Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $225.00 short put and a strike $215.00 long put offers a potential 19.76% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $225.00 by expiration. The full premium credit of $1.65 would be kept by the premium seller. The risk of $8.35 would be incurred if the stock dropped below the $215.00 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 at 68.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Morgan Stanley M&A Prowess to Remain Strong; Google Dealt Another EU Fine–ICYMI
Wed, 18 Jul 2018 23:22:00 +0000
reported earnings that showed the bank benefiting from increased trading revenue and tax benefits. Morgan Stanley was also no slouch in M&A where they continued to be one of the leaders in the bulge bracket. Morgan Stanley advised or providing financing on 142 deals in H1 according to data from The Deal, just behind Goldman's 162.
Jim Cramer: 6 Stocks That Mr. ‘Anti-FANG' Loves
Wed, 18 Jul 2018 23:01:00 +0000
Given that we created the name “FANG” five years ago, it does grate on me that we've become endless devotees as they have grown more and more expensive, something that happens when your stock goes up and up and up without any news.
Goldman Sachs vs. Morgan Stanley: The Battle for M&A Dollars
Wed, 18 Jul 2018 20:29:00 +0000
Goldman Sachs financed and advised 162 deals in the first half of 2018, according to fresh data from TheStreet's sister publication The Deal.
CNBC EXCLUSIVE: CNBC’S JIM CRAMER INTERVIEWS EDGAR WACHENHEIM III FROM CNBC INSTITUTIONAL INVESTOR DELIVERING ALPHA CONFERENCE
Wed, 18 Jul 2018 18:51:00 +0000
Following is the unofficial transcript of a CNBC EXCLUSIVE interview with Edgar Wachenheim III, Greenhaven Associates Founder, Chief Executive Officer and Chairman, live from the CNBC Institutional Investor Delivering Alpha Conference in New York City on Wednesday, July 18th. JIM CRAMER: Thank you so much, Ed, for coming on. JIM CRAMER: Okay.
Morgan Stanley Reveals Strong Quarterly Earnings
Wed, 18 Jul 2018 18:45:27 +0000
Morgan Stanley (MS) revealed strong quarterly earnings, partly due to a rise in trading over a tumultuous year. Morgan Stanley saw second quarter earnings jump 39% year-over-year. Despite the escalating global tensions and ongoing trade war concerns, investment fnds and corporations have not scaled back demand for Morgan Stanley's services to trade securities, advise on deals and arrange financing.
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