Goldmansachs
Wait for Long Put "GS"In terms of valuation compared to itself,
the stock price is in the expensive zone and
the yield is quite low.
In terms of Technical, the price goes near last peak.
As an option trader, it is very interesting to look for Long put "GS" opportunity.
GS (Goldman Sachs) Short IdeaShort Goldman Sachs!
Overbought AF!
RSI overbought too
88.6 Fib level on the daily/Weekly
Gaps up in the markets that are potentially going to get filled. Just look at Google before and after $800
CITI BANK BARELY SURVIVING AFTER 2008CITI BANK IS ALSO A SHORT CANDIDATE FOR BANKRUPTCY. DON'T KEEPA NY HOPE AND IF YOU ARE BANKING WITH THEM CLOSE THE ACCOUNTS.
MORGAN STANLEY going to file BANKRUPTCY by 2021In 200 it peaked then in 2007 it peaked again and now in 2015 it peaked. But all the time it went high it made lower lows in historical prices trend. The support is near $10-$10 but when it penetrates guess what? -all the hell will break loose. There are couple of ways to stop it. Stock reverse split, bail out or short ban or buy out. But the problem is when other financial institutions are struggling their own who want to buy MS ? Due to their corrupt accounting system we can't even get the real values of the junk assets they are holding. may be only few pennies on the dollar. The other options also will not work out in long term. Think by 2012 it will be vanish their foot print from earth.
GS (Goldman Sachs) following up Stock up 10 $ as wave 5 as I mentioned last time. Currently stock is overbought and could see decline to 156 $ or around as correction wave. Other option is to break the resistance and continue to higher price. Coming days will approve one of options.
Goldman Sachs – Multiple bearish patterns on daily chartDaily chart shows –
Breach of rising trend line
Bearish price RSI divergence
Money flow index turning lower from overbought territory
Prices could test long-term falling trend line support (earlier resistance) now seen at 162.50 levels. A daily close below the same would confirm trend reversal and open doors for a drop to 50-DMA.
On the higher side, only a day end close above 168.90 (Apr 21 high) would signal continuation of the rally from June 27 low.
GS.. one more advanceAccording to Elliott wave count, GS is about to advance one last time as wave V to complete the correction wave. As option trader I think there is opportunity to buy some calls when price close above trendline, and SL is near the latest valley. Target is 168$. Good luck. Remember, this is short term position and the target could be reached in few days or hours.
DXY/ USD: FOMC - GS 65% 2016 RATE HIKE; RABO ONE 2016 RATE HIKEGoldman Sachs on July FOMC Decision :
- The run of positive economic news in recent weeks has coincided with generally dovish comments from Fed offcials. Policymakers have indicated that they are not âbehind the curveâ, and have expressed increased uncertainty about the neutral level of interest rates. We would treat recent comments with caution, however, as we have not heard formal remarks from the Fed''s leadership.
- Taken together, we see recent economic data and the public comments from Fed ofï¬cials as consistent with only modest changes to the FOMC statement. We think the committee will upgrade its discussion of the labour market and measures of inï¬ation expectations, but change little else. The period between the July and September meetings will include a number of important data releases as well as the annual Jackson Hole conference. Therefore, policymakers will have an incentive to keep their options open, and plenty of opportunities to guide market expectations, should they need to.
- We continue to see a 25% chance that the committee will raise the funds rate in September and a 40% chance that it will do so in December - implying a roughly two thirds probability of at least one rate increase this year.
RaboBank on July FOMC Decision:
-While the Fed is in a wait-and-see mode to assess the threats to the global outlook and the strength of domestic momentum, recent US data have boosted the Fed;s confidence. We expect the Fed to squeeze in one rate hike before the end of the year, most likely in December.
Become a Goldman!!!!!Time to watch for Goldman Sachs. Trend line from 2009 is a very strong resistance. But guess what? Once the trend line has been breached you are the new Goldman if you know how to play. Get ready for some good options strategy. I would like to see little bit new high/high before go short. Also this is a monthly chart so better to see how the daily chart or weekly is developing. In upcoming months it will an A list to watch for short.
SPY IN NEW BEAR MARKET DATAEVEN THOUGH I AM LONG Currently, BUT MY MONTHLY CHART IS SLUGGISH, WEEKLY IS STRONG still but some weakness there. So for some one who lost $100k in 08/09 and has been watching market for about 2 decades; "time to warn". I do my own analysis and manage my own money. Those are the lines and suggestion for key resistance level to see if new bear market comes after few months of the election drama. Probably 2017 after summer/winter latest. What do you think?
GS - Earnings beats estimates, will it break double bottom?Goldman has topped earnings expectations. CEO Lloyd Blankfein said the firm did well across all of its businesses, despite the uncertainty created by Britain's vote to leave the European Union.
Results highlight
Earnings per share of $3.72 and Revenue of $7.932 billion. Analysts were expecting earnings of $3 a share on revenue of $7.581 billion, according to a Thomson Reuters consensus.
Thoughts on share price
The stock is down 9% this year. What this means is despite recent sharp recovery from June 27 low, there exists a potential for further upside in the pair. Upbeat quarterly results may just be the catalyst for further upside. However, note the strong results may have been priced-in by the markets and if so we could see 'sell the fact' trade.
Double bottom on daily chart
Double bottom neckline stands at 168.90. Monday's closing is 163.33. The recent rally from June low has seen three gap up openings. The third one is usually the sign that 'dumb' money has entered. The larger falling trend line resistance is seen around 167.50.
Unless we do not see a daily closing above double bottom neckline, it is advisable to stay on the sidelines. On the other hand, a failure to take out falling trend line over next couple of weeks despite strong quarterly results could yield a fresh drop towards 140 levels.
Great Opportunity on Goldman SachsOn 19th there will be some volatility from the Earnings and we might see these movements.
GS Distribution continuesIf BEARS are unable to break resistance prices will likely trade higher into the upper trend line of the descending channel before trading lower as DISTRIBUTION continues.
There is no sign of a selling climax so my bias is that it does continue lower
Goldman Sachs still looking weakSo I posted this chart a couple of weeks back but the 5th wave ended at 162. Again I will never be one that only posts things that are perfect because that is not what trading is about. Really have to watch things being that the financials are still looking weak after earnings.
Keep watching here....
End of bear market for Silver? Falling wedge approaching its endWith the Federal Reserve finally raising interest rates and risk sentiment entering the market, there is potential for a bullish break of a falling wedge.
Dax long brief Position, in the end..!!!!!Can we expect a collapse of the Europezone?
*As Goldman predicted*
A Monetary divergence
This step is likely to be followed by the Federal Reserve's (Fed) decision in the opposite direction to raise interest rates for the first time in nearly a decade at the December 15-16 meeting,
Just Playing & Guessing Possible scenarios for the hereafter.. 2015 / 2016
WTI - next bullish correction?CFTC non-commercial net positions for WTI oil rising for fourth week reaching 231k net long contracts. In the past similar repositioning among futures traders was in March of 2015. Goldman Sachs recently came out with unrealistic price target (20USD).Usually also a sign of reversal. Remember Gold prices in summer of 2011 what did Goldman say?
Goldman Sachs Is Talking To Us.For the past five years, stocks like Goldman Sachs Group Inc. (NYSE:GS) and JPMorgan Chase & Co. (NYSE:JPM) have led the rally in the stock market after being decimated during the Financial Crisis of 2008. After the "Too Big To Fail" banks were bailed out by the taxpayer, they have been able to borrow money from the Federal Reserve at 0%. They would use that money to buy US Treasuries and earn the interest - that's a nice free money policy, especially for the bankers who all basically went bust!
This easy money policy by the Federal Reserve has benefited firms like Goldman Sachs Group Inc. (NYSE:GS) since 2009, but the charts are warning us that the jig may be up for the "Too Big To Fail" banks. With the stock market at all time highs, Goldman Sachs Group Inc. (NYSE:GS) is 35% below its 2007 peak, and over 10% off its most recent high made in January of 2014.
With a Bearish weekly chart forming on Goldman Sachs and a proprietary time count coming into play, we will be looking to short this equity for a move lower in the coming weeks. When the time is right to enter GS for a high probability trade, we will alert all members of the Elite Round Table live. Come join myself and 3 other Pro Traders as we reveal exactly what is moving and when you should be buying and selling. This is a great time for the informed and educated trader and investor!
Evan Poechman
Elite Round Table, Pro Trader
