Goldman Sachs Group Inc (GS) News

$GS CEO states

“Likely scenario is we navigate with soft landing, & Economy in good shape”

• This comes the same week it has now update
-$400 Million in losses for Q3

• -10% decline in trading revenue for Q3

And then there's this:

look at Gensler's internal comments that the SEC mistakenly posted publicly:

GS was the Wall Street bank that got blown up in the Yen Carry Trade as they expected the yen to be over $150

$GS is heavily leveraged on the wrong side of the Yen Carry Trade & $NVDA 🙄

We've reached a point where neither BOJ or Fed can do anything, without making things worse. Truly a catch-22 situation.

Fun fact: The global derivatives market could exceed a quadrillion dollars in notional value—dwarfing global GDP ($1,000 T compared to 100 T global GDP). This staggering figure underscores the potential for catastrophic losses when the market unravels.

$20 Trillion Carry, $195 Trillion Derivatives Exposure, Quadrillion Global Derivatives - This is all starting to unravel now. No chart can reveal where the bottom is. No one knows.

And it's not just GS. They're all drinking the same kool aid. $NVDA will probably be the biggest loser in all this as their exposure is more than any other entity on the planet.

The derivatives market today is colossal. The top 5 U.S. banks alone have nearly $195 TRILLION in derivatives exposure—more than double the global GDP! Goldman Sachs has leveraged $101.38 in derivatives for every $1 of assets.

🚨BANK 📉 ALERT: $GS

⚠️Goldman of -$400 million in losses
Raises 🚩

1. $238B in sold under agreements repurchase aka “Repos” with $1.5T in liabilities

2. Repo shows potential insolvency

3. 13.8x leverage ratio is risky for $GS, amplifying vulnerability & liquidity issues.

GS having liquidity issues. Sliding trading revenues are the least of GS problems…

Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
PUBLISHED MON, SEP 9 20246:09 PM EDTUPDATED AN HOUR AGO

Algo pump job. Massive pump will cave Goldman's Sachs.

No bank is safe, implosion coming: 'Every single bank is insolvent' — Lynette Zang https://www.kitco.com/news/article/2024-04-08/no-bank-safe-implosion-coming-every-single-bank-insolvent-lynette-zang#google_vignette $GS

Goldman Sachs $GS plans to cut more than 1,300 employees from its global workforce as part of an annual review process to cull the low performers
By: Evan | August 30, 2024

• Goldman Sachs $GS plans to cut more than 1,300 employees from its global workforce as part of an annual review process to cull the low performers

Goldman will likely cut between 3% -4% of its workforce which would affect between 1,300-1,800 people - WSJ

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100% Manipulated

Today Goldman Sachs Group (GS) is the best performer in the DJIA
By: Thom Hartle | July 30, 2024

• Today (8:32 CST), the best performer in the DJIA is Goldman Sachs Group. GS.



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Goldman Sachs Most aggressive sweeper activity last 15 minutes of trading
By: Cheddar Flow | July 17, 2024

• Most aggressive sweeper activity last 15 minutes of trading



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GS 10Q expected JULY15

Traders Scored 200% Profit with Goldman Sachs Call
By: Schaeffer's Investment Research | June 24, 2024

• Shares immediately jumped off the 50-day trendline

• It took less than three days for options bulls to triple their money

Expiration Week Countdown subscribers tripled their money in less than three days with our Goldman Sachs Group Inc (NYSE:GS) June 442.50 call recommendation, which they received on Sunday, June 17.

At the time of our recommendation, bank giant GS had pulled back to its 50-day and 10-week moving averages and bounced near the last earnings report's anchored volume weighted average price (VWAP). Shares were also up off $440, where there was a large buildup of open interest that could have acted as options-related support, and there was opportunity for the 460-, 465-, 470-, and even 480-strikes to pull price higher on a rally into options expiration.

Short-term options traders had been more bearish than usual, leaving pessimism to unwind. This is per the security's Schaeffer's put/call open interest ratio (SOIR) of 1.55, which stood in the 96th percentile of readings from the past year.

Shares immediately jumped off the aforementioned 50-day trendline, and our subscribers scored a 200% profit on June 20, when GS notched its fourth-straight daily win.



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Goldman Sachs Group $GS Rejected @ 460 this time. Watch the 50D if we pull back more
By: Options Mike | June 23, 2024

• $GS Rejected @ 460 this time.

Watch the 50D if we pull back more



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Bank of America remains bullish on silver, sees $35 an ounce by 2026 $GS

Goldman Sachs $GS Bull flag off the 50-day should have your attention
By: TrendSpider | June 18, 2024

• $GS Bull flag off the 50-day should have your attention.



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You could have shorted a lot of stocks in April, but Goldman Sachs was not one of them
By: TrendSpider | May 17, 2024

• You could have shorted a lot of stocks in April, but Goldman Sachs was not one of them.

$GS has marched straight through previous all-time highs will no signs of stopping!



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Goldman Sachs (NYSE:GS) – Goldman Sachs announced on Friday that it reached a preliminary agreement to settle a class action from 2014 concerning the trading of platinum and palladium. The bank, among several defendants, was accused of violating antitrust laws by allegedly manipulating the prices of these metals. The settlement awaits judicial approval.

GS all time high

GS new all time high

GS makes a new all time
I bought shares in 2009 and haven’t sold a single one

Goldman Sachs $GS hits record high closing price
By: Barchart | April 24, 2024

• Goldman Sachs $GS hits record high closing price.



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Insiders Dumping Large positions. They are running away.

Over the past year, many The Goldman Sachs Group, Inc. (NYSE:GS) insiders sold a significant stake in the company which may have piqued investors' interest. When evaluating insider transactions, knowing whether insiders are buying versus if they selling is usually more beneficial, as the latter can be open to many interpretations. However, when multiple insiders sell stock over a specific duration, shareholders should take notice as that could possibly be a red flag.

https://finance.yahoo.com/news/possible-bearish-signals-goldman-sachs-110021095.html

Today Goldman Sachs Group (GS) is the best performer in the DJIA
By: Thom Hartle | April 15, 2024

• Today (8:33 CST), the best performer in the DJIA is Goldman Sachs Group. GS.



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Goldman Sachs moving higher in pre-market this morning after reporting Q1 earnings beat
By: TrendSpider | April 15, 2024

• Goldman Sachs moving higher in pre-market this morning after reporting Q1 earnings beat $GS +3.81%.

~EPS: $11.58 vs $8.60 est
~SALES: $14.210B vs $12.917B est
~Q1 Investment Banking Revenues up 32%
~Q1 Asset & Wealth Management Rev up 18%

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Goldman Sachs $GS reports earnings tomorrow morning, Wall ST is expecting numbers of
By: Evan | April 15, 2024

• Goldman Sachs $GS reports earnings tomorrow morning, Wall ST is expecting numbers of

EPS of $8.64 down 1.7% YoY
Revenue of $12.93B up 5.8% YoY

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GS 10Q due 4/15 per Seeking Alpha
Next day settlement begins 5/28

The pump before the dump!

GS new 52 hi

We seen the pump and now the dump!

Goldman Sachs Group $GS Notable size #darkpool activity ~ 780K shares at $392.31 ~ 32% of 30D Avg Vol
By: Flowrensics | February 28, 2024

• $GS Notable size #darkpool activity ~ 780K shares at $392.31 ~ 32% of 30D Avg Vol



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Today Goldman Sachs Group (GS) is the best performer in the DJIA
By: Thom Hartle | February 27, 2024

• Today (8:35 CST), the best performer in the DJIA is Goldman Sachs Group. GS.



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GS new 52 week high

$GS OTM sweeper opening the 03/15 $402.50 CALLS
By: Flowrensics | February 23, 2024

• $GS OTM sweeper opening the 03/15 $402.50 CALLS

Not quite outside day but did finally break out of this sideways consolidation





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$GS ITM Put writer in to the 02/16 $292.50P at the BID
By: Flowrensics | February 12, 2024

• $GS ITM Put writer in to the 02/16 $292.50P at the BID



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Full blown SCAM bank losing executives fast. I suspect more arrests are coming. The Pump before the dump.

Going in with 30 shares $377 15/1/24.

Will be topping up with another 50 with any big 12-20% drop. I’m LONG not a trader.
Some hedge bought 5555 at $378 on 12/1/24 in after hours

GS new 52 week high

Jamie Dimon lashes out against crypto: ‘If I was the government, I’d close it down’
https://www.cnbc.com/2023/12/06/jamie-dimon-lashes-out-on-crypto-if-i-was-the-government-id-close-it-down.html $GS

Goldman Sachs Group $GS 355 next target then maybe 52W high... 8D strong support on dips
By: Options Mike | December 10, 2023

• $GS 355 next target then maybe 52W high... 8D strong support on dips.



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GS Goldman Sachs Group Inc NYSE $GS Total Debt (mrq) $646.41B

Goldman Sachs $GS Took many attempts but finally broke out and filled most of that gap. 355 next big restiance
By: Options Mike | December 3, 2023

• $GS Took many attempts but finally broke out and filled most of that gap.

355 next big restiance.



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Goldman Sachs $GS Has consolidated through time and holding the 8 am -- BO above 9 inside days. Need to see this one close above
By: FLOWrensics | November 29, 2023

• $GS Has consolidated through time and holding the 8 am -- BO above 9 inside days. Need to see this one close above.



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The Goldman Sachs Group, Inc. (GS) Shares Sold by The Manufacturers Life Insurance Company
By: MarketBeat | November 24, 2023

• The Manufacturers Life Insurance Company trimmed its holdings in The Goldman Sachs Group, Inc. (NYSE:GS) by 7.3% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,639,384 shares of the investment management company's stock after selling 129,011 shares during the period. The Manufacturers Life Insurance Company owned 0.50% of The Goldman Sachs Group worth $528,767,000 as of its most recent filing with the Securities and Exchange Commission...

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Goldman Sachs $GS Massive *SIZE* ~ 1.63 mil shares at $339.45 #darkpool activity ~ 75% of 30D Avg Vol
By: FLOWrensics | November 20, 2023

• $GS Massive size #darkpool activity ~ 1.63 mil shares at $339.45 ~ 75% of 30D Avg Vol



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Goldman Sachs $GS Nice upper flag here, 345 next level to clear, gap @ 332
By: Options Mike | November 19, 2023

• $GS Nice upper flag here,

345 next level to clear, gap @ 332.



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Goldman Sachs $GS 200D clear can move this one, gap above @ 335 if we do.. Again, gap below the 50D if we roll
By: Options Mike | November 12, 2023

• $GS 200D clear can move this one, gap above @ 335 if we do..

Again, gap below the 50D if we roll.



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Goldman Sachs Group $GS nice move to the 200D already, gap @ 334 area if it goes higher then 345. Under the 50D gap to fill
By: Options Mike | November 5, 2023

• $GS nice move to the 200D already, gap @ 334 area if it goes higher then 345.

Under the 50D gap to fill.



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Goldman profit tops estimates as dealmaking cushions hit from GreenSky, real estate
By: Investing | October 17, 2023

(Reuters) -Goldman Sachs' third-quarter profit dropped less than expected as a nascent recovery in dealmaking offset the $864 million writedown related to its GreenSky fintech business and real estate investments.

The Wall Street giant's net profit slumped 33% to $2.06 billion, or $5.47 per share, it said on Tuesday. Analysts on average had expected a profit of $5.31 per share, according to LSEG data.

Shares of the bank inched up 0.3% at $315.30 in volatile premarket trading.

"The work we're doing now provides us a much stronger platform for 2024. I also expect a continued recovery in both capital markets and strategic activity if conditions remain conducive," CEO David Solomon said in a statement.

Goldman was an underwriter for high-profile initial public offerings (IPO) in September, including SoftBank (TYO:9984) Group's chip designer Arm Holdings (NASDAQ:ARM) and grocery delivery app Instacart (NASDAQ:CART).

The share sales sparked optimism about a recovery in the IPO market, but poor performance after debuts and the lukewarm reception to Germany's sandal maker Birkenstock have raised doubts.

Goldman's investment banking fees of $1.55 billion was largely unchanged from last year as debt underwriting activity resumed and the market for initial public offerings picked up.

The U.S. Federal Reserve may raise interest rates one more time this year, while several bank executives have said they expected borrowing costs to stay higher for longer.

CONSUMER BANKING WEAKNESS LINGERS

Goldman's ill-fated foray into consumer banking, which has lost $3 billion over three years, continued to weigh.

The bank took a $506 million writedown on GreenSky, which facilitates home improvement loans for consumers and was sold to a consortium of investment firms led by Sixth Street Partners.

It was bought for $1.7 billion last year although it was valued at $2.2 billion when the deal was first announced in 2021. Goldman took a charge of $504 million on GreenSky in the second quarter.

Real estate investments were another drag on earnings as the bank booked an impairment charge of $358 million compared with $485 million in the second quarter.

That weighed on revenue from its asset and wealth management unit, which slipped 20% to $3.23 billion.

Commercial real estate loans, which have emerged as a risk for banks as interest rates rise, accounted for 14% of the total loan portfolio of Goldman.

Solomon has shifted the firm's focus back to its traditional strengths - investment banking and trading, and aims to grow in asset and wealth management.

Investment banking results have been mixed for peers, with JPMorgan Chase (NYSE:JPM) reporting a 6% decline in revenue, while Citigroup (NYSE:C) said fees jumped 34%. Morgan Stanley is set to report its earnings on Wednesday.

Goldman had a headcount of 45,900 as of September end, up 3% from a quarter ago, but down nearly 7% from the year-ago period.

The bank has laid off thousands of employees this year, including a round of cuts in January that was its largest since the 2008 financial crisis.

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