Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $185.00 short call and a strike $195.00 long call offers a potential 25.31% return on risk over the next 39 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $2.02 would be kept by the premium seller. The risk of $7.98 would be incurred if the stock rose above the $195.00 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 35.58 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
Ex-Goldman, Noble trader's new hedge fund gains 11 pct in September
Tue, 14 Oct 2014 08:48:56 GMT
Reuters – UK Focus – * The Hong Kong-based hedge fund was launched in August LONDON, Oct 14 (Reuters) – Guard Capital, a macro hedge fund firm launched by two former top traders at Goldman Sachs (NYSE: GS-PB – news) and Noble Group in August, gained 11.2 percent in value last month as its currency and interest rate bets paid off, a letter to investors obtained by Reuters showed. Macro hedge funds, which focus on major economic trends and bet anywhere they see value, including stocks, currencies, bonds, commodities and derivatives markets, ended their struggle to make money this year amid a return in volatility in the foreign exchange market last month. The index tracks returns from macro hedge funds globally.
Ex-Goldman, Noble trader's new hedge fund gains 11 pct in Sept.
Tue, 14 Oct 2014 07:33:01 GMT
Reuters – UK Focus – Guard Capital, a macro hedge fund firm launched by two former top traders at Goldman Sachs and Noble Group in August, gained 11.2 percent last month as its currency and interest rate bets paid off, a letter …
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