Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $225.00 short call and a strike $235.00 long call offers a potential 16.28% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $1.40 would be kept by the premium seller. The risk of $8.60 would be incurred if the stock rose above the $235.00 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 29.43 level which suggests that the stock is neither overbought nor oversold at this time.
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
A rich Gary Cohn got even richer by working for Donald Trump
Sat, 22 Apr 2017 05:00:46 +0000
The chief economic adviser was required to sell his Goldman Sachs shares — and he did so tax-free and with perfect timing, writes Brett Arends.
[$$] Goldman Goes Beyond Annual Review With Real-Time Employee Feedback
Sat, 22 Apr 2017 04:08:02 +0000
Goldman Sachs is rolling out a new review system where employees can get ongoing feedback from their managers and peers, as the Wall Street firm seeks to supplement its annual review process with more …
Dow 30 Stock Roundup: AmEx, UNH Beat; Goldman, JNJ, Verizon Disappoint
Fri, 21 Apr 2017 21:56:09 +0000
The index experienced a volatile week, guided by geopolitical events, earnings and oil prices.
Stock Market Roundup, April 21: French Election, Earnings Recap
Fri, 21 Apr 2017 21:03:09 +0000
In a fitting tribute to what was a hesitant week of trading, stocks closed lower on Friday amid uncertainty over the outcome of this weekend's French elections and concerns in South Korea related to the North's military celebration next week.
Week In Review: Dow Rebounds On Trump; IBM, Netflix, Goldman Disappoint
Fri, 21 Apr 2017 20:25:34 +0000
The Dow industrials hit a two-month low midweek, but revived Trump agenda talk revived the market, even as IBM, Goldman and Netflix results disappointed.
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