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28.01.26 - 17:42
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"America Is Back!!": President Trump Celebrates S&P Topping 7,000 As ′Gamma Wall′ Looms (ZeroHedge)
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"America Is Back!!": President Trump Celebrates S&P Topping 7,000 As 'Gamma Wall' Looms
After continuously hitting the 'Gamma Wall' discussed by Goldman's Brian Garrett...
...the S&P 500 index opened higher this morning after strong results from ASML (and a slew of AI industry headlines), trading above 7,000 for the first time...
President Trump took the opportunity to exclaim "America Is Back!!"
Will that jinx it?
Maybe... but there's another potential problem.
Going back to where we started, GS futures strats calculate $6bn of long gamma at spot, which increases to $12bn long gamma +100bps higher
In English, a 100bps rally in spx cash creates supply of ~35,000 e-minis from market makers
Goldman's vol desk desk believes the 7,000 strike is the peak concentration...
...beyond this level, the market doesn't necessarily “flip short,” but the dynamic is much cleaner.
While many charts look "ready to break out" and calls are clearly bid (a benign FOMC...
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28.01.26 - 17:42
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USD Pops, Yen Drops As TsySec Bessent Says "Absolutely Not Intervening" (ZeroHedge)
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USD Pops, Yen Drops As TsySec Bessent Says "Absolutely Not Intervening"
US Treasury Secretary Scott Bessent told CNBC Sara Eisen this morning that "the US always has a strong dollar policy".
This statement comes after President Trump's apparent 'comfort' last night with the dollar declining...
When asked if he was worried about losses in the dollar, Trump told reporters in Iowa on Tuesday: “No, I think it's great.”
Bessent then dropped two more tapebombs...
While stating that "WE DON'T COMMENT ON INTERVENTION SPECULATION"...
Bessent then confirmed that "US IS 'ABSOLUTELY NOT' INTERVENING IN DOLLAR-YEN NOW"
This prompted yen weakness, retracing some of the post 'rate check' rally...
...and dollar strength...
This move comes minutes after Goldman Sachs Delta-One desk head warned: Near-term, feels dangerous to press dollar downside given how extreme the moves have been.
Tyler Durden
Wed, 01/28/2026 - 10:18...
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28.01.26 - 16:48
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Abby Joseph Cohen on AI Stocks, Investing Amid Dollar Weakness (Bloomberg)
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Abby Joseph Cohen, Columbia Business School professor and retired Goldman Sachs partner, discusses the outlook for AI-related stocks, investing amid a weakening US dollar and her concerns about the "erratic nature" on US policies on "Bloomberg Open Interest." (Source: Bloomberg)...
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28.01.26 - 15:42
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RTX Beats Q4 Expectations As Goldman Says 2026 Outlook Is On Track (Benzinga)
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RTX Corp (NYSE: RTX) reports strong Q4 results and in-line 2026 guidance, with neutral rating and $172 PT from Goldman Sachs analyst. Pratt, Collins, and Raytheon see growth.
Latest Ratings for RTX
DateFirmActionFromTo Mar 2022BarclaysMaintainsOverweight Mar 2022Morgan StanleyMaintainsOverweight Jan 2022Morgan StanleyMaintainsOverweight
View More Analyst Ratings for RTX
View the Latest Analyst Ratings
Importance Rank:
1
read more...
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28.01.26 - 05:06
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Goldman Vice Chair Kaplan on Fed Policy, Dollar (Bloomberg)
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Rob Kaplan, Vice Chairman at Goldman Sachs and former Dallas Fed President, discusses the outlook for Federal Reserve policy and the impact from a weaker dollar. He speaks with Stephen Engle from the sidelines of the Goldman Sachs Global Macro Conference Asia Pacific in Hong Kong. (Source: Bloomberg)...
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28.01.26 - 05:06
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Goldman′s Chen on China′s Commodity Demand, Metals (Bloomberg)
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Trina Chen, Co-Head of Greater China Equity Research and China Basic Materials and Agriculture Analyst at Goldman Sachs, discusses country's commodity demand and outlook on metals. She speaks with Stephen Engle from the sidelines of the Goldman Sachs Global Macro Conference Asia Pacific in Hong Kong. (Source: Bloomberg)...
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27.01.26 - 19:54
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Stocks Push to Record Highs | Open Interest 1/27/2026 (Bloomberg)
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Get a jump start on the US trading day with Matt Miller and Dani Burger on "Bloomberg Open Interest." Earnings season hits its busiest stretch as global stocks push toward record highs. Goldman's CEO lays out tailwinds—and risks—in a Bloomberg exclusive. GM CEO Mary Barra on navigating tariffs after earnings. Plus, insurers slide on a Medicare proposal, and hedge funds face a fierce talent crunch. (Source: Bloomberg)...
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