Friday, September 25, 2009

Keep an Eye on Goldman for Signals of the Market Break

CNBC is pointing out that traders are closely watching action in Goldman Sachs. The stock broke below $180, after making a 52-week high earlier in the week at $188. It's back over 180, but should be watched closely. The market was led higher by Goldman, thanks to government money infusions, now that those have slowed, the market will likely head lower with Goldman in the lead.

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