Goldman Sachs Moving Higher Today (GS)

Shares of Goldman Sachs GS are moving higher today despite the tough tape. GS has been a stock that many traders have been keying on in intra-day trading. The fact that Goldman (GS) is positive on a day when the broader indices are lower may foreshadow a late day rally. On the other hand, if Goldman rolls over look for the indices to head lower. The stock has gained 0.67% to $148.04. Year-to-date, GS has fallen 12.3% as the Wall Street firm was rocked by fraud charges brought by the SEC. One thing that many traders agree upon is that it is going to be almost impossible for the S&P to move significantly higher without strength in the financial sector.