about some problems with the sector. GS has stymied me a bit, and while their practice suggests unlawfulness, the message of the market remains up. Friends of mine who…
Goldman Sachs (GS) is in the spotlight in lieu of American International Group’s (AIG) counter party revelations. GS is mired in resistance, and though it has enjoyed an uptrend since November, its days are numbered. The Bloomberg take on the AIG story can be found here. This is what I took from the article: AIG…
Apple gets plenty of talk on StockTwits.com Short this dog. Looks like a good short to cover at 55 with a nice close stop ~90. This is the trickiest of the bunch. I suspect it will move higher due to the credit crisis, but I do have a firm belief in China’s fundamental growth story….
General Motors is about as relevant as horse drawn carriages. AdSense sucks, and so does Google’s future revenue. I’ll keep the Gold, you take the Man Sachs. Citi is not only asleep, it is comatose, and probably dead.Leveraged destruction of the finance sector remains the best trade of the year.Equities suck, and though we may…
After losing ~4% of my equity in various long plays, I called it quits on Monday after the QQQQ’s breached 30.50 and went back into cash, the dollar (UUP) and some shorts. This market felt too heavy to rally, and time is working against it as GS and MS sag lower and lower, potentially sparking…