Zeev's Turnips Patch-No Politics (ZEEV)

[marketmaven]

Zeev- you're really good, but Goldman clients have been selling into the January pump. An Creamer continues to bolster his clown credentials..

RealCommentary from TheStreet.com
Goldman's Semi Downgrade Is About the Fed
Tuesday February 3, 9:50 am ET
By James J. Cramer, RealMoney Columnist

The much-telegraphed Goldman Sachs downgrade of semiconductor equipment stocks seems to be part of a pattern that makes sense only if you believe the Fed is about to ruin this market with four 50-basis-point hikes by election time. I say this because when you consider that Goldman also downgraded General Motors (NYSE:GM - News) last week, you see that what the firm is saying is "Get defensive." Of course, this is hilarious, given that Goldman's economists are saying -- or perhaps more accurately, were saying -- that there were no tightenings imminent.