Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $187.50 short put and a strike $182.50 long put offers a potential 16.82% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $187.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock dropped below the $182.50 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 62.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Square sets IPO price range, would be valued below last private round
Fri, 06 Nov 2015 11:36:14 GMT
Fortune – Square plans to be valued at around $4 billion, well below what private market investors were willing to pay.
Are Markets Leading the Federal Reserve?
Fri, 06 Nov 2015 09:42:16 GMT
[$$] Goldman Sachs Sweetens Deal for Young Bankers
Fri, 06 Nov 2015 06:21:16 GMT
The Wall Street Journal – Goldman Sachs is making a renewed effort to keep its junior bankers happy. Just a few years after scrapping its two-year analyst program for investment bankers, the Wall Street firm is bringing back the …
PRESS DIGEST- New York Times business news – Nov 6
Fri, 06 Nov 2015 05:32:25 GMT
Reuters – The following are the top stories on the New York Times business pages. – The New York attorney general has begun an investigation of Exxon Mobil Corp to determine whether the company lied to the public about the risks of climate change or to investors about how such risks might hurt the oil business. – European Union officials on Thursday put a positive economic spin on the bloc's refugee crisis.
[$$] Ex-Goldman Employee Barred From Banking for Obtaining Fed Secrets
Fri, 06 Nov 2015 01:28:34 GMT
The Wall Street Journal – Rohit Bansal pleaded guilty to obtaining confidential documents from the U.S. central bank.
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