Goldman Sachs Group Inc.(NYSE:GS) is trading lower this morning in the pre-market as a board member has agreed to testify in an insider trading case. Goldman Sachs stock will have intra-day support around the $161.50 area.
Morgan Stanley(NYSE:MS) seems to be trading slightly lower by 0.20 cents to $29.10 a share. MS stock seems to be declining in sympathy to Goldman Sachs stock this morning. Often when the leading stock in a sector declines other stocks in the group will follow it. Morgan Stanley stock will have intra-day support around the $28.70 area.
Nicholas Santiago
InTheMoneyStocks.com
