RunningAlpha1

Goldman ( GS ) to lead financials & banks higher throughout 2015

Long
NYSE:GS   Goldman Sachs Group, Inc. (The)
Goldman Sachs Group ( $GS ) has been showing strong signs of absolute and relative strength since busting out of its Dec 2014 highs over the past several weeks. Strong intermediate term support remains at the lows of the weekly bar ending on May 22nd -- at a level of near $200.00. Given how well Goldman has been holding up on down days in the $ES_F (e-mini S&P 500 Futures ) of late, it is likely that it is clear sailing ahead until at least $230 to $235 level, which equates with the November 2007 highs. Longer term, over the next couple years, it appears as though significantly higher highs are likely, with fairly persistent price increases.

Rising Net Interest Margin as Rates begin to Rise and Improving Economic Activity in the Back half of 2015, as evidenced by signs in some employment data, as well as a steepening yield curve are a few supporting factors. But, more than anything else, new investigations into the science of crowd physics and investor perceptions by RunningAlpha.com sources are revealing new insights that technical, behavioral, and fundamental analysis cannot see. Check out the resource section to learn more about this new method for high-impact decision-making. Stay tuned for further updates.

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