It’s all about Goldman
Markets are firmly fixed on what Goldman has to say about its second quarter results at 8:30 am. For those wanting a quick link to conference call info that starts at 11am, they can find it here. Meredith Whitney’s buy recommendation Monday has certainly built in expectations for a bumper quarter.
Blogger Macroman on the whisper number:
A few banks are now suggesting that the whisper number is as high as $5/share, and that anything less than that will disappoint. But given the break back above the old head and shoulders neckline, Macro Man wouldn’t be totally shocked to see the market rally on a $4 print. (Consensus is ostensibly $3.65)
We’ll be live blogging the conference call from here.