Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $267.50 short call and a strike $272.50 long call offers a potential 64.47% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $267.50 by expiration. The full premium credit of $1.96 would be kept by the premium seller. The risk of $3.04 would be incurred if the stock rose above the $272.50 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 53.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Equitable Life hires Goldman Sachs to examine possible sale
Thu, 01 Mar 2018 05:00:49 +0000
Equitable Life , the British mutual insurer that came close to collapse , has hired Goldman Sachs to examine a possible sale of the business. Equitable, one of the oldest life insurance companies in the …
Goldman Sachs CEO's Bangalore Bonus Comes Courtesy of India Offshoring
Wed, 28 Feb 2018 21:00:00 +0000
The Goldman Sachs board of directors gave CEO Lloyd Blankfein a 9% pay raise in 2017 to $24 million, and he may have his lower-paid workers in India and Poland to thank.
Mike Mayo Sees 'Better Times Ahead' for JPMorgan
Wed, 28 Feb 2018 17:11:21 +0000
Feb.28 — Mike Mayo, head of U.S. large-cap bank research at Wells Fargo & Co., discusses the outlook for JP Morgan Chase & Co. and Goldman Sachs Group Inc. He speaks with Bloomberg's Alix Steel on "Bloomberg Daybreak: Americas."
Goldman Sachs Is Totally Slumming It
Wed, 28 Feb 2018 16:52:00 +0000
Trying to make a buck in the post-crisis era, Goldman Sachs is pushing into businesses it one turned its nose up at. Goldman’s Salt Lake City-based Marcus unit has already lent $2.5 billion and counts 350,000 customers across loans and savings accounts. In the works are checkout-counter loans for shoppers, wealth management and household-budgeting tools for the masses as well as insurance, mortgages and car loans, reports The Wall Street Journal.
Goldman Sachs expands push into consumer banking
Wed, 28 Feb 2018 16:23:30 +0000
The bank that once represented the elite of Wall Street is aggressively moving into consumer products.
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