Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $175.00 short call and a strike $180.00 long call offers a potential 15.74% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $175.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock rose above the $180.00 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 57.05 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Aug. 5 Premarket Briefing: 10 Things You Should Know
Tue, 05 Aug 2014 10:46:00 GMT
Is Asia's ‘forgotten' market poised to take off?
Tue, 05 Aug 2014 06:33:03 GMT
CNBC – South Korean stocks have been left out of the global market rally this year, but the market is back on investors' radars following new government policies to address the age-old issue of Korea Inc: the …
[$$] Goldman Sachs Dumps Weaker Hedge-Fund Clients
Tue, 05 Aug 2014 04:11:53 GMT
The Wall Street Journal – Goldman Sachs is upending the way it does business with hedge funds, jettisoning less-profitable clients and increasing some fees on others as it adapts to new banking rules, people familiar with the matter …
Goldman rethinks services it provides to hedge funds -WSJ
Tue, 05 Aug 2014 00:22:44 GMT
Reuters – Goldman Sachs Group Inc is jettisoning less-profitable hedge-fund clients and raising fees on others as it tries to adapt to new banking rules, the Wall Street Journal reported on Monday, citing people familiar with the matter. The bank has told hedge fund clients the regulations have forced it to set aside more capital, crimping profits at its prime-brokerage business, which executes and finances the funds' trades, the newspaper said. The investment bank is also pulling the firm's own cash out of its largest internal hedge fund to comply with the new regulations, the Journal reported, citing sources. Goldman Sachs was not immediately available for comment.
[$$] Goldman Hires Barclays's Ex-Head of M&A
Mon, 04 Aug 2014 21:02:21 GMT
The Wall Street Journal – Goldman Sachs Group has hired Barclays's former global head of mergers, Paul Parker, to be co-chairman of mergers and acquisitions.
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