JPM Downgrades Goldman From Overweight To Neutral, Makes Morgan Stanley Top Pick

Tyler Durden's picture

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Cognitive Dissonance's picture

Is this the flush signal or the manic buy more of everything signal?

Dr. Engali's picture

Buy more. This market has a one way ticket up. Hell it doesn't even allow pullbacks any more.

asteroids's picture

I was expecting this. The FED has sent a signal. JPM is the messenger. The Greenspan/Bernank Put is done. It's every man for himself. The banks after screwing everyone else will now look to screw each other. The first one of these monsters to dump everything and go short will win.

Careless Whisper's picture

Overall, it is difficult to argue against GS business model today and employee talent pool.

"business model", puuhleeeze, don't get me started.

 

firstdivision's picture

Let the downgrade circle jerk begin.

10044's picture

The Gambinos now prefer to "conduct busieness" with the Bonnanos instead if the Rossinos

Star Warrior's picture

Pot calling the kettle............

onlymyopinion's picture

My FAS seemed to get a woody on this news.  And to think she was only a teenager when I fell in love with her last August. 

DisparityFlux's picture

But... The Goldmans has a Facebook presence and is liked by Velichko Yanchev, who likes Barack Obama and Nirvana.

http://www.facebook.com/pages/Goldman-Sachs/6023516099

The personal information network mining by marketing companies is going to generate some obscene amounts of credit and debt.

Charlie_Day's picture

My question is when is Wikileaks finally gonna release the BAC data? I'm getting killed on my shorts in this so called "market".