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Goldmansachs

Are we gonna run like hell or welcome Goldman Sachs ?I make another post about BTC, as there might be more interests waiting around the corner. As usual we all will be waiting what move the Wall Street giant will take, but personally I think we might already overreact with the first move BTC makes, with or without any influence of Goldman Sachs. Probably they know that this is a very stressful moment for everyone, as the graph came to a consolidation as well, and we might act like a chicken without a head. Any wild move will be refilled in no time I guess (maybe a bad comparison, but a recent action happened with Verge) I wanted to post the pink rising wedge which is actually not yet completed. So this could be a move upwards as it reached the side for a second time. Together with a similar pattern made like the one from the bottom, but this could be invalidated if there's no serious buy. Probably the big money is out, as we are waiting for a move from the big guys.. but it will come seriously... if not tomorrow... after a week or so
BITSTAMP:BTCUSD
by Wolverinos
LOOKS LIKE WE'RE WAITING FOR SOMETHING or SOMEONE...Very difficult to see any bullish set up, but I post a stop for the correction anyway. Curious how it will develop. Patterns are quite unclear, and the top was a mess. Perhaps me too I became too impatient and we all want this to go up, but we just have to wait things out I guess. Probably the most important factor, if news related, will be Tuesday 'Goldman Sachs' which will have a significant impact, as they will have much more impact as CME and CBOE did.. though they brought us to 20K as well. I predict much higher volumes and wild fluctuations.. anyway this is a good entry point for them, I don't think we will go to lower lows, as the announcement of participation is a sign already... May 15th, be prepared ! Also they have announced that not only BTC will be available for trading, but a whole portfolio of coins... we'll have to watch to subtop and underrated coins closely I guess..
BITSTAMP:BTCUSD
by Wolverinos
GoldmanSachs ready to shine..? This is one of my shorter time scale predictions heading into the earnings reports coming up. With all the volatility we have managed to open a couple of more postions during the beginning of the week that are already in the green, these are set with a x1 leverage on our PI profile on eToro (Willscuba). We currently have a reducing wedge but have seen some drawdowns recently to geo-politics. Making this a good time to increase our exposure by a small margin. The earnings report is due April 17 before the bell. The whisper on the street is $6.03 where as the consensus is $5.67. If the numbers come through better than expected for JPMorgan due this friday before the bell then that should start the ball rolling for all the other financial sector stocks that we are currently holding as they usually trade in sympathy if the first few do well -unless there is a really big red herring that crops up-. Even if the earnings disapoint we still have almost 20% free in the portfolio to capitalize on the dips that could occur just like we have with all the trade war news and potential rate hikes. NYSE:GS
NYSE:GSLong
by Willscubatrader
Bitcoin blows off the Goldman Sachs letterFor the last two days the price action trading on Bitcoin has been unexciting. Bitcoin has tended to swing up and down within a relatively short range. Which happens to be good for the spread strategy that I have been sharing with you the last few days. These slow markets can be somewhat boring and even confusing until you look at them in several different time frames. The thing to look out for in a market like this is some sudden news which causes it to break either to the upside or downside. There have been quite a few attempts at market manipulation over the last couple of months not the least of which were the pronouncements by Jamie Dimon of the Bitcoin bubble, and the attempt by Goldman Sachs to its investors to put additional fear into the market to drive it down in order to create a new buying opportunity to fill their pockets while buying Bitcoin on the cheap. Even Goldman Sachs understands the Bitcoin is going to rebound hard and fast and wants it's customers to make some great returns. The fact that the Bitcoin and Altcoin prices have largely resisted these attempts to spread fake news reveals an underlying strength in the market. This strength is primarily created by the true believers in crypto currency who have continued to hold their investments and invest additional funds when these sorts of opportunities present themselves. As I've shared with you previously using the chart, this correction is nothing new for the crypto currency sphere. We have seen two previous declines to the Fibonacci 0.236 level at about $8739 which halted right in that vicinity. At the current time as I write this 17:28 UTC, we are at that level once again. Due to the previous history I believe that there is good reason to believe that this level may form a turning point for the price to return higher. Should this level be breached decisively with the closing candle than I'm looking for the $7927 area as the next support. Should that level fail to hold, would be looking at a return to the $6000 area. If we trend up which is more in line with my expectation we should have little resistance until we reach the $9580 region and since that resistance does not look very strong, I think it's likely that we would then reach the next Fibonacci level at 0.382 or $10,314 Which would be my next target on the upside. Once above $9580, I believe that level will become new support. Should we continue up after $10,300 (I would take some profits here) the next resistance point is about $11,600 (another profit point) where you can see the upper Yellow line drawn which has been on my last few charts. There is substantial resistance at $11,600 because if you look across that line you will see it forms a recent double top. Additional reasons to look for this sort of turnaround to the upside by BTC, might be found in the fact that the RSI indicator is approaching the oversold region again, as well Stochastic RSI which is also going into the oversold region. All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing.
Long
by 6Shooter
Bitcoin: Mother of All Bubbles, Don't Bet Against Goldman SachsWell, this is just another reality check. Fundamentals not technicals. The whole space is a trader's dream, no regulation, easy manipulation. Well, the world's largest are getting into the game and they are calling bitcoin out and everyone should take notice. Goldman Sachs is someone that can make it happen. There is too much money flow into crypto from the real markets and that is worrisome for funds and former investment banks. Either way, GS is not a bunch of dummies or hypsters, they know the game and are calling bitcoin out. To be fair, they're calling them all out. The following is only one article of many being written now and that means something. The tide is shifting to big money calling this a bubble, which isn't good. www.marketwatch.com Goldman issues a warning on bitcoin—and an even bigger warning on Ethereum “We think the concept of a digital currency that leverages the blockchain technology is viable given the benefits it could provide: ease of execution globally, lower transaction costs, reduction of correction since all transactions could be traced, safety of ownership, and so on,” Goldman wrote. “But bitcoin does not provide any of these qualities.” Goldman has weighed how effective bitcoin is for the various purposes that its advocates argue it can serve. Ultimately, it concluded that bitcoin is too volatile to function as a store of value, and too inefficient to replace traditional currencies as a means of transferring value. I wouldn't take this lightly, GS is creating their own trading desk for this space and they will be taking their massive leverage and AI based trading systems to crush this space. I'm hoping SwissBorg can accelerate as the true wealth management fund in this space, before anyone else can. After the bubble bursts, the real players will emerge, just like previous bubbles.
BITFINEX:BTCUSDShort
by Miykael
4
Bitcoin: Overpriced or Next Leg Up?Bitcoin (BTC) has been all the rage these last 9 months or so. Back in March 2017 BTC reached around the price of gold at around $1277. Personally, I didn't think that it could surpass one of the most coveted hard assets around. How wrong I was. BTC pulled back down to around $1000 in April. From there, BTC sky-rocketed up to its current price of $6,370 with almost no slow down in sight. If you look at this chart, BTC's RSI is up to 80.04. Fundamentally, this screams "overbought." But, is Bitcoin really overbought? It hasn't been around long enough for us to completely understand how this asset is supposed to perform in financial markets. The other day Goldman Sachs came out saying Bitcoin is a necessary piece to anyone's portfolio. This will send BTC screaming much higher. I wouldn't be at all surprised if it reached $8,000 by Christmas. However, here is my warning to you: Goldman Sachs may be a key piece into bringing down the market. Why would I say that? Easy. Big players in the market, or "whales," can cause an extreme amount of manipulation. If Goldman Sachs' activity in the crypto market increases the volume to a great extent, it will drive the price much higher. You might be saying to yourself, "Well, what's the problem with that? WE GETTIN' RICH BABY!" That may be true for now, but if Goldman Sachs owns a majority of the crypto market, when they sell off it could have a large whale-like impact on cryptos sending those puppies down into the abyss. I'm skeptical that there may be political interest at play here. Why would such a big player in the markets get in so late? If they send the market down, I would have no doubt that big banks like them would scoop up all these cryptos at lows prices in order to bend them to their will. They do the same thing with gold and silver. Manipulation takes place in every financial asset, that's just the twisted world that we live in. I'm not saying don't buy BTC, but be ready sell. Don't get too greedy. If you're up 1000%, for god's sake, sell. Those are phenomenal gains. One last word of wisdom: when others are fearful, be greedy. When others are greedy, be fearful. Buy low and sell high my friends.
COINBASE:BTCUSD
by micahjmiller
2
Target zone for wave 5, comment on Sheba Jafari & Goldman Sachs If the corrective wave 4 is concluded, and it looks like it is, the target for BTCUSD is minimum $6000. If the correction is not over, then what is wave 4 for now, will become wave A, and we'll see wave C going below $3000, then wave 5 will proceed with slightly lower target. The structure of BTC movement during last years is perfect, textbook Elliott Wave. Wave 5, that Sheba Jafari of Goldman Sachs was referring to was only the internal wave of wave 3 visible above. CNBC also reported on her analysis on Mon, 14 Aug 2017. You can check it out. Here I present the bigger picture of what she was talking about.
BITFINEX:BTCUSDLong
by Petros
4
Why Goldman Sachs Predicted Bitcoin Bottom for ~$2300If you saw my last Bitcoin idea (see link to related idea below) you would know that this big downward move we are experiencing right now was to be expected. I have received private messages of people asking me "How can I know where the bottom is?" and the answer is that you can't know for sure. But you can try to predict the bottom of this downtrend - and this is what Goldman Sachs probably did too. When the GS analysts made their prediction of BTC going to $2200 - $2300 they were estimating the top to be reached at ~$4830. The real top was a little higher, so we'll have to factor that in. If you look at my chart though I have set the top of the fibonacci retracement tool at the level GS was working with to better understand how they made that prediction. Besides fibonacci levels the next important part is Elliott Wave analysis. In my last idea I said that I am not sure whether we are past wave 5 or not. At this level I can confidently say that we are most definitely past wave 5 - and that puts us in wave A . Wave A is one of the corrective waves of the big ABC correction pattern (see Wikipedia article on Elliott Waves if you are not familiar with how the principle works). After this wave A is completed we should see wave B, a wave that goes against the trend (meaning: up). It is typical for people during wave B to think that the bear market is over, so be careful once we are there and think twice before buying. Because after wave B comes wave C , another big corrective wave that can (and probably will) extend further than wave A. On this chart I give you an example of how our ABC wave can look like. However, it is not possible for me to say how long wave A will be for sure. The same thing applies for the other two waves that will come. What we know though is that GS has predicted a bottom to be at ~$2200 - $2300. And as you can see on the chart that price range coincides with an important fibonacci level. It is typical for a market to take back around 60% of its value after a cycle ends. And this is the reason why GS predicted that price range to be the bottom of the big correction that was to come. Conclusion: Get ready for an end of the downtrend once we reach ~$2400. Be careful when going long before that level is reached.
BITFINEX:BTCUSD
by TALife
24
YY inc. initiated with a Buy at Goldman Sachs Goldman Sachs analyst Fan Liu started YY with a Buy rating and $101 price target, saying it is expected that the early pioneer in live streaming can sustain its leadership position. Bullish option flow detected in YY with 1,761 calls trading, 3x expected, and implied vol increasing over 2 points to 43.16%. 9/22 weekly 65 calls and Sep-17 85 calls are the most active options, with total volume in those strikes near 840 contracts. The Put/Call Ratio is 0.54. Earnings are expected on November 21st Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years. Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits. Thanks to a sound financial situation, the firm has significant leeway for investment. Historically, the company has been releasing figures that are above expectations. The company's attractive earnings multiples are brought to light by a P/E ratio at 13.31 for the current year. Growth remains a strong point in this company. In their sales forecast, analysts sound optimistic with regard to sales prospects. Over the past year, analysts have regularly revised upwards their sales forecast for the company. For several months, analysts have been revising their EPS estimates roughly upwards. For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner. Analysts covering this company mostly recommend stock overweighting or purchase. The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
NASDAQ:YYLong
by StrattonOakmontResearch
Goldman Sachs - Not looking good...If you are looking for a large cap stock to short, Goldman Sachs might just be a good one to look at. Fundamental The fundamentals for Goldman is showing signs of concern - 1) Revenue has been falling for the past 3 years; 2) Net income has been hovering without growth for the past 5 years; 3) Operating and free cash flow has been falling for the past 2 years; 4) ROA is hovering below 1.00 (industry average is currently 2.85%); and 5) ROE is hovering below 10. Technical Price has completed a 5-wave structure since June 2016, and we are currently seeing a potential development of an ABC structure towards 185.1 - 182.8 region. Combining the fundamental and technical development, I will have my bias on shorting GS in the short term.
NYSE:GSShort
by KarYong
GS Long from 205.50-204.50After GS top of 255 This Winter, It now approaches a critical target price of 205$. Today it trades at 213$ a share. GS is a buy at 205-204, however, if it slips below 200 and holds at 199-198, then we will likely see a decline of at least another 15 points, likely finding a bottom around 185 or 178. IF it does not find a bottom even at 178, we will likely see another decline, this time toward 155 or 150 dollars a share. These are the options for price bottoms right now.
NYSE:GS
by davesp1903