iPath S&P GSCI Crude Oil Total Return ETN (NYSE:OIL) v. Goldman Sachs (NYSE:GS)
Chart after the jump.
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
too odd, didn’t read
Goldman was one of the most bullish on the Street on crude until they cut their forecasts last Wed. So that makes this funny, but a funny coincidence
Hedges shorting financial sector by bidding up oil?
That correlation has been there all year.
If you turn the chart both numbers go up
Has anyone see ever seen a Jenna Jamieson porn video?
If you turn the chart sideways, it looks like a DNA helix!
BUY BIOTECH!
Chart looks like Chicago skyline.
Buy soybean futures.
I can’t wait to get car loan from Goldman. Hahahahaha.
#5, yeah, why?
Stick a fork in ‘em.
Based on a court order effective September 19, 2008, the Securities Investor Protection Corporation (SIPC) has been appointed to assist in performing the orderly liquidation of Lehman Brothers, Inc. (Lehman), National Securities Clearing Corporation [NSCC] Member No. 0074; Additional Numbers 0055, 0036, and 6750.
Effective today, September 22, 2008, the Fixed Income Clearing Corporation (FICC) has announced that there will be no trading by Lehman. NSCC will not be accepting any trade input; therefore there is no trading with respect to Lehman accounts.
Please refer to the attached links for the NSCC Notice and FICC Notice released today regarding this subject. Pershing will communicate any additional information that we may receive to your firm.
I really, seriously long for the days when the morons hung out on google/yahoo.
Can’t you just go back there? Can’t you? Please? For all our sakes? You’re not happy here. You can’t be. We talk over your heads, you make stupid jokes. It’s like when you were trying to hang out with the big kids but you knew you wouldn’t be accepted, because, well, you were just too young/stupid.
@11 why don’t you stop whining and start making ‘smart comments’ to drown out all these ‘stupid jokes’?
Now that Goldman is a bank, has anyone gone into the lobby at 85 Broad and asked to open a checking account or for a 2009 calendar?
Today’s oil jump was short covering rally. However, now we can’t say that GS is going to have a short covering rally in a long while. Ha!
how fast can we print money so I can afford a gallon of gas? I think I will bring my Black Gold American Express to the pump next time.
@11
How about instead of complaining, you make your OWN site that sells subscriptions for $1000 per year, only PhDs working as an MD or higher at a bulge bracket need apply. Would that satisfy your pathetic need for internet exclusivity?
Do you really need your internet to compensate for your micropenis?
I was seriously thinking of emailing some friends there to ask about opening an account.
It just seems the wounds are too fresh. I can’t wait for my GS checkcard though!
@11
what kind of comment did you expect from this chart? something meaningful?
grow up
@13
I hear Morgan Stanley’s toasters are going to be Panasonic. GS can’t match that.
Goldman needs to give away LCD TVs with its checking accounts as a point of differentiation.
@11, how’s the stench in Jersey City today?
@11, how’s the stench in Jersey City today?
@6 It’s called a DNA DOUBLE helix.
SHORT #6!
I can has yur assets?
http://tinyurl.com/3p4jo6
@ 23
Dammit! I was trying to create market rumors about myself to temporarily drive up the price. I was then going to take a short position in MYSELF (the ultimate hedge) and start leaking rumors about the weakness of oru science division to create a mass panic about future profitability.
Thanks for screwing it up!
is the rumour true that as first year analysts we will have to work at retail branches?
is the rumor true that as first year analysts we will have to work at retail branches?
is the rumor true that as first year analysts we will have to work at retail branches?
you don’t need to post it three times!!! yes apparently true – all first year analysts to work as tellers.
not true – apparantly that is only a rumor at GS and MS – all the others already have their own tellers
@25 – Cox already has you on the restricted list.
would anyone seriously be stupid enough to think that analysts would be forced to take jobs as tellers at GS?
@27: Please tell me you are not going to be an analyst. If you are, let me know which firm hires you so I can ignore their research from now on.
@32
Ha. you read research.
I call shenanigans. EP, you can’t make a valid inference off a single day’s chart unless you’re a day trader.
I hope your daddy makes enough money to subsidize your stupidity Equity Private.
Financials and the overall market fell due to concerns over the bailout not working. In turn people bought hard assets (gold and oil). I bet you find the same ‘seemingly odd’ correlation if you plot the DOW against Gold.
Go back to Econ101 and quit writing for dealbreaker until you can find your head from your ass.
Mitt Romney is spinning so much on Kudlow, I’m surprised he hasn’t fallen of the machine.
B1zyPh Thanks for the blog article.Really thank you! Really Great.
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