Goldman Sachs
  • GS

  • $606

  • +2.84%
  • $599

  • $607

  • $597

Ticker Appearances

Tue, October 15, 2024 | 9:47AM ET

⚡ FlashInsights

Tue, October 15, 2024 | 9:47AM ET
The drop in long-term rates in recent months still doesn't appear to be affecting bank Net interest income all that meaningfully, and this morning's earnings out of BAC 2.43%  GS 2.84%  and C 1.66%  are lifting these three stocks around 2% in pre-market trading. Technically, there was ample evidence that Financial earnings period might be received favorably by markets given the triangle breakout in the Financial sector that happened back on 10/4, a full week BEFORE Financial earnings got underway. This has helped the Financial sector claw back and is now the best performing sector over the last week based on Equal-weighted ETF performance out of the 11 major sectors. Invesco's RYF is up +3.80% over the last week, far better than the +2.28% in RSP and better than the +2.88% in ^SPX 0.18%  itself. Financials outperformance has begun to accelerate following last month's ability of RSPF to have exceeded former all-time highs from early 2022, and technically this sector remains an Overweight.

Daily Technical Strategy
Fri, April 12, 2024 | 6:53PM ET

Financials nearing short-term support but selectivity remains key

THIS WEEK’S SELLOFF LOOKS TO BE NEARING IMPORTANT SUPPORT HEADING INTO NEXT WEEK WHICH SHOULD ALLOW FOR SOME STABILIZATION AND A SNAPBACK RALLY INTO LATE...

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Wed, November 8, 2023 | 9:35AM ET

⚡ FlashInsights

Wed, November 8, 2023 | 9:35AM ET
This remains a light #macro week, but because positioning is so ‘light’ we expect stocks to levitate in the absence of macro.QQQ 0.10% SPY 0.18% IWM 0.81%  This chart fromGS 2.84%  Goldman Sachs speaks to the light positioning

Daily Technical Strategy
Wed, June 7, 2023 | 7:15PM ET

Financials and Energy strength are encouraging for SPX rally

TREND BULLISH- EXPECT RALLY UP TO SPX 4325 INTO END OF WEEK BEFORE POSSIBLE MINOR STALLOUT; PULLBACKS SHOULD BE BUYABLE WHEN THEY OCCUR FOR ADDITIONAL...

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