Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $227.50 short put and a strike $222.50 long put offers a potential 33.33% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $227.50 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock dropped below the $222.50 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 64.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Key Trends In ETF Issuer Growth
Mon, 30 Dec 2019 09:53:01 +0000
The ETF market is growing, and the rising tide lifts all boats—but not evenly.
Goldman, JPMorgan Limit Impact of Regulation on Repo Trading: FT
Sun, 29 Dec 2019 15:12:35 +0000
(Bloomberg) — Goldman Sachs Group Inc. and JPMorgan Chase & Co. have found ways to trade in the U.S. repo market while limiting the impact of regulatory requirements, the Financial Times reported on Sunday.Goldman has in recent months, for example, started imitating repo trading using total return swaps that have lower capital requirements than regular repo trades, the FT said, citing people familiar with the bank’s operations. JPMorgan has encouraged clients to use “sponsored repo” deals, where a clearing house sits in between trades and “allows dealers to net transactions off against each other,” the FT said.The actions of the banks minimize their capital requirements and take pressure off the market at the end of the year, when lenders have tended to rein in repo activities, according to the FT.Goldman and JPMorgan, which both declined to comment to the FT, each trade almost $200 billion in the repo market every day. The New York Federal Reserve has been injecting cash into the repo market since September to make sure there is sufficient liquidity.To contact the reporter on this story: Deana Kjuka in Prague at dkjuka@bloomberg.netTo contact the editors responsible for this story: Katerina Petroff at kpetroff@bloomberg.net, James Amott, Neil ChatterjeeFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Goldman and JPMorgan tweak repo operations to limit Basel impact
Sun, 29 Dec 2019 02:02:29 +0000
Goldman Sachs and JPMorgan have found ways to keep trading in the $1.2tn US repo market while limiting regulatory burdens, potentially easing a cash crunch at the turn of the year. Both banks are key players in the repo market, exchanging cash for high-quality collateral like US government debt — a vital financing tool that hit trouble amid a squeeze on funding a couple of months ago, which sent borrowing rates sharply higher.
Word on the Street: Banking job cuts
Fri, 27 Dec 2019 17:24:03 +0000
Yahoo Finance’s Brian Cheung joins the On the Move panel to break down why the banking sector is cutting jobs.
Hacks and data breaches of 2019: what they say about the future of data in banking
Fri, 27 Dec 2019 16:51:26 +0000
Data breaches were in the spotlight again in 2019 as hackers accessed over 7.9 billion consumer records so far this year, with the biggest hacks including names like Marriott, Capital One and Facebook. MX Chief Advocacy Officer Jane Barratt joins Yahoo Finance's On the Move to discuss.
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