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Goldmansachs

Threats on the horizon, EU summit & hidden intervention of JapanToday we are talking about a possible demarche by the Irish Democratic Party and, accordingly, the text of the treaty that could be not approved. Therefore, the GBP movement stuck. On the one hand, growth needs to be continued, because on brink of Brexit deal, on the other hand, everyone suddenly realized that the deal still has to be approved by the Parliament of Great Britain. This has already happened with Theresa May so the growth of the pound has stopped so far. Also, a positive sign following the results of today's summit of the European Union may well overshadow the concerns for a while. So today we will continue to buy the pound, but with an eye on the outcome of the summit. Its failure will be a sentence for the pound (at least temporary) and it will be sold out. Another rather unexpected threat was the announcement by China that the country is ready for countermeasures if the US Congress provides legislative support to protesters in Hong Kong. Given the already difficult and still incomplete trade negotiations between the United States and China, this could become a stumbling block in resolving trade wars. In the light of such news and market concerns, today we will continue to look for points for safe-haven assets purchase (gold and the Japanese yen). As for the yen decline this week, Goldman Sachs explains its weaknesses with purchases of foreign assets by the Japanese State Pension Investment Fund (GPIF), which put pressure on its currency. But in general, this is a form of hidden currency interventions. Interventions by the Bank of Japan may provoke the United States to ask the Bank questions, but also it seems like there is no manipulation. Worth noting the weak data on US retail sales (-0.3% with the forecast + 0.3%). The dollar naturally was under pressure. Recall that we remain bears, so today we continue to look for points for dollar sales in the foreign exchange market.
Long
by Trade24Fx
aapl card partnership outpreforms spy?The aapl card is a partnership between aapl to encourage people to use iOS 13's new wallet app and get a credit card backed by goldman with mastercard as the payment handler. iOS 13 goes live on 9/16/19 If you want the aapl card my advice to you is opt out of arbitration: www.cnbc.com MA is looking into blockchain solutions and is actually preforming better vs visa the larger market cap competitor by some metrics. GS preformed well vs other banks in 08 GS also refused trump loans www.wsj.com 'At Goldman Sachs Group Inc., bankers “know better than to pitch” a Trump-related deal, said a former Goldman executive. Goldman officials say there is little overlap between its core investment-banking group and Mr. Trump’s businesses.' AAPL is what I use every day, it's nice and the 11 pro max just announced there are obvious trade war risks right now but I expect spy out performance manage your own risk gl hf
NASDAQ:AAPLLong
by 420snoop
Currency manipulator & Goldman Sachs forecastsAfter China devalued the Yuan on Monday, markets were awaiting a US response. It appeared quickly enough: The U.S. Treasury Department announced late on Monday that it had determined for the first time since 1994 that China was manipulating its currency, knocking the U.S. dollar. Maybe in response to this, or maybe just to show that the fall of the renminbi on Monday is just a power struggle, the People’s Bank of China took steps to stabilize weakness in the yuan. As a result, its fall has stopped and even strengthened somewhat. Although the Yuan against the dollar remained above 7. Investors yesterday were able to take a breath. Haven assets after strong growth on Monday, adjusted on Tuesday. Given that the situation remains tense and uncertain, we continue to recommend the Japanese yen and gold purchases. We also continue to recommend selling the dollar. Against the background of such a development of events, it is more than logical and to expect a further rate cut. Currently, according to the Chicago Mercantile Exchange, 100% of traders expect the Fed rate cut in September. But there is another interesting point. If last week only 1.5% of traders expected a 0.5% decrease, then this week the percentage was already 21.5%, that is, the probability increased sharply - almost 15 times up(!). Thus, we are talking about the reduction of the rates two times in a row. And the dollar is still extremely expensive. So the opportunity for its sales is unique. It’s even strange why the markets cling to their purchases. Goldman Sachs Group Inc. recently published their vision of the current situation in the world. Their forecasts are: the Fed will lower the rate in 2019 at least 3 times, a trade war will continue until 2020, and still Trump is the President we should not count on its end. In general, the vector of development of events has not yet changed. Therefore, our basic trading recommendations are also unchanged. In addition to selling the dollar and buying safe-haven assets, we continue to sell oil and the Russian ruble. We also hold long positions on the pound and those who do not have them have the opportunity to buy at very attractive prices.
by Trade24Fx
GS breakout and bullish structureGS breaks out of a flag, with a gap, and heavy amount of Doji's on the the Heikin Ashi signal that market consolidates on GS. Also, Snap and Micron breakout helped bolster bullish market sentiment for GS. MACD shows consolidation after GS most recent earnings. Heavy consolidation right below 61% fib line and more institutional investors consolidated at 50% shown by the gap to the upside. Not overbought or oversold even after Bollinger band constricted heavily in march. Possibly less volatile for GS ahead after flag breakout. (XLF-orange and KEY-Blue are used for comparison) Bullish structure formed after GS broke out of flag.
NYSE:GSLong
by CrookedTREE_FINTECH
Goldman Sachs Rising Wedge Pattern Below The Resistance LevelAs we can see on the Daily chart the price keep moving to the downside we have a double top with a break confirmation causes a huge drop into 155.0, huge continuation to the upside into the previous low the price touched and reject each times to turns the previous support into a new resistance level with crossing the 200 MA then the price drop again and reject from the 0.50 fib level the price could push higher again into the resistance before drop again as a sign to short we are waiting a breakout confirmation of the lower low of the rising wedge patter
NYSE:GS
by oussamaelgadoum
LIMITLESS Nice trade on bitcoin long that started a week a go. There's a saying that unless the money flows down to the little man on the street there will be blood on the street - I believe it goes back to the Boatman in Greek Mythology where if you don't give him a golden coin you can't pass through. One of the research pieces I did two months a go entailed studying derivative heat maps analysing colour to see how price could be broken down in a more advanced format than just your outdated 1980's trendline tools that you see on here. Energy works by going from a large amplitude to a minute aplitude. Human eyes can't detect the large infra red waves or the high ultra energy waves. Unless you use tools or cameras to see the waves. Try looking for a infra-red wave with a ruler vs using an infra-red camera to detect it. At the end of the day derivatives are derivatives - listening to ideas by systems that can't trade effectively or only apply to one market is not going to work. You need to be thinking how to trade from a quant standpoint - between 2010 and 2020 the second biggest appication AI investmenst were made for was Financial Markets. So I think the price action in Bitcoin will continue to defy expectations. Those thinking that lightning will strike twice and bitcoin will hit 100K are mistaken. JP Morgan have a lightning machine now it's called the short futures contract. 100B short and bang all your money is halved when they short Bitcoin down to the ground. All that is happening at the moment is they are allowing the price to slowly accumulate to make some money for when they short it. Apart from that rant Bitcoin is still a long for now.
BITMEX:BTCUSD.PLong
by GREYFXEMPIRE
1
Goldman Sachs Earnings Pop? Hey guys, quick disclaimer; I am a novice technician but I'm here to learn! I'm playing some $210 call options for Goldman Sachs earnings. Goldman to me, has more upside potential in the financials vs. JPM or BAC. And with the onslaught of IPOs it should be a forgone conclusion their revenue/earnings should be boosted in that environment. The SPY appears to want to make another attempt at all time highs so I've shifted my view to GS for a catchup trade with GS. Feel free to give me your thoughts on the trade or the chart analysis. Thanks! -R
NYSE:GSLong
by StockPickingEnthusiast
Goldman Sachs - Market OverviewThe market keeps a bearish trend. After bouncing from a support zone between 160.00 and 150.00 levels, the price moved upward to SMA100. We can see two attempts for breaking this line, but they were not successful. SMA100 and 200.00 resistance make a barrier for further upward movement, and we should expect for the reversal from this zone. If price bounces from this resistance and drops below the local uptrend line, it will be a signal confirming further falling and continuation of the bearish trend. The breakout can be used for opening short trades with stops above 200.00 and profit targets at 160.00 level. If the price can move above 200.00 level, we will get a trend reversal confirmation and buy opportunity based on this signal. But the upward movement can be limited by the main downtrend line. Breaking above the main trend line will give one more confirmation for the trend reversal. From that moment it will be possible to search for buy opportunities based on breakout and reversal signals. The market will be ready to start a new bullish trend.
NYSE:GS
by DLavrov
2