Goldman (GS) Can't Get Out of its Own Way

While there probably aren't a lot of people shedding tears over it, the stock of Goldman Sachs (GS) can't seem to get out of its own way.  We've highlighted the relative weakness in this stock several times over the last few weeks, so this shouldn't come as any surprise, but GS is now on pace to close at its lowest levels since early November.  Politicians in Washington and conspiracy theorists may be rejoicing in Goldman's misery, but if there's one thing Goldman employees can be thankful for it is that with the stock lagging the overall market, the intensity of public backlash directed towards the company seems to have abated.  Next thing you know, the conspiracy theorists will claim that 'evil' Goldman is purposely making their stock weak just so they can buy back the stock at lower prices.

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