Posts Tagged by GS

Graveyard Chart Scenario for Goldman Sachs (GS) ?

Goldman Sachs (NYSE:GS) crashed through the $100 mark on Wednesday, closing out the day down $8.91 or 8.21% to $99.67. The drop below the psychological $100 is a big blow when coupled with the short-term upward trendline which was also broken on Wednesday’s decline. The “shattered” upward trendline, which had been in place since the…

Stocks to Watch Monday

Courtesy of EverythingDayTrading.com here are some stocks to keep an eye on Monday: After Friday’s action it is arguable that Monday could see a lot of action anyway…especially in the financial sector.  This has potential and can be watched.  Despite the markets being a bit roiled, stock selection will be based on the normal criteria…

Let’s Talk about Goldman Sachs (GS) and the Stock Market

The markets were a bit roiled today after GS found its self on the other side of fraud charges.  That stock fell aggressively, over 12% (and that was after it gained back over $5 from the low), and pulled the entire financial sector with it.  The market also finished lower, down 1.61% on the S&P…