Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 13.38% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $1.18 would be kept by the premium seller. The risk of $8.82 would be incurred if the stock dropped below the $155.00 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 above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Goldman Sachs
Will Kroger (KR) Stock Be Affected By These Analyst Actions On Friday?
Fri, 20 Jun 2014 12:58:00 GMT
RBS to pay $99.5 mln to settle some FHFA mortgage claims
Thu, 19 Jun 2014 22:06:40 GMT
Financial information provider Markit's shares jump in debut
Thu, 19 Jun 2014 22:03:07 GMT
Reuters – * Bank shareholders raised about $1 billion from the offering * BofA, Barclays, Citigroup and Credit Suisse among lead underwriters (Adds closing price, link to the BREAKINGVIEWS column) June 19 (Reuters) – Shares of Markit Ltd rose as much as 12.5 percent in their market debut, valuing the financial data provider at $4.83 billion and raising about $1 billion for its 12 bank shareholders. All shares were offered by selling shareholders, which include Wall Street's biggest banks such as Bank of America Corp , Goldman Sachs Group Inc and JPMorgan Chase & Co .
RBS to pay $99.5 mln to settle some FHFA mortgage claims
Thu, 19 Jun 2014 21:47:31 GMT
Reuters – Royal Bank of Scotland Group Plc agreed on Thursday to pay $99.5 million to resolve a U.S. regulator's claims against the bank over Freddie Mac's purchase between 2005 and 2007 of mortgage-backed securities that later went sour. The Federal Housing Finance Agency said the accord related to litigation also naming Ally Financial Inc, which previously settled, as a defendant. The FHFA said it has now reached 15 settlements, totaling about $16.1 billion, stemming from lawsuits it filed in 2011 to recoup losses on roughly $200 billion of mortgage-backed securities purchased by Freddie Mac and Fannie Mae.
Chelsea Handler Inks Deal for Netflix Talk Show
Thu, 19 Jun 2014 21:36:09 GMT
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