Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 9.29% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $9.15 would be incurred if the stock dropped below the $145.00 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 39.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Goldman, UBS Alumni Redefine Boutique as Tiny Firms Win
Tue, 22 Apr 2014 23:01:00 GMT
Goldman Sachs Stands Firm as Banks Exit Commodity Trading
Tue, 22 Apr 2014 23:00:03 GMT
Goldman buys Westpeak in drive for ‘smart beta' assets
Tue, 22 Apr 2014 22:04:03 GMT
Reuters – Goldman Sachs Group Inc's asset-management business has agreed to buy Westpeak Global Advisors, a firm that aims to beat market indexes by using factors other than company size to pick stock investments. The deal, disclosed on Tuesday, comes as Goldman is working to bulk up its asset management unit, partly by strengthening its quantitative product offerings. Westpeak creates and distributes its investment strategies through alliances with companies including FTSE Group, Russell Investment Group and Natixis. In an interview, Armen Avanessians, the head of Goldman Sachs Asset Management's quantitative business, and Gary Chropuvka, its head of customized and tax efficient beta businesses, said the deal was attractive because Westpeak's products complemented GSAM's existing offerings and because its employees were a good cultural fit within the Wall Street bank.
Goldman buys Westpeak in drive for ‘smart beta' assets
Tue, 22 Apr 2014 21:20:42 GMT
Dow Today: Goldman Sachs Group (GS) Leads The Day Higher, Procter & Gamble (PG) Lags
Tue, 22 Apr 2014 20:30:00 GMT
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