Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $237.50 short put and a strike $232.50 long put offers a potential 25.94% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $237.50 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock dropped below the $232.50 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 at 58.64 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
Where to find value at record highs
Tue, 28 Aug 2018 21:26:00 +0000
Finding value at record highs. Value trade or trap? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Brian Kelly, Steve Grasso and Guy Adami.
Marcus by Goldman Sachs® Partners with HouseCanary® to Launch Home Addition Calculator
Tue, 28 Aug 2018 13:25:00 +0000
Today Marcus by Goldman Sachs® announces the new Home Addition Calculator, created in partnership with HouseCanary®, a leading data analytics and valuation platform for real estate professionals. The Home Addition Calculator is an innovative tool which helps homeowners to calculate the estimated adjusted value of a home addition. The creation of the free calculator is part of Marcus’ commitment to provide personalized products and resources to help consumers take control of their finances.
Goldman teams up with a real estate startup in push to make more home-improvement loans
Tue, 28 Aug 2018 13:11:00 +0000
The Wall Street firm known for advising the powerful and wealthy is now positioning itself as an advocate for the ordinary, debt-strapped consumer.
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Tue, 28 Aug 2018 10:00:00 +0000
If you ask a recruiter how to land a great job on Wall Street straight out of college, he will probably say the best way is through connections and a degree from an Ivy League school or one of a handful of other elite universities known as target schools. Despite reported efforts to increase diversity, Wall Street workers are still predominantly white and male. While a well-placed family friend and a degree from Harvard may open doors, people without these advantages have succeeded on Wall Street.
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