SmarTrend Watching for Potential Rebound in Shares of Goldman Sachs Group After 1.03% Loss
Comtex SmarTrend(R) - 2 hrs 9 mins ago
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $210.70 to a high of $214.61. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $210.75 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 211.05 (-2.20)
After Yesterday's Decline of 1.03%, Goldman Sachs Group Offers Investors Better Value
Comtex SmarTrend(R) - 2 hrs 10 mins ago
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $210.70 to a high of $214.61. Yesterday, the shares fell 1.0%, which took the trading range below the 3-day low of $210.75 on volume of 2.2 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 211.05 (-2.20)
Citigroup to Pay $140M Fine, Shut Down Banamex USA Unit - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Jul 23, 2:13PM CDT
Putting an end to the regulatory probe over its three-branch Banamex (Banco Nacional de Mexico) USA subsidiary, Citigroup Inc. (C) has decided to shut down the unit. Notably, the closure follows on the agreement by Citigroup to pay $140 million as settlement to regulators over loopholes in its anti-money laundering (AML) program.
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), DB: 33.83 (+0.40)
How to Trade 5 Big Stocks for Big Gains -- Must-See Charts
at The Street - Thu Jul 23, 11:42AM CDT
Here's a technical look at how to trade some of the biggest stocks on Wall Street.
HD: 114.59 (-0.31), V: 71.75 (-0.22), GS: 211.05 (-2.20), CNI: 60.22 (-0.78), PFE: 34.78 (-0.10)
'Showdown Year' for Cyber-Attacks Has Hackers Demanding Ransom in Bitcoin
at The Street - Thu Jul 23, 6:41AM CDT
Regulators are urging companies to ramp up cyber-security systems to protect both their own businesses and their customers' data as Finra recounts extortion attempts by hackers seeking ransom in Bitcoin.
HD: 114.59 (-0.31), GS: 211.05 (-2.20), JPM: 69.64 (-0.44), EBAY: 28.43 (-0.02), MS: 39.94 (-0.60)
Citigroup "Fully Reserved" for $770M CFPB Settlement - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Wed Jul 22, 3:40PM CDT
If you are a Citigroup Inc. (C) credit card holder, your bank might owe you some money. The global banking giant will soon refund roughly $700 million to nearly 8.8 million customers who were victimized by illegal credit card practices at its Global Consumer Banking ("GCB"
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), DB: 33.83 (+0.40)
Home Depot to Buy Construction Pro Supplier Interline Brands
at The Street - Wed Jul 22, 2:57PM CDT
Home Depot said Wednesday it would acquire privately held Interline Brands, a distributor and vendor of maintenance and repair supplies, for $1.625 billion, strengthening its offerings for professional contractors.
HD: 114.59 (-0.31), GS: 211.05 (-2.20)
Jim Cramer's 'Mad Money' Recap: Seeing a Double Standard in Market Valuations
at The Street - Tue Jul 21, 7:23PM CDT
Cramer says Apple is in a tug of war between the bull and bears, and the bears seem to be winning.
RH: 104.78 (-0.85), BLK: 346.44 (-3.56), UTX: 101.14 (-0.41), C: 59.87 (-0.47), RTH: 77.78 (-0.77), YRCW: 12.79 (-0.27), UPS: 96.11 (-1.12), YHOO: 39.21 (-0.03), INSY: 44.25 (+0.42), JPM: 69.64 (-0.44), IBM: 161.73 (+1.38), CMG: 725.94 (+0.12), AAPL: 125.16 (-0.06), MBLY: 60.66 (unch), AMBA: 122.99 (+0.49), GPRO: 63.95 (+2.27), WLL: 24.51 (+0.20), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31), TIF: 95.24 (+0.48), MS: 39.94 (-0.60), NFLX: 110.10 (-1.40), AA: 9.96 (-0.03), GS: 211.05 (-2.20), JWN: 78.02 (-0.97), CVX: 92.94 (-0.57)
JPMorgan, Goldman Sachs Prepped for the Pain of Volcker Rule
at The Street - Tue Jul 21, 2:24PM CDT
The Volcker Rule limiting proprietary trading at U.S. banks took effect on Tuesday. Rather than bar specific transactions, it tries to limit fallout on taxpayers, said former Congressman Barney Frank.
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), BAC: 18.18 (-0.27), MS: 39.94 (-0.60)
Banks for the Tech-Savvy Eliminate Everything But the Mobile App
at The Street - Tue Jul 21, 11:30AM CDT
App-only banks still have to convince prospective customers that their money is just as safe -- and just as real -- as it would be in a vault.
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27)
Fed's 'Tough' Stance on Big Banks Isn't That Tough
at The Street - Tue Jul 21, 10:16AM CDT
The Federal Reserve is going to require the eight largest commercial banks to meet more restrictive capital requirements. Most already have, and they have until 2019 to do so anyway.
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), MS: 39.94 (-0.60)
Bullish Banking Earnings Drive Up These ETFs - ETF News And Commentary
Zacks Equity Research - Zacks Investment Research - Tue Jul 21, 6:30AM CDT
A great start to the earnings season put these financial ETFs in focus.
GS: 211.05 (-2.20), VFH: 51.37 (-0.45), JPM: 69.64 (-0.44), KBWB: 41.01 (-0.41), C: 59.87 (-0.47), BAC: 18.18 (-0.27), WFC: 58.21 (-0.31), IYG: 97.29 (-1.00), XLF: 25.36 (-0.22), MS: 39.94 (-0.60)
Morgan Stanley Q2 trading up
at Investor's Business Daily - Mon Jul 20, 5:40PM CDT
The N.Y.-based lender's Q2 EPS excluding items was 79 cents, beating views by 5 cents. Excluding accounting adjustments, revenue rose 12.2% to $9.6 bil, beating estimates of $9.1 bil. Trading revenue rose 32.4% to $3.5 bil. Fixed income and...
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), BAC: 18.18 (-0.27)
Morgan Stanley Outshines Banking Rivals with $300 Million Trading Growth
at The Street - Mon Jul 20, 5:31PM CDT
Morgan Stanley trumped its trading-business rivals in the past three months, posting a $300 million gain even as revenue from comparable activity declined at Goldman Sachs and JPMorgan.
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), MS: 39.94 (-0.60)
JPMorgan Hit Hardest Under Fed's $200 Billion Crisis-Prevention Plan
at The Street - Mon Jul 20, 5:30PM CDT
JPMorgan Chase will have to set aside the most capital reserves, about $66 billion, under a new Federal Reserve rule designed to help safeguard against another financial crisis.
STT: 79.71 (-1.11), GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27), BK: 44.47 (-0.26), MS: 39.94 (-0.60)
Fed OKs $200 Bil Capital Cushion At Top 8 Banks
at Investor's Business Daily - Mon Jul 20, 2:35PM CDT
The Federal Reserve Board on Monday approved a final rule directing JPMorgan Chase (JPM) and seven other large U.S. banks to hold more equity capital at higher than current industry requirements. The move is designed to create a cushion against...
STT: 79.71 (-1.11), GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), WFC: 58.21 (-0.31), BAC: 18.18 (-0.27), BK: 44.47 (-0.26), MS: 39.94 (-0.60)
Morgan Stanley Only Top Bank To See Q2 Trading Gain
at Investor's Business Daily - Mon Jul 20, 12:41PM CDT
Morgan Stanley (MS) was the only big bank to report an increase in trading revenue during the second quarter, helping the investment banking giant top forecasts. The New York-based lender earned 85 cents a share for a net income of $1.8 billion, down...
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), BAC: 18.18 (-0.27), MS: 39.94 (-0.60)
Morgan Stanley 2Q profit tops estimates, helped by trading
By KEN SWEET - AP - Mon Jul 20, 12:39PM CDT
NEW YORK (AP) — Morgan Stanley's second-quarter results topped Wall Street's expectations Monday, as the investment bank's trading and wealth management businesses helped lift revenue.
1 Comment
GS: 211.05 (-2.20), JPM: 69.64 (-0.44), C: 59.87 (-0.47), MS: 39.94 (-0.60)
No Vow of Poverty for Goldman CEO Lloyd "God's Work" Blankfein
Alex DUMORTIER, CFA, The Motley Fool - Motley Fool - Mon Jul 20, 11:51AM CDT
This is a light week for economic data (with the exception of June new home sales data on Friday morning) , so traders will be focusing on corporate earnings. We'r e entering the thick of the reporting season, with one-fifth of the...
GS: 211.05 (-2.20)