Next Trades...

A positive GS earnings announcement will cause a broader bounce in the financials, in particular those in the capital markets arenas. While JP Morgan is much broader, I think they will benefit, especially with the markets salivating over their earnings announcement later this week. JPM is up $0.05 today @ $32.80.

The risk with GS currently is that there are expectations that they will price a secondary (equity) offering with earnings which will dilute existing shares. I don't want to take the risk and will sell before then.