Currencies Rebound
Jul 15th, 2009 | By Chuck Butler | Category: Financial News, US Dollar & Forex TradingGoldman posts a nice profit… I smell a rat! Euro nears the 1.41 mark… Again! Gold manipulation? And Now… Today’s Pfennig!
Posts Tagged ‘ Goldman Sachs ’
Yen, Dollar Slip as Investors Tiptoe into Risk
Jul 14th, 2009 | By Contrarian Profits | Category: Financial News, US Dollar & Forex TradingThe yen slipped on Tuesday in choppy trade while the dollar struggled against most currencies as earnings of Goldman Sachs and U.S. retail sales surpassed expectations, stoking modest hopes for an economic recovery
Goldman vs. the U.S. Economy
Jul 14th, 2009 | By Eric J Fry | Category: Financial News, Politics & EconomicsBy the time you read this column, Goldman Sachs will have probably reported a dazzling result for the second quarter. The rumors preceding this celebrated event sparked a stupendous 185-point rally on Wall Street yesterday.
Inflation May Show It’s Ugly Head, Big Week for Bank Earnings
Jul 13th, 2009 | By Christian Hill | Category: Financial NewsMonday
Earnings Announcements: Novellus (NVLS)
Tuesday
Economic Reports: Core PPI, PPI, Retail Sales
Will this be the month that we finally see inflation take hold? If expectations come true, it very well could be. PPI is anticipated to show an increase of nearly 1%. Core PPI (which excludes food and energy costs) is expected to show an increase of 0.10%. Retail Sales are expected to post a surprising increase. Most reports I have seen show that retailers are still struggling. I don’t expect this report to beat expectations.
Earnings Announcements: Goldman Sachs (GS), Johnson and Johnson (JNJ), Yum Brands (YUM)
Is Goldman Sachs Manipulating the Market?
Jul 8th, 2009 | By Contrarian Profits | Category: Top StoryThis, a day after news hit that someone had stolen a “code” Goldman uses to do high-frequency program trading. According to Assistant U.S. Attorney Joseph Facciponti…
Are Banks Really Coming Back?
Jul 7th, 2009 | By Andrew Gordon | Category: Financial NewsFirst-quarter earnings reports for the big banks weren’t bad on the surface. But banks had to pull some rabbits out of the hat to do it. For example, Goldman Sachs skipped December in order to post improved numbers.
Will a Case of International Espionage Bring Down Goldman Sachs?
Jul 6th, 2009 | By Contrarian Profits | Category: Top StoryMathew Goldstein of Reuters broke a major story on Sunday implying just that. While most in the US were celebrating the 4th of July, a Russian immigrant living in New Jersey was being held on federal charges of stealing top-secret computer trading codes from a major New York-based financial institution—that sources say is none other than Goldman Sachs.
Bets on Improving Economy Lifts Wall St Futures
Jun 19th, 2009 | By Contrarian Profits | Category: Financial News, Stock Market InvestingU.S. stock index futures pointed to a higher open on Wall Street on Friday as a recent spate of improving economic data beckoned investors back into equity markets for a second day.
A Turn Around Tuesday
Jun 10th, 2009 | By Chuck Butler | Category: Financial NewsAnother Treasury auction today… Goldman says to buy euros! Oil fuels Commodity Currencies! RBNZ to meet tonight… And Now… Today’s Pfennig!
NY Fed Chairman Stephen Friedman Pockets $1.7 from GS Shares
May 8th, 2009 | By Contrarian Profits | Category: Notes From the Investment UndergroundGuess which investment bank has done the best under the patronage of Team Obama? Hint: It’s the same bank whose former CEO wrote the rules of the $700 billion TARP. The same bank that has had the good fortune of seeing two of its former employees fill the role of the past and current head of the New York Fed.