Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 44.93% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $1.55 would be kept by the premium seller. The risk of $3.45 would be incurred if the stock rose above the $205.00 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 71.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Want to Invest in a True ‘Value’ Fund? Good Luck Finding One
Mon, 04 Feb 2019 03:58:34 +0000
It’s a lot harder than you might think to invest in a portfolio of pure value stocks. Groundbreaking research by University of Chicago finance professor (and Nobel laureate) Eugene Fama and Dartmouth professor Ken French found that such stocks over the long term have significantly outperformed so-called growth stocks—those with the highest such ratios. To be sure, value stocks are coming off a decade in which they have significantly lagged behind growth, leading some to speculate that the so-called value effect no longer exists.
Goldman Distressed-Debt Trading Head Adam Savarese Is Leaving
Sun, 03 Feb 2019 19:57:12 +0000
Savarese, officially the co-head of leveraged-finance trading, is expected to depart in the coming weeks, according to people with knowledge of the matter. A spokesman for Goldman Sachs declined to comment. Savarese was seen as a protege of Justin Gmelich, a senior trading executive who hired him from Morgan Stanley.
CLASS ACTION UPDATE for GS, XRAY, AGN and DXC: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Sun, 03 Feb 2019 15:07:00 +0000
Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court and further details about the cases can be found at the links provided.
SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment The Goldman Sachs Group, Inc. of Class Action Lawsuit and Upcoming Deadline – GS
Sun, 03 Feb 2019 13:56:00 +0000
NEW YORK, NY / ACCESSWIRE / February 3, 2019 / Pomerantz LLP announces that a class action lawsuit has been filed against, The Goldman Sachs Group, Inc. (”Goldman Sachs” or the ”Company”) (NYSE: GS …
Goldman Sachs says 1MDB scandal could hit pay for top executives
Sat, 02 Feb 2019 04:12:55 +0000
The bank also introduced a new forfeiture provision in its annual compensation plans for both its most senior executives, current Chief Executive David Solomon and former head Blankfein, relating to the ongoing 1MDB proceedings. The move underscores the perils the 1MDB scandal still holds for Goldman, which is being investigated by Malaysian authorities and the U.S. Department of Justice for its role as underwriter and arranger of three bond sales that raised $6.5 billion (£5 billion) for 1Malaysia Development Berhad.
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