Goldman Sachs Earning Big Bucks! Is It Better Than My Bulls Days?

I'm Back... In the Financial Game?

Alright alright settle down. I know what you're thinking: MJ talking about Goldman Sachs? What's next me endorsing a putter? But hey even the greatest needs to know what's happening in the world and this Goldman news is… well it's something. They’re saying they beat expectations raking in $14.12 a share. Not bad but let's see if they can handle the pressure of a Game 7 situation.

Show Me the Money (and the Jump Shot)

Fifteen point oh six BILLION in revenue huh? That's Jordan numbers folks. A 6% climb they say. Not quite the gravity defying moves I used to pull on the court but I'll give 'em credit they're moving in the right direction. 'Rising trading revenue offset a slight decline,' they say. Classic teamwork cover each other's weaknesses. I always told Scottie 'If you're having an off night pass the ball!' Seems Goldman got the memo.

Equity Trading: Their Flu Game?

A 27% rise in equity trading? That's like hitting six three pointers in the Finals! $4.19 billion baby! They’re $540 million above expectations! This is their ‘flu game’ performance the one where they dug deep and surprised everyone. But can they keep it up? Or will they fade like the competition when I was on the court?

The Fine Print (aka the Defense)

Okay okay not everything's perfect. Fixed income only up 2%? Investment banking fees down 8%? That’s like missing free throws in a tight game. You gotta tighten up the defense! They're blaming Trump's 'escalation of trade tensions.' Hey everyone's got excuses. But winners find a way. I didn't blame the refs I just dunked harder!

Solomon Speaks (Is He Phil Jackson?)

Goldman CEO David Solomon is 'confident in their ability to support clients.' Sounds like coach speak. Is he their Phil Jackson? He's gotta keep the team focused. A 3% drop in asset and wealth management and platform solutions? Time for a pep talk a timeout and maybe a new strategy. ‘Second quarter with a markedly different operating environment’ he says. Well that’s when the real ballers step up their game.

So Are They Champions?

Shares up 1.8% premarket? The market's feeling the hype! But remember I dropped 14% this year. This is just the first quarter folks. They gotta prove they can handle the full season. JPMorgan and Morgan Stanley are also 'booming.' Time to lace up those sneakers Goldman because the competition is fierce. You wanna be the best you gotta beat the best. Now if you'll excuse me I've got a golf game to dominate. Jordan out!