Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $257.50 short call and a strike $262.50 long call offers a potential 24.07% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $257.50 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock rose above the $262.50 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 40.5 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
‘Fraud.’ ‘Not willing to pooh-pooh.’ A list of what Wall Street CEOs have said about bitcoin
Tue, 09 Jan 2018 20:33:27 +0000
Seems not a day goes by without some Wall Street VIP or financial luminary deciding it’s time for them to weigh in on bitcoin and cryptocurrencies. Here’s a roundup of the latest high-profile statements….
[$$] Goldman Sachs to Invest in Bankrupt Real Industry Inc.
Tue, 09 Jan 2018 19:34:01 +0000
Goldman Sachs Group Inc. plans to lend $4 million to bankrupt Real Industry Inc. and to eventually spend about $10 million to buy common stock in the publicly traded company, which is sitting on almost …
2 Warren Buffett Stocks to Buy in January
Tue, 09 Jan 2018 12:13:00 +0000
Many of Berkshire Hathaway's stocks are looking expensive, but not these two.
Emirates NBD's Fox Says Oil Prices Helping Aramco IPO Estimates
Tue, 09 Jan 2018 04:55:05 +0000
Jan.08 — Emirates NBD Group Head of Research Chief Economist Tim Fox weighs in on the Aramco IPO and Saudi Arabian reforms. He speaks on "Bloomberg Markets: Middle East."
MOVES-Goldman names global head of financial, strategic investor M&A
Mon, 08 Jan 2018 15:32:54 +0000
Goldman Sachs Group Inc has named Dave Friedland as its new global head of financial and strategic investor mergers and acquisitions, a spokesman said on Monday. Friedland, who was named a partner at the Wall Street bank in 2014, is currently the head of M&A for the real estate and consumer retail groups and also co-chairs the global fairness committee, according to a company memo.
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