Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $255.00 short call and a strike $265.00 long call offers a potential 212.5% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $255.00 by expiration. The full premium credit of $6.80 would be kept by the premium seller. The risk of $3.20 would be incurred if the stock rose above the $265.00 long call 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 29.05 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
OTC crypto market flourishes, powered by Skype
Mon, 02 Apr 2018 18:46:34 +0000
NEW YORK/LONDON (Reuters) – Trading firms are negotiating buying, selling and lending digital currencies like bitcoin and ether over Skype, catering to big investors looking to avoid rocking already volatile online exchanges. Some 20 traders as well as clients such as wealthy investors, bitcoin miners, payment processors and, increasingly, hedge funds, have in around five years spawned an over-the-counter market moving hundreds of millions of dollars of cryptocurrencies daily, mostly via online messaging, participants told Reuters. “Generally, you would go trade through an OTC desk when you have a large block trade you want to do without moving the market too much or incurring too much slippage,” said Kevin Zhou, founder of cryptocurrency-focused hedge fund Galois Capital.
Equity ETFs Witnessed Net Outflows Last Week
Mon, 02 Apr 2018 17:30:02 +0000
Financials Had Solid Gains on March 26–29
ReNew Power buys Ostro Energy in one of India's biggest clean energy deals
Mon, 02 Apr 2018 17:04:53 +0000
ReNew Power, backed by Goldman Sachs and Canada Pension Plan Investment Board (CPPIB), said on Monday it has acquired Ostro Energy Private Ltd, backed by London-based Actis LLP, in one of India's biggest renewable energy deals. ReNew did not disclose financial details, but two sources familiar with the matter said Ostro was acquired for an enterprise value of about 100 billion rupees ($1.54 billion), which includes debt and equity. The equity component of about 40 billion Indian rupees ($614.34 million), was partly funded by CPPIB, and the rest of it was funded by ReNew's cash, one of the sources said.
US Investment Banks Earned Record Fees in 2017
Mon, 02 Apr 2018 16:00:02 +0000
Financials Had Solid Gains on March 26–29
Financials Notched Solid Gains Last Week
Mon, 02 Apr 2018 14:27:53 +0000
Financials Had Solid Gains on March 26–29Market posted a quarterly loss
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