GSCO - Weekly / Goldman Sachs Per usual, GSCO pays out Executives at the HIghest rate in history
and promptly implodes $63 from its recent November Highs.
November - the chosen month for ALL Highs in Equity.
_________________________________________________________
$3.8bn, or $10.81 per share, compared with $4.36bn, or $12.08 per share
YOY.
Bonuses up 31% year on year in the fourth quarter @ $3.2bn,
Annual salary expenses were up 33% @ $17.7bn in 2021.
Wage Inflation...
Traders at Goldman had a stellar year.
Management missed out on Floating Tennis Ball XMAS this Year.
Goldmansachs
Goldman Sachs Long over $400#GS
Banks been strong running off interest rate news from Feds. Saw a cool off mid week and sideways action ending friday. GS best level for calls is 400. This has been a trade over and over here. 405, 412 targets on calls. Puts can work below 389 but keep in mind 386 is a strong support as well. Id wait to close below this level before going short here.
LONG GS: INFLATION/ FED HIKE CYCLE/ 6X PE/ -10% CORRECTION ZONELong GS @383
TP: 600+
SL: N/A
GS at -10% correction lvl. Only trading 6x 12ttm and forward earnings. fed hikes/ inflation/ increasing rates good for banks especially as GS ramps up retail exposure/ loans.
Also if u look at last 2 years GS has bounced off of the -10% lvl every time.
10/17/21 GSGoldman Sachs Group, Inc. ( NYSE:GS )
Sector: Finance (Investment Banks/Brokers)
Current Price: $406.07
Breakout price trigger: $405.00(hold above)
Buy Zone (Top/Bottom Range): $396.75-$379.00
Price Target: $419.30-$421.60 (1st), $465.00-$467.40 (2nd)
Estimated Duration to Target: 19-21d (1st), 123-130d (2nd)
Contract of Interest: $GS 11/19/21 410c, $GS 1/21/22 430c
Trade price as of publish date: $9.70/cnt, $10.27/cnt
Copper - Just the BeginningCopper futures broke out of their wedge this week, with per tonne prices breaking the $10,000 milestone. Names such as Freeport-McMoran (FCX) are benefitting from this, while TRQ is on discount due to. setback in their mining process. Despite Fed tapering, copper is strong, surprisingly. I believe that now is the time to get in "The New Oil", as stated by Goldman Sachs, who gives the commodity a 50% upside before 2025. If copper moving 10% has resulted in Freeport going from $30 to $39, think of what will happen if Goldman and the rest of the Street is right...
Thesis:
Goldman Sachs recently published a note declaring copper "the new oil," and forecasting it could reach $15,000 (50% inc.) by 2025 as the world transitions to clean energy.
As the movement to sustainability/clean energy progresses, the exponential increase in demand for copper will outrun supply due to slow mine creation, centralized property rights.
Although it may take a few years and experience some drawdown, depleted inventories and a demand spike will likely cause the price to rise significantly over the next decade, with Bank of America suggesting a possible 100% increase to $20,000 per metric ton by 2025.
Overall sentiment on the Street is extremely bullish in the mid-to-long-term.
Goldman Sachs | Detailed Fundamental Analysis Investment banking behemoth Goldman Sachs recently announced its intention to acquire GreenSky, a sales and "buy-now-pay-later" fintech company, in an all-stock deal worth about $2.2 billion. GreenSky is a major intermediary for home improvement loans and planned transactions, and allows customers to make purchases and repay them in multiple payments over some time.
GreenSky currently serves a $9 billion loan portfolio and has served about 4 million consumers with about $30 billion in loans since launch. Here are three reasons why Goldman is entering the "buy-now-pay-later" realm and acquiring GreenSky.
First, to help continue Marcus' growth.
Over the past several years, GS has been looking to grow its franchise in consumer lending to generate more stable revenues that can be volatile in investment banking. An important part of that strategy was the bank's launch of its digital bank, Marcus, which offers high-yield savings accounts, loans, and credit cards, and eventually plans to offer checking accounts as well.
GreenSky will help Marcus expand its offering of credit products, but apart from that, it will help the bank increase its overall user base. Marcus currently has about 8 million customers.
GreenSky provides a low-cost strategy for acquiring not only more customers who will take high-profit loans, but also customers who can be cross-sold other Marcus products - whether it's a savings or checking account or perhaps a mortgage.
In a presentation on the acquisition, Goldman said GreenSky represents an opportunity to capture the $430 billion home repair market, which provides 20% plus returns at scale.
GreenSky has also created a network of more than 10,000 salespeople with whom it works to transact and engage customers at the point of sale. This segment could also be valuable in the future. Goldman already offers many capital markets and investment banking products that it could sell to these customers.
And who knows, maybe at some point the bank will expand its consumer franchise into business banking. Of course, this is not projected or anticipated, but this segment could be a great starting point if Goldman ever decides to do so.
Second, it would help improve the bank's stability.
Most fintech companies tend to struggle to generate the profitability and returns that shareholders want because they are acting as a bank without being a licensed bank. Not being a bank has its advantages, most notably less regulatory oversight, which allows these fast-moving technology companies to be more nimble and acquire customers in a much more efficient way than a traditional bank.
But the disadvantage is that fintechs cannot collect cheap deposits to finance loans and therefore have to count on partner banks and warehouse space, which increases the cost of financing. GreenSky also relies on partner banks for its loans, which probably costs them as well.
With the backing of a major bank like Goldman, GreenSky won't have to worry as much about the financing aspect, especially if Marcus proves successful in collecting deposits. The bank will also probably be able -- if it wants to -- to put these high-interest loans on its balance sheet and collect regular monthly interest payments.
This is more profitable than selling loans for fees, on which GreenSky earns most of its income. Goldman will also be able to offer GreenSky more resources to improve its technology platform.
Well, third, it's a pretty good purchase price.
Goldman's $2.2 billion offer sent GreenSky's stock soaring more than 50 percent, but the purchase price is not such a crazy valuation for a somewhat promising fintech company operating on a "buy-now-pay-later" basis, a sector that is now attracting a lot of investor interest. On a prospective basis and after the Goldman announcement, GreenSky currently trades at 3.8 to sales, 20 to earnings, and 14.3 to earnings before interest, taxes, depreciation, and amortization (EBITDA).
As Marcus and the consumer banking franchise seem to be on the right track, this Goldman deal is to everyone's liking. It offers the consumer banking business a whole new customer base with a low acquisition rate to which it can hopefully cross-sell its other consumer banking products. In addition, the price Goldman is paying is reasonable, given how large the bank is and how the bank's stability should make GreenSky's operations more efficient and profitable.
GS Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
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NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
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HADIMOZAYAN
Complete Market Cycle x BTC Part 9 Possibly the most prolific take on the future of the coin given the current, controversial period of its existence. Here we see a complete market cycle based on the Elliott Wave theory. The layout is limited to primary and intermediate waves only with exception to the emphasis placed on the leading diagonal pattern. The motive VS correctional distinction is also highlighted with 5 intermediate motive waves as well as 3 intermediate correctional waves. The price right now resides in a symmetrical triangle biased to a reversal with a possible false breakout - nothing further than 28k. Thus I strongly believe the 3rd wave of the primary cycle shall follow, taking Bitcoin to new highs and to the moon !
$FSR Goldmans Sachs Releases Bias To Save Trade Desk! UPDATE! $FSR Goldman can sack it, they released a sell rating this morning to 10 citing overcrowding and unrealistic Q4 Targets. This is flat out wrong. Hoping to a see this gap filled in spite of them as there are more buy ratings than sell. Most in the $30s and $40s.
$GS Before earningsGS has put in a larger wave 1, 2 o the daily timeframe, and it seems that this near term pullback that we've experienced could be a wave 3 to 4, looking to break higher in the following days. Indicators show and upwards trend, ready to test those highs again. The only bearish divergence is the conversion wave on the Ichimoku indicator, crossing lower over the last few days. Whether this is a corrective wave or not, due to the recent low on the daily chart, we are still prime to correct to a wave around the .382 or .236 fib levels. If we break higher, then my target of 370.35 is still on target. This is all dependent on ER coming up this week.