Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $172.50 short put and a strike $167.50 long put offers a potential 13.9% 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 $172.50 by expiration. The full premium credit of $0.61 would be kept by the premium seller. The risk of $4.39 would be incurred if the stock dropped below the $167.50 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 69.59 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Goldman rebuked over £1m legal fees claim
Wed, 23 Jul 2014 17:18:54 GMT
Financial Times – Goldman Sachs' legal team has received a stinging rebuke from a high-court judge for running up “ludicrous” fees of £1m over a nine-month period in a relatively minor £8.8m lawsuit. Judge David …
Goldman Sachs Poised To Receive Boost From Increased Merger Activity In 2014
Wed, 23 Jul 2014 16:59:16 GMT
Goldman Sachs says BES investment was on behalf of clients
Wed, 23 Jul 2014 15:40:31 GMT
Goldman Sachs says BES investment was on behalf of clients
Wed, 23 Jul 2014 15:38:45 GMT
Reuters – Goldman Sachs's (GS.N) 2.27 percent interest in Portugal's Banco Espirito Santo(BES.LS) was acquired on behalf of clients, the U.S. investment bank said in a statement on Wednesday afternoon. Shares in BES soared as much as 19.6 percent Wednesday after the bank announced on Tuesday evening that Goldman Sachs Group had acquired the interest in the bank and U.S. hedge fund DE Shaw had taken a 2.71 percent position. “Goldman Sachs International has entered into positions in Banco Espirito (Santo) by virtue of its facilitation of client transactions,” the bank said in an emailed statement. “This activity has triggered a disclosure under the requirements of the Transparency Directive as implemented in Portugal.”
Goldman Wins $14.6 Million in Singapore Investor Clash
Wed, 23 Jul 2014 15:27:46 GMT
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