This year, we have seen some remarkable moves in stock markets. These bullish trends have been apparent in most industry sectors - and some of the greatest beneficiaries of all the optimism have been seen in the finance and banking sectors. One name that has not participated in these rallies, however, is Goldman Sachs (NYSE:GS) as the stock is trading lower by -7.5% year-to-date. This negative performance is still in place despite the rallies seen after improved earnings results, which showed that the company was able to beat analysts' earnings estimates in some areas by a rather large margin. These rallies have already proved to be short-lived, however, as the headline numbers do little to alleviate many of the underlying concerns in several important businesses at Goldman Sachs. For these reasons, investors will encounter limited risk when selling GS at current levels in anticipation of a downside break back through 200.
Sell Goldman Sachs Now
7/31/17
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