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 18.76% return on risk over the next 16 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 $0.79 would be kept by the premium seller. The risk of $4.21 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Goldman Sachs
MOVES-Goldman Sachs promotes West Coast technology banker
Thu, 06 Nov 2014 23:34:49 GMT
Levin's committee plans showdown on banks in commodities
Thu, 06 Nov 2014 23:18:01 GMT
Levin's committee plans showdown on banks in commodities
Thu, 06 Nov 2014 23:11:00 GMT
Reuters – Senator Carl Levin's powerful committee will hold a two-day hearing later this month on Wall Street banks' ownership of physical commodities and assets from pipelines to warehouses, touching off a two-year probe into potential market abuses. The much-anticipated session by the Permanent Subcommittee on Investigations that he leads will take place on Nov. 20-21 and follows a bipartisan investigation into a decade-long expansion by Wall Street banks into the commodities supply chain. The probe into banks and commodities is seen as Levin's final target before retiring at the end of this year after serving on the investigations panel for about 15 years. “The objective of the hearing is to provide facts that have been missing from the public debate about the nature and extent of bank involvement with physical commodities and the impact and consequences of that involvement,” Levin said in a statement.
Ex-Goldman Sachs President Thornton Gets PineBridge Post
Thu, 06 Nov 2014 22:08:40 GMT
Senate’s Levin Sets 2-Day Hearing on Banks’ Commodity Businesses
Thu, 06 Nov 2014 19:28:36 GMT
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