Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $172.50 short call and a strike $177.50 long call offers a potential 11.11% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $172.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $4.50 would be incurred if the stock rose above the $177.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 43.46 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
PRESS DIGEST – Wall Street Journal – Aug 8
Fri, 08 Aug 2014 05:49:56 GMT
PRESS DIGEST – Wall Street Journal – Aug 8
Fri, 08 Aug 2014 05:49:56 GMT
Reuters – The following are the top stories in the Wall Street Journal. * President Barack Obama authorized targeted air strikes and emergency assistance missions in northern Iraq, saying the United States must act to protect American personnel and prevent a humanitarian catastrophe in the face of advances by violent Islamist militants. * Khazanah Nasional Bhd, Malaysia's state investment company, said it will buy out Malaysian Airline System Bhd as the first step in restructuring the ailing flag carrier hit by the high-profile loss of two of its flights this year. * The U.S. economy looks set to steadily accelerate after a weather-pummeled first-half crawl, but the most upbeat economists in The Wall Street Journal's monthly forecasting survey say the business sector holds the key to even stronger growth during the second half.
Trott Builds BDT Into Powerhouse on Security, Trust
Fri, 08 Aug 2014 04:12:20 GMT
Trott Once Goldman Buffett-Whisperer Adds Kochs to Wealthy Ties
Fri, 08 Aug 2014 04:00:01 GMT
3i hires Goldman Sachs to run potential sale of Agent Provocateur -NY Times
Fri, 08 Aug 2014 00:33:24 GMT
Reuters – UK Focus – London-based private equity firm 3i Group Plc had hired U.S. bank Goldman Sachs Group Inc to run a potential sale of British luxury lingerie retailer Agent Provocateur, the New York Times reported on Thursday, …
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