Volume Spike Investor

Goldman Sachs Group Inc. (NYSE: GS) is trading higher this morning after this weekend the company, its management and its trading practices were defended by Warren Buffett at the annual shareholder meeting for Berkshire.  Buffett also endorsed Goldman Sachs’ Blankfein as CEO.  Buffett said the SEC has no case, and that Goldman or Paulson taking [...]

Goldman Sachs Group Inc. (NYSE: GS) is down almost 1% at $151.00 this morning on about 75,000 shares as of 8:34 AM EST.  CEO Lloyd Blankfein and the trader in the latest carnage are set to testify today before Congress today. Blankfein is expected to say that Goldman Sachs didn’t consistently short the housing market [...]

Goldman Sachs Group Inc. (NYSE: GS) has reported earnings.  The bulge bracket brokerage firm reported 1Q as $5.59 EPS, well above the $4.01 estimates from Thomson Reuters and $4.16 estimates from Dow Jones.  This translates to $3.46 billion in income and revenues were $12.78 billion.  Book Value Per Common Share came in at $122.52 as [...]

Goldman Sachs Group Inc. (NYSE: GS) is looking to be rather dull in comparison to what we saw on Friday.  Friday’s 12.8% drop to $160.90 is being followed up by a 1.2% drop to $158.70 on 655,000 shares as of 8:54 AM EST.  This one traded over 100 million shares on Friday, something not seen [...]

Goldman Sachs Group Inc. (NYSE: GS) saw major volume, of course, on all the news on Friday.  What we wanted to look at was the options activity in our weekend reviews, and the volume was massive.  The stock itself traded 102 million shares on the day it fell 12.8% at $160.70. The last time we [...]

You know the news on Goldman Sachs Group Inc. (NYSE: GS) today about being charged with civil fraud by the SEC over its role in some mortgage derivatives.  We won’t bother telling you that GS is down over 10% at $164.37 (-10.8%) on 75,000,000 shares as of 2:10 PM EST.  What is more important is [...]

We won’t bother complaining about or praising why these banks and brokers are down so much today.  You already know the proposed regulation that would basically turn banks into utilities. Here are the reactions… more importantly, look at the share volumes as of 1:33 PM EST: JPMorgan Chase & Co. (NYSE: JPM) $41.0125, Down 5.50% [...]

The major financial firms reporting earnings this morning are all lower, despite the notion that there were no misses on earnings.  Goldman Sachs Group Inc. (NYSE: GS) posted a monster number on the surface with $3.03 billion in net income.  The investment banking giant, or bank holding company with no banking operations, posted $5.25 EPS.   [...]

Goldman Sachs Group Inc. (NYSE: GS) is getting hit ahead of earnings as analyst Meredith Whitney has come out and downgraded the stock to Neutral from Buy after shares have run up over 30% since her Buy recommendation.  It is surprising that the volume is not more and that the reaction is not more as [...]

Several banking stocks are benefiting early Monday from noted financial bear Meredith Whitney’s bullish comments on the sector. Bank of America (NYSE: BAC) shares are up about 5 percent to $12.50 on premaket volume of 3 million shares, after the analyst said BofA is the cheapest of the banking names, based on her analysis of [...]