Anyone else notice the relative weakness in Goldman stock?

Discussion in 'Stocks' started by TheDudeofLife, Jun 28, 2011.

  1. It is breaking its 52 week low as I type this.

    It is down on a day that SP is up 11 points.

    Doesn't look too good.

    There doesn't look to be much chart support below this level.

    Keep an eye on this one.
  2. Yes, something to be aware of, but for now the betadogs are in control. I don't believe SPX can take out 1290 resistance, and QE 2 is ending this Thursday. I think it's a trip back down to test 1260 for another, weaker dead cat bounce.
  3. New 52 week low today. SP is trading up 12 points
  4. Relative to the XLF it is approaching its 2008 close.