Goldman Sachs (GS) Offering Possible 36.99% Return Over the Next 14 Calendar Days

Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $375.00 short put and a strike $370.00 long put offers a potential 36.99% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $375.00 by expiration. The full premium credit of $1.35 would be kept by the premium seller. The risk of $3.65 would be incurred if the stock dropped below the $370.00 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 53.95 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

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How private capital and public policy are working in tandem to uplift black women in the workplace
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Goldman Sachs Partner, Margaret Anadu, joins Yahoo Finance to discuss the Goldman Sachs initiative to uplift black women in the workplace by investing $10 billion over the next ten years and the impact of the ‘one million black women’ initiative on the community moving forward.

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Goldman Sachs Just Reported a Monster Quarter — Will the Strong Results Continue?
Tue, 03 Aug 2021 11:03:00 +0000
For the second consecutive quarter, Goldman Sachs (NYSE: GS) has delivered revenue and earnings that shattered even the most optimistic expectations. In this Fool Live video clip, recorded on July 19, Fool contributor Matt Frankel, CFP, and Industry Focus host Jason Moser discuss the numbers and what investors should know about them. Jason Moser: In regard to investment banking, investment banking, I think, has really had an interesting period of time here, particularly with all these IPOs, the SPAC movement, there's just been a lot of business to underwrite lately.

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