Volume Spike Investor

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%
82 million [...]

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 tangible [...]

Goldman Sachs Group inc. (NYSE: GS) better go ahead and announce whatever bold new strategy it wants to do as a bank holding company.  This stock is down another 7.6% at $71.88 on active volume.  At 10:57 AM EST it has seen 15.7 million shares trade hands, yet its average daily volume is about 22.6 [...]

Shares of Goldman Sachs (NYSE: GS) and Morgan Stanley (NYSE: MS) have hit skid row again on no real news.  We have inquired around and the culprit is traders attacking the stock.  They are using these as hedges on other positions, but there may be more the concerns of this “investment bank turned banker” business [...]

Shares of Goldman Sachs Group Inc. (NYSE: GS) are trading up today by 1.4% at $180.80 at 12:06 PM EST.  Part of the relief is from Lehman’s (NYSE: LEH) earnings not being an “at-risk”operation and the rest is traders positioning themselves ahead of earnings tomorrow for the investment banking giant.  The flurry of interest is [...]