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Goldman Sachs Group, Inc. (The)Goldman Sachs Group, Inc. (The)Goldman Sachs Group, Inc. (The)

Goldman Sachs Group, Inc. (The)

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Goldman Sachs Rides High on AI Investments & Strong PerformanceAmidst a landscape of evolving financial markets and emerging technologies, Goldman Sachs ( NYSE:GS ) has strategically positioned itself to capitalize on the growing demand for AI-related infrastructure. The success of OpenAI's ChatGPT has invigorated investor confidence, leading to increased funding in promising AI startups. In the wake of the Federal Reserve's efforts to navigate the economy towards a 'soft landing,' Goldman Sachs has demonstrated resilience and adaptability. Despite the challenges posed by rising interest rates and inflationary pressures, the firm has reported robust performance across various divisions. Goldman's investment banking division witnessed a remarkable 32% surge in fees, driven by heightened activity in debt and equity underwriting, as well as advisory services for mergers and acquisitions. Additionally, revenue from trading in fixed income, currencies, and commodities (FICC) saw a notable uptick, buoyed by record financing revenue in mortgages and structured lending. Equities revenue also experienced a substantial increase, reflecting the firm's ability to capitalize on market opportunities. Meanwhile, the asset and wealth management division achieved record quarterly management fees and witnessed significant growth in assets under supervision. The Platform Solutions unit, which encompasses Goldman's consumer operations, reported a 24% increase in revenue. As the firm continues to streamline its consumer banking segment, investors are eagerly anticipating the potential for profitability in 2025. However, amidst the positive momentum, Goldman Sachs faces scrutiny over its consumer banking strategy. Concerns have been raised regarding the efficacy of CEO David Solomon's retail push, leading to calls for the separation of the chairman and CEO roles. Additionally, Goldman's co-branded credit card partnerships with General Motors have been discontinued, signaling potential challenges in its consumer-facing ventures. The bank's provisions for credit losses have also increased, reflecting uncertainties in its credit card and wholesale loan portfolios. Despite these challenges, Goldman Sachs ( NYSE:GS ) remains focused on optimizing its business model and enhancing shareholder value. With a strategic emphasis on traditional banking activities and continued investments in emerging technologies, the firm is well-positioned to navigate the evolving financial landscape."
NYSE:GSLong
by DEXWireNews
Goldman Sachs, the Buyback King?Goldman Sachs, one of the very few giant financial services companies left, is intending to do the first mega buyback program that will exceed One TRILLION dollars into 2025. Gasp. So the chart shows the initial buybacks commencing and the support of its stock price during the very dicey sideways trend. The company reports earnings Monday, April 15. Enough time to catch another swing run to earnings if the current consolidation breaks out to the upside. NYSE:GS is a Sell Side Institution and admits it is heavily vested in NASDAQ:NVDA and other big tech stocks at this time. GS benefits from higher interest rates holding through this year.
NYSE:GS
by MarthaStokesCMT-TechniTrader
Navigating $GS: Key Levels and Strategic Entry Points UnveiledDive into our latest analysis on Goldman Sachs ( NYSE:GS ) as we explore crucial price levels identified in yesterday's meeting. This TradingView update unveils potential strategies for both calls and puts, guiding you through informed entry and exit points. Whether you're looking to capitalize on upcoming movements or safeguard your portfolio, our insights into NYSE:GS 's price action could be your roadmap to trading success. Join us as we decode the market signals and strategize for what lies ahead.
NYSE:GSLong
by Solidified
Goldman Sachs: Leap Over $500 or Just a Bubble?As we start into the Earnings Season, our focus turns to Goldman Sachs Group on the daily chart. Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390. Now, the anticipation is set for Wave (2), expected to retracement between 50% and 78.6%. This retracement aligns neatly with a retest of the Triangle's trendline. The exact internal wave structure of Wave (2) remains uncertain. Given Goldman Sachs' tendency for gradual movements, we'll maintain our focus solely on the daily chart for now. This retest, while possibly extended, remains a retest, suggesting the opportunity for positioning in wave (2), or the a wave (3). Consequently, we continue to anticipate a significant and prolonged rise above the $500 mark, should the conditions align.
NYSE:GSLong
by stromm_by_wmc
2
🏦💹 Goldman Sachs (GS) Analysis📈 Technical Overview: GS Price: Potential benefits in uncertain macroeconomic conditions. Resilience: Historical resilience, particularly noted during the 2008 financial crisis. Private Equity Capital: Significant capital in private equity firms ($1.3 trillion at the start of 2023). Potential Impact: Expected to benefit intermediaries like Goldman Sachs. 📊💼 Financial Outlook: M&A Deals: Expected to facilitate complex M&A deals, earning fees for the company. 📈🚀 Trade Sentiment: Sentiment: Bullish on Goldman Sachs (GS). Entry Range: Above $320.00-$325.00. Upside Target: Set in the $520.00-$530.00 range. 🔄💡 Note: Monitor macroeconomic trends for confirmation and adjust strategy accordingly. 📉💡 #GoldmanSachs #GS #FinancialAnalysis 🏦💼
NYSE:GSLong
by Richtv_official
Will Goldman Get Going?Goldman Sachs has gone nowhere for two months, but some traders may look for that to change. The first pattern on today’s chart is the $374 level. It was a weekly closing price from January 2023 that GS remained below through late December. The stock rallied above it at the end of last year and has remained there since. That could suggest old resistance has become new support. Next, Bollinger Band Width narrowed during the consolidation period. Will price expansion follow that period of compression? Third, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in December. That may suggest its longer-term trend has grown more bullish. (GS also bounced at the 50-day SMA this week.) Next, the 8-day exponential moving average (EMA) has remained above the 21-day EMA. That may reflect bullishness in the shorter term. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Important Information Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures or cryptocurrencies); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission (“SEC”) and a futures commission merchant licensed with the Commodity Futures Trading Commission (“CFTC”). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association (“NFA”), and a number of exchanges. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services under federal and state money services business/money-transmitter and similar registrations and licenses. TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a member of NFA. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:GS
by TradeStation
Goldman Sachs Group (GS): Can we see a One-Two?✌️As we have seen some interesting earnings with ourperforming assets like NASDAQ:META , NASDAQ:NVDA or NASDAQ:MSFT , our focus turns to Goldman Sachs Group NYSE:GS on the daily chart! Zooming out, we observe the completion of the higher-degree Waves III and IV, finalized at $290, marked by a Triangle where Wave E broke to the downside. Subsequently, an impulsive Wave (1) unfolded, reaching $390. Now, the anticipation is set for Wave (2), expected to retrace between 50% and 78.6%. This retracement aligns perfectly with a retest of the Triangle's trendline. The exact internal wave structure of Wave (2) remains uncertain. Given Goldman Sachs' tendency for gradual movements, we'll maintain our focus solely on the daily chart for now.
NYSE:GSLong
by freeguy_by_wmc
GS : Booked a profit of 15.06% of the invested capitalI have been holding on to this position for about 9 months. At the current valuation I do believe that the Nasdaq and S&P500 is expensive. So there is a high probability for a sell-off to hit the market anytime soon. So decided to book profits in some of my positions and this is one of them. Will consider a re-entry if market crashes back to the initial entry levels. But I'm also aware of the fact that there is a potential move of about 16% to the channel high, which may be achieved in the near future. The decision of FED to pause the interest rate for the 3rd consecutive time may also fuel this move, since this indicates a possibility for a rate cut in the coming months.
NYSE:GS
by Sniper-Traders
1
GS - longI don't really have much technical analysis support for this trade. This one is basically all fundamental: GS just reported earnings, and they took a bunch of charges, which made 3Q2023 a lot worse than 3Q2022. They did, however, still beat estimates. It looks to me like GS is finally getting out of a lot of the headwinds they had over the past couple of years: IPO and M&A activity has been very muted over the last several quarters, and we are finally starting to see a decent pipeline emerge. The bank is getting ready to jettison its Apple partnership, and its whole consumer-facing Marcus franchise. GS significantly cut exposure to commercial real estate, which looks like it will produce losses for years to come. The WFH controversy that has caused a lot of dissatisfaction within the ranks seems to have died down. Most importantly, today's earnings seem to be met with relief by investors that it wasn't as bad as feared. From a valuation perspective banks have been cheap for a long time, and continue to look cheap to me. And IV is very low by historical comparison. I got long a December out of the money vertical call spread.
NYSE:GSLong
by matthias
Goldman Sachs Group to $215The above 2-week chart informs us price action has confirmed a reliable bearish pattern known as the bear-flag. The pattern is reliable in identifying price action targets as measured from the peak of price action to the first support known as the flagpole. The flagpole is now used to measure the target from the area where price action breaks out of the upward channel. $215. The target is especially interesting for two reasons: 1) It is the golden ratio. 2) That black line. Is it passible price action continues to rise? Sure. Is it probable? No. Ww Type: trade Timeframe: 2024
NYSE:GSShort
by without_worries
1
GS Earnings and Institutional HoldingsNYSE:GS has had a sudden huge decline in its Institutional Holdings from last quarter--a whopping 12%. That's huge. This suggests that often the selling is from Buy-Side Institutions. Goldman Sachs has a buyback program of 30 billion dollars underway, approved end of February 2023. The Buybacks started in March and have continued until recently. I showed the buyback activity on the daily chart in this article earlier this month. The Support from corporate buybacks poses problems for selling short. The stock is also prone to HFT triggers with frequent gapping. The first Support level is just above the 2022 lows. The company reported earnings this morning and gapped down at open but is holding onto the sideways range it's been in for 2 weeks so far. However, Quarterly and Annual Reports are starting to show signs of weakness as this company struggles to reinvent. NYSE:GS is also facing loss of revenues from IPO underwriting as the NASDAQ Private Market is undermining the high income usually generated from IPOs by underwriters. IMO, the investment banking industry is slowly becoming obsolete as DeFi, Fintech, Blockchain technologies and Crypto currencies continue to advance and erode traditional revenue streams.
NYSE:GS
by MarthaStokesCMT-TechniTrader
📈📊 #ChartPattern Alert! 📈📊 📈 Channel 📈A "channel," in the context of trading and technical analysis, is a chart pattern that forms when the prices of a financial asset move between two parallel lines, creating a kind of corridor or channel. There are two main types of channels: an ascending channel and a descending channel. Ascending Channel: This channel forms when prices have an overall upward trend, but this trend is contained within two upward-sloping parallel lines. The lower level is the support, where prices often find buyers, while the upper level is the resistance, where sellers may come into play. Traders often view the ascending channel as a sign of the continuation of the existing uptrend. Descending Channel: On the other hand, the descending channel forms when prices have a downward trend, but this trend is bounded by two downward-sloping parallel lines. The upper level is the resistance, where prices tend to retreat, while the lower level is the support, where minor bounces may occur. Traders typically interpret the descending channel as a sign of the continuation of the downtrend. Channel analysis is an important tool for traders as it can help identify entry and exit points, as well as set profit targets and stop-loss levels. However, it's crucial to note that channels are not foolproof, and prices can break beyond the channel lines, signaling a change in trend. In summary, a "channel" is a chart formation that depicts the direction and strength of a price trend in a financial asset. It's a useful tool for traders looking to make informed decisions about their market trades.
NYSE:GS
by RaffDN
💵  E a r n i n g s J o u r n a l📶 S T A T I S T I C A L A N A L Y S I S           Current 50-Day Market Trend: short/sellers/negative. Next Swing: positive swing to resistance. Next Wave: buy wave to the deviation. Next 50-Day Market Trend: long/buyers/positive. Trade Type: Touch & Go don't wait for a close.          💵 E A R N I N G S A T A G L A N C E Release Date: 10/17 BMO Quarter: FQ3'23 _______________________________________________ Revenue Anticipations: positive surprise of Revenues. Revenue Surprise-Confidence: on a scale of 0-9, #7 Revenue 2-Year Trend: the company trend in Revenues is negative. _______________________________________________ EPS Anticipations: positive surprise of EPS. EPS Surprise-Confidence: on a scale of 0-9, #4 EPS 2-Year Trend: the company trend in EPS is negative. _______________________________________________ 📝 S Y N O P S I S 🟢BUY: If the earnings report is above the Wall Street consensus I expect the market will buy the +surprise. ⚪NEUTRAL: If the earnings report is released with complicating press then I expect the market will avoid the surprise and invest in alternative securities. 🔴SELL: If the earnings report is below the Wall Street consensus I expect the market will sell the -surprise. 🔎 R E S E A R C H D E P T H Technical Analysis: daily chart. Fundamental Analysis: EPS & Revenue data. Press/News: none. Social Media: none.
NYSE:GS
by UnknownUnicorn28743597
Buyback Patterns: GSAs the #3 most heavily weighted stock for the TVC:DJI , NYSE:GS was one of the drivers behind the run down this week. In February, a buyback program of 30 billion was approved. Buybacks probably commenced in March and have been boosting the price up within the trading range until recently. It may be that the buyback money has been depleted. Goldman Sachs reports Oct 17. Revenues declined last quarter. Earnings are up and down. So probably not a great earnings report for Q3. However, the stock has support at the black line, so it doesn't have huge downside potential.
NYSE:GS
by MarthaStokesCMT-TechniTrader