Get started
GOLDMAN SACHS GRP INC.GG

GOLDMAN SACHS GRP INC.

601.7EURD
−11.3−1.84%
As of today at 06:29 GMT
EUR
No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

GOS trade ideas

GS Goldman Sachs: $245 artificially undervalued towards $1,000new markets new customers when the rich becomes richer and the rise of middle class require more banking needs Goldman shall dominate this space in the next decade. That liquidity from the FED and make America great again shall benefit strong hands Price action wise it's a Parabolic to fresh highs -- LOADED for the long run warren may just mark this up to $300 to make a statement REMINDER: this listed most issues and as underwriter packager it knows how to surprise the PUBLIC
NYSE:GS
by senyor
Goldman Sacks warns that buybacks are ‘plummeting,’Goldman warns that buybacks are ‘plummeting,’ ending a big source of buying power for the market Corporate buybacks are “plummeting” as companies tighten their purse strings, and it could have a big impact on the market, Goldman Sachs warned in a note to clients. In the second quarter, S&P 500 share buybacks totaled $161 billion, about 18% less than the first quarter, the firm found. The amount spent on buybacks this year is down 17% from a year earlier, although it is on track to be the second highest total on record, Goldman said. The firm anticipates that this trend will continue, saying “early indications suggest second-quarter weakness in buybacks may persist.” For 2019, total buybacks will drop 15% to $710 billion, and in 2020 they see a 5% decline to $675 billion, the firm predicted. Share repurchases have been a key element during this bull market, the longest on record. By repurchasing shares, a company reduces the number of shares outstanding. It can have the effect of boosting the stock price and lifts earnings per share figures. It’s a frequent, but not always popular, move for companies. Some argue that instead of using buybacks, companies should invest more in capital investments. And Washington is taking note. The House Financial Services Committee, for instance, is looking at ways to reform buyback spending laws. All spending is slowing The slowdown in buybacks is part of a larger trend of spending cuts, Goldman found, as trade uncertainty and stalling global growth weigh on the market. Total cash spending fell by 4% year over year in the first half of the year, according to the firm. It anticipates cash spending for the entire year will decline by 6%, making it the sharpest yearly decline since 2009. During the third quarter “CEO confidence plummeted to the lowest level since the Global Financial Crisis,” Goldman said. It cited a recent study from Duke University that found a majority of CFOs expect the U.S. will be in a recession within the next year. “Companies spend less cash when policy uncertainty is high. During August, global economic policy uncertainty registered the highest level in at least 20 years. Historically, growth in aggregate S&P 500 cash spending has been weaker during periods of high policy uncertainty. The combination of an ongoing trade conflict and next year’s US presidential election will likely result in lingering uncertainty,” Goldman’s David Kostin wrote
N
by oussamaelgadoum
Stock of the Week: Goldman Sachs Group (GS)Local Breakout after Bullish Behaviour Suggests Further Advance WYCKOFF STORY Upsloping price structure of higher highs and higher lows suggests accumulation that happens on diminished supply signature. Last bar acts as a local breakout which is confirmed by increased demand signature. Up trending OBV suggests that institutions are actively getting into this position. Relative Strength is improving. Trading Target $180 Count Line + (21 boxes * 3 reversal * $2 box size)= $306 Pattern Confirmation Continuation of rally above $230 Pattern Failure Close below $190
NLong
by Wyckoff_Analytics
1