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Goldmansachs

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.
COMEX:HG1!Long
by nickygin
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.
NYSE:GSShort
by FOREXN1
3
GS Daily TimeframeSNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. 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. I am developing it even more so stay tuned and start to follow me for more signals and forecasts. START BELIEVING AND GOOD LUCK HADIMOZAYAN
NYSE:GSShort
by hadimozayan
7
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 !
BITSTAMP:BTCUSDLong
by UnknownUnicorn4565572
$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.
NYSE:GSLong
by Modus777
Divergence back to FX – Goldman SachsGoldman Sachs discussed the importance of divergence in a recent note to clients, arguing it will be a key driver of FX for the remainder of the year. Goldman Sachs explains: We think this divergence will be an important factor for G10 FX this year. It will help inform currencies respond to a faster or slower recovery than expected, and contribute to a different path for policy in normally closely-linked currency pairs. The expected timing of policy normalization should support CAD and NOK (both components of our USD short basket) while it may eventually hold back GBP (which we currently recommend vs CHF, due to the UK’s successful vaccine rollout).
by thunderpips
4
#Bitcoin: Still showing bullish signs, with strong news week.After Bitcoins crazy run up from 30,000-58,000 we saw an almost $10,000 retracement with many traders reacting in panic. But is the run really over? I doubt it. __________________________________________________________________________________________________ Below i am going to explain some basic reasons why I think we are going upwards from here: 1. Institutional Interest Many "High Profile" buyers are still interested and purchasing BItcoin such as Square, Microstrategy & Grayscale Investments. 2. Bullish Pattern The Falling Wedge is a strong Bullish Reversal Pattern that may give us a good sign buyers are now in control of this market again. 3. Similar Price Action The current Falling Wedge & Price Action is quite similar to that of $33,000 area, we had a Falling Wedge, aswell as institutional buyers towards the bottom of the pattern. Just like we are currently, as marked on the Falling Wedge forming from $58,000. __________________________________________________________________________________________________ 1. Institutional Interest Below I am listing current news which I think is definitely supporting the idea that the Buyers are in control: The news is flowing HEAVY around Bitcoin and quite positive! The big guys are interested, and everyone is trying to get a piece of the pie now. The Demand outweighs the Supply. Microstrategy Purchases more Bitcoin: twitter.com JP Morgan recommends 1% in Bitcoin: techstory.in Goldman Sachs opens Bitcoin trading again: markets.businessinsider.com Twitter Announces $1.25 Billion Convetible Notes Offering (Founder is a fan of Bitcoin, and Microstrategy had a similar offering to generate capital to purchase more Bitcoin: apnews.com Square payments buys more Bitcoin: www.cnbc.com Cititbank states Bitcoin could become the currency of Global Trade: www.theblockcrypto.com __________________________________________________________________________________________________ 2. Falling Wedge Pattern & Similarities in Price Action In this pattern price swings 5 times between two converging trendlines while falling to form a “Wedge", this a potential sign the buyers are slowly taking control and we see a "breakout" to confirm this" Works extremely well with Bulllish Divergence and the pattern has a high sucess rate. It often sweeps the lows at A before breaking out and this is the ideal entry point followed by the bullish retest (B). Target is the top area of the pattern. Pattern tends to break out when around 60% complete and commonly off the 0.78 fibonacci level. In the below images you can see the similarities between late January & Now. In January we had the Falling Wedge Pattern with a Tesla purchase, and now we have a similar pattern with a few other big names purchasing (Microstrategy, Square). First example of the Falling Wedge (Note how Elon Musk purchased around the Bottom of this Pattern before the upwards move began): Here we can see how once we had the breakout we had a strong upmove: Here we can see a comparison of the current pattern: __________________________________________________________________________________________________ 3. Conclusion The most important thing to consider when investing and trading Bitcoin is the Fundamentals & Supply & Demand.. currently there is a huge Demand still for buyers of the Cryptocurrency as you can see from the above articles (they are all recent) and the potential signs on the chart as well the buyers are regaining control.. The use case for Bitcoin grows strong with the FED still printing and seeing more and more big names getting behind it every week. These factors alone give us a high probability of a sustained upwards movement from here.
Long
by Worth_The_Ri5k
7