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Goldmansachs

Goldman Sachs Technical Analysis - HoldTechnical Analysis: Trendline has been violated showing a weakness signal (it might be due to the negative news around this stock). The idea is to hold before going long again. Prices might keep going down up to 180 USD forming a new support level before going up. Fundamental Analysis: Goldman Sachs agrees to $3.9 billion deal with Malaysia to settle criminal probe into 1MDB scandal. Technical Analysis and Fundamental analysis might suggest to hold for now before going long. The idea is to invest in the trend direction, but because the trendline has been violated and the fundamental analysis might impact negatively to the stock, there might be a possibility that price can retrace for a while before going long again.
NYSE:GS
by Mauriello
Distortion & misallocation & wealth transferThe chart says it all. 3 trillion increase in balance sheet in 2 or 3 months... Party will go on as long as the long-term interest rate remains low... Distortion - The massive rally has been partially fueled by $l8 trillion worth of fiscal and central bank stimulus. Short-term lending rate cut to near zero and long-term interest rates dropped to near all time low caused by massive QE. Massive QE has distorted the interest rate so that the cost of capital is kept artificially low to the point that company is justified to undertake many projects that would not yield any productive return under the normal circumstances Evolution of Fed's QE - Treasury/municipal bonds-> corporate bond ETF-> individual corporate bond-> Yield curve control (in potential development)-> Maybe... Individual stocks in the future... Even though Fed's purchase of individual bonds and ETF accounted for just a small percentage of overall bond market, I can't help but wonder why the Fed included lower-medium grade/slightly speculative bonds and bonds issued by financially healthy companies such as AT&T, UnitedHealth Group, and Walmart ?... to name a few. Easy credit has undoubtedly kept some zombie company afloat when it is probably better for them to die off. QE and forward guidance have resulted in high commercial bank deposits. Fortunately, as long as the circulation of velocity remains low and producer can keep up with the demand of good and service, the economy will not overheat. Misallocation of capital - It is no surprise that American household's wealth is increasingly tied to stock market & real estate. As a result, there is a negative correlation between household wealth and interest rate. The increased household consumption that results from the perceived gain in the stock market & real estate driven by low interest rate is the main culprit of chronic trade deficit. Oh yeah, FAANG now collectively accounts for roughly 20% of top stock marketcap... If it does not convince you that stock market is overvalued, just look at the ratio of total market cap over GDP (currently at 147.2%) and Shiller PE which is 13.1% higher than the recent 20-year average of 25.8. Wealth transfer - Pension fund, endowment, mutual fund and hedge fund are having a field day. Maybe just a handful of investment groups are dictating the movement of the market. BlackRock alone has more than 7 trillion of AUM. Goldman Sachs, Bridgewater and few other investment groups also each controls more than hundred billions of asset. It is hard to image that the quick reversal in the market is caused by a bunch of retail investors and traders panic sold in March, then immediately FOMO back into the market only a few weeks later.
TVC:SPXEducation
by Libratus
4
BTCUSD ShortSame as my last post but with more tchnical analysis on graph: If you can look at my horrible chart, you can just about see that a double top is forming. Now you may be like well done you know how to identify what my 11 year old kid can do, but lets look outside of the box. Wall street is yet to open as new york is 5 am, and chicago is 4am, so some of the biggest players are still fast asleep dreaming about something. Now if you have read the news, apparently Goldman Sachs believe that bitcoin is 'not an asset class', thus you would think that with the opening of the market we will see a sell of bitcoin . Furthermore, we can see support has been broken, and that another dump pattern is starting to form. Remember black thursday number one? Well, talking in the chat that is just about to be exactly 10 weeks, so who knows, maybe black thursday two is here; if only we had sales like black friday though.... P.S: Pls do not use this to invest your money, I am just laying the facts. Things can change real quick as many belive BTCUSD to shoot up, so just read more, and try to get to grips with this market.
BITSTAMP:BTCUSD
by VentureBroker
3
Correction Incoming, Can Goldman Pump it After? | BITCOIN ($BTC)💰 Goldman Sachs is hosting a call on Bitcoin. In the past, Goldman interest in Bitcoin has generally correlated with bull markets and periods of general interest in crypto. This isn't to suggest that Goldman being interested is some indication that price has to go straight up or that the top isn't already in, but rather the topic of Bitcoin as a hedge and Goldman's interest both reenforce the current uptrend seen on higher timeframes. Given that, we are ultimately looking for a long setup here. Resources: www.forbes.com + www.coindesk.com + www.independent.co.uk + cointelegraph.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is still showing an uptrend (Aqua bar color) on the 4 hour timeframe despite Bitcoin consolidating within a pennant after being rejected at resistance once again. 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua line color) and/or bullish S/R levels plotted by Directional Bias (Aqua line color). 3. Right now we are looking for a long entry off the range formed by the previous S1 bullish S/R flip at the bottom of the pennant. 4. Our stoploss is placed below the S1 S/R, well below the previous candle closes where we expect to find support. Ultimately the trade here is simple, buy the clear support below and target another test of the resistance at R1. Good luck fam!
BITSTAMP:BTCUSD
by AlphaBotSystem
13
Be ready to sell GOLD after the pullbackHello Traders I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS. Share with more traders like you. Follow me for more. Thanks in advance. Be ready to sell GOLD after the pullback Please support this idea with a LIKE if you find it useful. Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable. Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not Financial Advice.
TVC:GOLDShort
by Daily_Price_Action
2
China is slowing down, the US homes sales are growingYesterday was notable for the fact that for the first time in an epidemic, the number of new cases in China was lower than in the rest of the world. On the one hand, this indicates a reduction in the epidemic in China, and on the other, the continuation of the deterioration of the situation in the world. Since the situation with the epidemic in China is improving quite rapidly, we can begin to summarize its preliminary results. And although it’s too early to talk about specifics, some estimates can be obtained already here and now. These are the so-called early response indicators. For example, Bloomberg calculates 8 early response indicators for China. So 5 out of 8 in February decreased. But this is not the worst. The February indicators of business confidence fell to the lowest values in the history of observations. Business can be understood: the sales of new cars and real estate in China fell by more than 90%. Bloomberg data is also confirmed by a monthly study of the health of small and medium enterprises in China. The results are record low in the history of such studies. As for the more classical metrics, it is expected that China's GDP growth will decline to the lowest levels since 1990. Goldman Sachs, for example, expects China's GDP growth in the first quarter by only 2.5%. A sharp slowdown in the economy is frightening not only by the fact of the slowdown but also by the problems that it carries: rising unemployment, increasing bad debts, increasing bankruptcies, falling financial results of companies, decreasing domestic demand, etc. Speaking of official statistics, the first signals will appear on February 29, when the February PMI for China will be published. As expected, it will fall to the lowest levels since the global financial crisis (while some experts predict even lower values). Yesterday's data on sales of new homes in the USA looked rather provocative against this background: in January they grew by +7.9% to 764,000 with a forecast of +3.5% to 718,000. However, we will see what will happen there in February, especially in light of the Center’s warning the United States Disease Control and Prevention Regarding the threat of a possible spread of the virus throughout the United States. In general, the situation continues to be tense and for any positive, whether it is a decrease in the number of patients or the development of a vaccine, there is a negative right there (problems in the economy of China and the world, the spread of the epidemic, sales on stock markets, etc.). Accordingly, we do not see any reason to radically change anything in the trading plan. So today we are looking for points for buying gold (but we are careful - we buy on the slopes with mandatory stops), we sell oil, we sell EURUSD, we buy GBPUSD, we sell USDJPY with small stops.
Short
by Trade24Fx
The week results: the epidemic swing, the yen statusThe coronavirus epidemic continued to be the main focus of financial markets last week. And if the week began with a rather optimistic attitude of investors against the background of a decrease in the number of new cases of disease and deaths, then it ended on a very minor note: the epidemic spread to South Korea and Japan. In addition, analysts after the warning increasingly began to think about the consequences of the epidemic and quarantine in China (Goldman Sachs estimates that economic activity in China does not exceed 50%). And the longer restrictive measures last, the worse the mood of investors. They can be understood: dozens, if not hundreds of millions of Chinese, temporarily do not work and lead an exclusively isolated lifestyle. As a result, production does not work at full capacity, the transport system is partially paralyzed, consumption has fallen sharply, the clouds over global supply chains are gathering more and more with each day of downtime. That is, an economic epidemic is beginning, which could very well become a global pandemic. Not surprisingly, against this background, gold is updating the highest mark since the beginning of 2013 and continues to confidently move to the 1800 area. The current week in terms of the epidemic is likely to change its focus. If before that all attention was focused on China, and the whole epidemic was geographically localized. Then this week, investors will focus not so much on China as on other countries where the number of diseases has risen sharply: Japan, South Korea (last week the number of cases doubled almost every day), Italy and Iran. Judging by the current dynamics, it is likely that the reserve of bad news has not yet been exhausted. As a result, the stock markets finally broke down and rained down. It will be difficult to say whether the current sales will become the beginning of a full correction, but there are all the prerequisites for this. Another injured last week was the Japanese yen. After the failed data on GDP growth rates in the 4th quarter, everyone realized that the third-largest economy in the world is one step away from the recession. As a result, the status of the yen as a safe-haven asset is damaged. However, we will not write off the yen from the accounts and will sell it within the day simply because the pair climbed very high (with mandatory small stops because we are reporting that we are going against the will of the market). Europe has traditionally already disappointed in terms of macroeconomic statistics and the general state of affairs, especially in Germany. Accordingly, the talk of a global recession against the backdrop of the problems of Japan and the Eurozone no longer seems fabrications and conspiracy theories. For fairness, we note that on Friday the data on business activity indexes in the Eurozone came out better than forecasts at the highest levels for the last 6 months, but so far this is only a drop of positive in a sea of negativity. In the UK, production growth generally showed a 10-year high, which allowed the pound to perk up and work out our recommendation on its purchases. As for macroeconomic statistics this week, the week promises to be quite calm. So you can focus all your attention on the news about the epidemic and expert estimates of the extent of damage both for China and the world as a whole. Our basic positions for the current week are as follows: we are looking for points for buying gold (but given the strong oversoldness of the asset, we are doing this conservatively and with mandatory stops), we sell oil, we sell EURUSD, we buy GBPUSD, we sell USDJPY above 112 with short-stops.
by Trade24Fx