The

financial services

industry closed the day up 1.4%.

Stream Global Services Inc

(

SGS

),

Global Cash Access Holdings Inc

(

GCA

),

Ladenburg Thalman Financial Services Inc

(

LTS

), and

Fortress Investment Group

(

FIG

) were all winners today within the financial services industry with

Goldman Sachs Group Inc

(

GS

) being today's featured financial services winner. Goldman Sachs Group Inc rose $5.89 (5.9%) to $106.33 on average volume. Throughout the day, 11.7 million shares of Goldman Sachs Group Inc exchanged hands as compared to its average daily volume of 8.8 million shares.

The Goldman Sachs Group, Inc., together with its subsidiaries, provides investment banking, securities, and investment management services to corporations, financial institutions, governments, and high-net-worth individuals worldwide. Goldman Sachs Group Inc has a market cap of $52.6 billion and is part of the

financial

sector. The company has a P/E ratio of 16, below the average financial services industry P/E ratio of 16.3 and below the S&P 500 P/E ratio of 17.7. Shares are down 40.3% year to date as of the close of trading on Tuesday.

TheStreet Ratings rates The Goldman Sachs Group as a

hold

. The company's strongest point has been its very decent return on equity which we feel should persist. At the same time, however, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income.

On the negative front,

Merriman Holdings Inc

(

MERR

),

Ameritrans Capital Corporation

(

AMTC

),

MF Global Holdings

(

MF

), and

China Direct Industries Inc

(

CDII

) were all losers within the financial services industry with

KKR Financial Corporation

(

KFN

) being today's financial services industry Loser Spotlight stock.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider

Financial Select Sector SPDR

(

XLF

) while those bearish on the financial services industry could consider

Proshares Short Financials

(

SEF

).

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