Just another Triple Digit Swing in the Dow Jones

Dow Jones Triple Digit Swings

Its becoming far too normal and suddenly, a typical trading day watches the Dow Jones swing 100+ points in either direction on a moments notice. Trading in 2009 is nothing more than volatile gambling where the NYSE and NASDAQ have been replaced by roulette and craps tables.

Citi and BofA Up thanks to Goldman

Bank of America Bullish Case (NYSE:BAC)

Goldman Sachs (NYSE:GS) went to bat today for large U.S. Banks, their report showed service industries returned to growth after 11 months of contraction.  Wells Fargo (NYSE:WFC) is the big winner up 6%, but holding its own this morning are Bank of America (NYSE:BAC) and Citigroup (NYSE:C) both up nearly 3%.

Goldman will Cash in if CIT goes Chapter 11

Goldman Sachs Evil (NYSE:GS)

Goldman Sachs Group Inc. (NYSE:GS) could rake in $1 billion if CIT Group Inc. (NYSE:CIT) goes belly up, care to place a wager?

Goldman and Citi going to Bat for E*TRADE

E*TRADE (NASDAQ:ETFC)

Despite the massive short interest in E*TRADE (NASDAQ:ETFC), Goldman Sachs (NYSE:GS) gave E*TRADE a new 'Buy' rating today.  It appears Goldman is following suit after Citigroup (NYSE:C) raised its target price on ETFC shares 53% on Monday.  Dare to trade against E*TRADE?  More importantly, dare to bet against Goldman?

Finally GE Shares Stay Above $15

General Electric (NYSE:GE) Classic Logo

General Electric (NYSE:GE) shares are trading above $15 for the second day, today GE's stock is up 2.4% to $15.71 it appears shares have finally hit a new resistance point.

Paulson Makes a Statement About Citigroup

Citigroup Inc. (NYSE:C)

Sometimes a good investment strategy is to follow the actions of the financial greats, such as Warren Buffet and Peter Lynch.  Maybe not quite as popular as those two, but still has made a name for himself is John Paulson, a hedge fund manager

Is Goldman's Selective Trading Disclosure A Legal Way For Preferred Clients To Front Run The Market?

Goldman Sachs Evil (NYSE:GS)

Goldman Sachs Group Inc. (NYSE:GS) research analyst Marc Irizarry's published rating on mutual-fund manager Janus Capital Group Inc. was a lackluster "neutral" in early April 2008. But at an internal meeting that month, the analyst told dozens of Goldman's traders the stock was likely to head higher, company documents show. The next day, research-department employees at Goldman called about 50 favored clients of the big securities firm with the same tip, including hedge-fund companies Citadel Investment Group and SAC Capital Advisors, the documents indicate. Readers of Mr. Irizarry's research didn't find out he was bullish until his written report was issued six days later, after Janus shares had jumped 5.8%.

Goldman Sachs Spent $630,000 on Lobbying in Q2 09

Goldman Sachs Evil (NYSE:GS)

God Bless America, more like the American Taxpayer.  Goldman Sachs (NYSE:GS) despite owing $10 billion in TARP funds managed to pay out $630,000 on lobbying in the second quarter.  In Goldman Sachs We Trust.

JPMorgan Auction Not as Transparent as It Seems

JP Morgan

JPMorgan Chase & Co. (NYSE:JPM) Since the downfall of Lehman Brothers, many of the biggest Wall Street banks have moved in lock step with one another, as if to assume there is safety in numbers. Everyone took the bailout money at the same time (not that they had much choice), and now

Starwood Hotels Gets a Big Upgrade

Starwood Hotels & Resorts Worldwide, Inc  (NYSE:HOT)

Starwood Hotels & Resorts Worldwide, Inc  (NYSE:HOT) received a "Conviction Buy List" rating from the one and only Goldman Sachs (NYSE:GS) and Goldman raised their share price target to $35 from $29.   As we all know, what Goldman wants, Goldman Gets

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