The numbers are incredible.  Goldman Sachs just revealed in an SEC filing that its traders made money on every single
trading day last quarter, a record for the firm. Net revenue for
trading was $25 million or higher in all of the first quarter’s 63
trading days with 35 of those days bringing in more $100 million. 

Even if you had a 95% likelihood of a winning day, you would have
only a 3.9% chance of doing it 63 trading sessions in a row. 

Does a Perfect Trading Quarter Score One for the Rigged-Market Theory?

Whatever the cause of the perfect quarter, it comes as part of a
pattern. Goldman Sachs only recorded 11 loss days in the prior 12 months. So while some luck is
involved in stringing together a perfect Quarter, the trend of success does not seem to be a fluke.

It gets more curious, because it wasn't just Goldman.  Bank of America, Citigroup, and JPMorgan each also recorded a perfect quarter of trading profits.  What are the odds of that happening?  Apparently, pretty high under their current operating conditions.

When the government is on a mission, you may not like the policies … but as an investor, you fight it at your peril. More simply put, don't fight the Fed. 

It looks like the Banks figured that out. 

Goldman figured it out sooner.

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