Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $160.00 short call and a strike $170.00 long call offers a potential 20.05% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $160.00 by expiration. The full premium credit of $1.67 would be kept by the premium seller. The risk of $8.33 would be incurred if the stock rose above the $170.00 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 34.14 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
The Redbook and ICSC-Goldman Sachs Yearly Retail Indices recover
Tue, 15 Apr 2014 13:00:11 GMT
Marlin & Associates Advises Goldman Sachs Merchant Banking Division and Blackstone on Acquisition of Ipreo From KKR
Tue, 15 Apr 2014 10:00:00 GMT
Marketwired – Marlin & Associates, the boutique investment banking and strategic advisory firm, announced today that it advised private equity funds managed by Blackstone and by the Goldman Sachs Merchant Banking Division …
HPC sector upgraded to Neutral from Cautious at Goldman
Tue, 15 Apr 2014 09:25:03 GMT
Goldman Sachs Likes Europe Energy, Consumer Stocks
Tue, 15 Apr 2014 08:41:08 GMT
Canada's Onex, Cineplex team in lead to buy Dave & Buster's – WSJ
Tue, 15 Apr 2014 03:26:19 GMT
Reuters – Canadian private equity firm Onex Corp and entertainment company Cineplex Inc have together emerged as the leading contender to buy restaurant and arcade chain Dave & Buster's Inc, the Wall Street Journal reported, citing people familiar with the matter. Dave & Buster's, the Dallas-based operator of restaurants with games for grown-ups, which scrapped plans to go public in October 2012, has been working with Goldman Sachs Group Inc and Jefferies on the potential sale or initial public offering that could value the company at more than $1 billion, according to a Reuters exclusive in December last year. Dave & Buster's, Onex and Cineplex were not immediately available for comment outside regular U.S. business hours. Private equity firm Oak Hill acquired Dave & Buster's for $570 million in May 2010.
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