Goldman Sachs' Quarter Was Too Darn Strong Not to Send Stock Exploding
Goldman Sachs (GS) - Get Goldman Sachs Group Inc. (The) Report blew Wall Street profit forecasts away on Tuesday. Yet, the stock reacted negatively -- continuing a theme of negative reactions to strong earnings reports this season.
Bottom line: Action Alerts PLUS holding Goldman crushed it. The stock deserves more love off the results.
Netflix (NFLX) - Get Netflix Inc. Report earnings were a colossal letdown across the board. For many traders of red-hot FANG (Facebook (FB) - Get Meta Platforms Inc. Report , Amazon (AMZN) - Get Amazon.com Inc. Report , Netflix (NFLX) - Get Netflix Inc. Report , Alphabet (GOOGL) - Get Alphabet Inc. Report ) stocks, results from Netflix should lead to one questioning exposure to the space. Amazon looks to have had a solid Prime Day, even with the site being down for a bit. That's bad news for retailers this holiday season.
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