Stock Market News for August 04, 2016
Zacks Equity Research - Zacks Investment Research - 1 hr 8 mins ago
Gains in energy and financial shares helped major indexes end in the green on Wednesday
GS: 157.83 (-0.51), ADP: 88.52 (+0.33), JPM: 64.45 (-0.21), C: 43.95 (+0.06), XOM: 87.49 (unch), WMB: 25.09 (-0.58), HP: 62.42 (-0.61), BRK.B: 143.47 (-0.16), CVX: 100.32 (-0.29), SLB: 79.49 (-0.13), MS: 28.09 (-0.33)
Goldman Sachs (GS) to Pay $36.3 Million for Using Confidential Data
Zacks Premium Research - Zacks Investment Research - Wed Aug 03, 3:46PM CDT
The Federal Reserve is penalizing the bank after it used confidential information to gain more business from clients.
GS: 157.82 (-0.52)
Is Goldman Sachs Right on Crude?
Tracey Ryniec - Zacks Investment Research - Tue Aug 02, 4:59PM CDT
Sheraz Mian and Tracey Ryniec discuss where crude is headed for the second half of the year.
OIS: 30.70 (-0.09), GS: 157.82 (-0.52), HAL: 42.77 (-0.17), SLB: 79.49 (-0.13), URI: 76.63 (+0.03)
SmarTrend Watching for Potential Rebound in Shares of Goldman Sachs Group After 1.19% Loss
Comtex SmarTrend(R) - Tue Aug 02, 12:55PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $155.94 to a high of $158.46. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $157.93 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 157.82 (-0.52)
After Yesterday's Decline of 1.19%, Goldman Sachs Group Offers Investors Better Value
Comtex SmarTrend(R) - Tue Aug 02, 12:53PM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $155.94 to a high of $158.46. Yesterday, the shares fell 1.2%, which took the trading range below the 3-day low of $157.93 on volume of 1.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GS: 157.82 (-0.52)
5 Reassuring Dividend Stocks to Beat August Scare
Zacks Equity Research - Zacks Investment Research - Tue Aug 02, 7:38AM CDT
Stocks losing momentum, possibility of market turbulence and no imminent rate hike all scream for investing in dividend stocks.
GS: 157.82 (-0.52), QCOM: 61.02 (+0.01), BPL: 70.78 (-0.46), OHI: 35.81 (+0.39), PFG: 45.82 (-0.01), M: 33.42 (-0.01), DB: 12.68 (-0.01)
5 Best Top Ranked Stocks of July
Swarup Gupta - Zacks Investment Research - Mon Aug 01, 10:49AM CDT
Markets enjoyed a month of strong gains on the back of a modest increase in earnings numbers and impressive economic data.
AMZN: 762.24 (+7.60), F: 12.10 (-0.03), OMN: 9.08 (+0.03), BLK: 367.59 (-0.57), STX: 31.03 (+0.30), C: 43.94 (+0.05), MXL: 21.53 (+0.09), AKS: 6.07 (-0.15), WFC: 47.81 (+0.24), BAC: 14.40 (-0.08), MS: 28.09 (-0.33), GS: 157.82 (-0.52), JPM: 64.43 (-0.23), TPX: 76.02 (-0.35), PNC: 84.19 (+0.34), MSFT: 57.13 (+0.16), AAPL: 105.83 (+0.04)
Research Reports for Facebook, DuPont, Gilead & Others
Sheraz Mian - Zacks Investment Research - Thu Jul 28, 1:23PM CDT
Research Reports for Facebook, DuPont, Gilead & Others
GS: 157.82 (-0.52), GILD: 80.22 (+0.13), FB: 124.17 (+1.66), BCE: 47.63 (+0.37), ADI: 63.23 (+0.36), DD: 68.91 (unch), M: 33.42 (-0.01)
Bear of the Day: Interactive Brokers Group (IBKR)
Brian Hamilton - ZACKS - Mon Jul 25, 6:01AM CDT
Bear of the Day: Interactive Brokers Group (IBKR)
GS: 157.82 (-0.52), IBKR: 34.68 (-0.14), MS: 28.09 (-0.33)
Goldman Sachs Group (GS) Breaks Through Support at $162.20
Comtex SmarTrend(R) - Tue Jul 19, 8:37AM CDT
Shares of Goldman Sachs Group (NYSE:GS) opened today below their pivot of $163.14 and have already reached the first level of support at $162.20. Investors may be interested in a cross of the next downside pivot targets of $161.06 and $158.98.
GS: 157.82 (-0.52)
Goldman Sachs (GS) Q2 Earnings Beat; Costs Falls
Zacks Equity Research - Zacks Investment Research - Tue Jul 19, 8:14AM CDT
Goldman came out with earnings per share of $3.72, significantly beating the Zacks Consensus Estimate of $3.01. Lower expenses were primarily responsible for the beat.
GS: 157.82 (-0.52)
Market Rally Takes Breather Despite Q2 Earnings, June Housing Starts
Mark Vickery - ZACKS - Tue Jul 19, 3:52AM CDT
Not even June Housing Starts have been able to turn around futures this morning, after posting 4.8% in gains, compared with 1.7% in May.
NFLX: 92.54 (-0.56), GS: 157.82 (-0.52), IBM: 160.72 (+0.05)
How to Trade Goldman Sachs (GS) Ahead of Earnings
David Bartosiak - Zacks Investment Research - Mon Jul 18, 5:09PM CDT
David Bartosiak gave us his thoughts on Goldman Sachs before they report earnings tomorrow.
GS: 157.82 (-0.52)
Earnings Preview: Morgan Stanley (MS) vs. Goldman Sachs (GS)
Eric Dutram - Zacks Investment Research - Mon Jul 18, 4:39PM CDT
The broker dealer segment has been beaten down thanks to a weak trading environment and a sluggish outlook on the interest rate front. MS and GS look to set the record straight this week when they give their reports, but which is the best positioned for gains?
GS: 157.82 (-0.52), IAI: 39.21 (-0.02), MS: 28.09 (-0.33)
This Investment Bank Looks Like a Short Ahead of Earnings
ESTMZ - Mon Jul 18, 3:01PM CDT
The Goldman Sachs Group ( GS ) Financials - Capital Markets| Reports July 19, Before Market Opens Key Takeaways The Estimize community is looking for earnings per share of $3.10 on $7.62 billion in revenue, a 34% decline on the bottom and 14%...
SPY: 216.48 (+0.30), GS: 157.82 (-0.52), MS: 28.09 (-0.33)
SmarTrend Watching for Potential Pullback in Shares of Goldman Sachs Group After 1.19% Gain
Comtex SmarTrend(R) - Mon Jul 18, 11:57AM CDT
Goldman Sachs Group (NYSE:GS) traded in a range yesterday that spanned from a low of $162.01 to a high of $164.09. Yesterday, the shares gained 1.2%, which took the trading range above the 3-day high of $163.24 on volume of 2.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
GS: 157.82 (-0.52)
Dow 30 Stock Roundup: JPM Q2 Impresses, Orders for Boeing & United Technologies
Swarup Gupta - Zacks Investment Research - Mon Jul 18, 10:51AM CDT
The Dow notched up heavy gains during an eventful week, boosted by multiple factors.
MMM: 178.45 (+0.07), AA: 10.34 (-0.07), GE: 31.17 (+0.04), GS: 157.82 (-0.52), JPM: 64.43 (-0.23), UTX: 106.76 (+0.47), PFE: 35.29 (unch), XOM: 87.49 (unch), DD: 68.91 (unch), CVX: 100.32 (-0.29), BA: 131.69 (-0.18), VZ: 53.99 (+0.09)
Investment Management Earnings Preview: GS, IBKR, AMTD
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 9:36AM CDT
Investment management (part of the broader Finance sector) performed decently over the last several quarters. Volatility in the second quarter was heightened by Brexit related uncertainty which became more pronounced from the beginning of June.
GS: 157.82 (-0.52), IBKR: 34.68 (-0.14), AMTD: 30.07 (+0.03)
4 Blue Chips to Dazzle with Dow Nearly at 20,000
Zacks Equity Research - Zacks Investment Research - Mon Jul 18, 9:22AM CDT
With the Dow all set to hit the 20K mark, investing in solid blue-chip stocks should be a prudent move.
JNJ: 124.13 (+0.23), GE: 31.17 (+0.04), HD: 136.06 (-1.00), GS: 157.82 (-0.52), JPM: 64.43 (-0.23), IBM: 160.72 (+0.05), UNH: 143.39 (+0.51), MCD: 117.93 (+0.41), WMT: 72.91 (-0.03), INTC: 34.48 (+0.23), BA: 131.69 (-0.18), AAPL: 105.83 (+0.04)