Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $150.00 short put and a strike $140.00 long put offers a potential 5.71% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $0.54 would be kept by the premium seller. The risk of $9.46 would be incurred if the stock dropped below the $140.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Goldman Sachs is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is at 51.52 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Exit Shows Blankfein Still Rows Goldman
Tue, 22 Oct 2013 00:57:42 GMT
The Wall Street Journal – Goldman Sachs said J. Michael Evans, a vice chairman who helped lead an internal effort to improve the firm's business practices, would retire at year-end. He had been seen as a dark horse candidate to …
Power Grab Gone Wrong Doomed Goldman's Evans
Mon, 21 Oct 2013 23:19:18 GMT
Bloomberg – The announced year-end retirement of J. Michael Evans, the 56-year-old vice chairman of Goldman Sachs Group Inc., sends the not-so-subtle message to the firm's rank-and-file that in GoldmanWorld, raw power …
Brazil lifts suspension of Ser Educacional's public offering
Mon, 21 Oct 2013 23:08:07 GMT
Reuters – Brazil's securities industry watchdog CVM on Monday lifted the suspension of Grupo Ser Educacional SA's initial public offering after the education company included relevant tax information in the offering's …
GOLDMAN SACHS GROUP INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhib
Mon, 21 Oct 2013 21:23:28 GMT
Banks try to sell Rue21 bridge loan
Mon, 21 Oct 2013 20:43:03 GMT
Reuters – By Natalie Harrison NEW YORK, Oct 21 – Bank of America Merrill, Goldman Sachs and JP Morgan have approached investors to sell a US$250 million bridge loan that part-financed the buyout of teen clothing …
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