Goldman Sachs (GS) Offering Possible 37.36% Return Over the Next 9 Calendar Days

Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $205.00 short call and a strike $210.00 long call offers a potential 37.36% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $205.00 by expiration. The full premium credit of $1.36 would be kept by the premium seller. The risk of $3.64 would be incurred if the stock rose above the $210.00 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 25.01 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

2 Outperforming Solar Companies With High Financial Strength
Mon, 07 Oct 2019 21:54:52 +0000
Trump reverses decision regarding tariffs on bifacial solar panels Continue reading…

Is JPMorgan Stock A Buy Right Now? Here's What Earnings, Charts Show
Mon, 07 Oct 2019 17:53:50 +0000
JPMorgan Chase has the reputation of being the best-run banking giant. But is the stock a good buy right now? Here’s a look at the JPM stock chart and fundamentals.

Edited Transcript of GS earnings conference call or presentation 16-Jul-19 1:30pm GMT
Mon, 07 Oct 2019 17:43:22 +0000
Q2 2019 Goldman Sachs Group Inc Earnings Call

Malaysia says no talks with Goldman Sachs on recovering funds lost in 1MDB scandal
Fri, 04 Oct 2019 06:52:57 +0000
Malaysia's finance minister on Friday said there are no talks with Goldman Sachs Group Inc on the recovery of billions of dollars of state funds lost via the U.S. bank's former client 1Malaysia Development Bhd (1MDB), local media reported. Malaysia filed criminal charges last year against Goldman Sachs over its role as underwriter and arranger of three bond sales that raised $6.5 billion for the now-defunct state investment fund. The U.S. Department of Justice is investigating the bank for its role in the sales which involved fees higher than market rates.

Apple Just Made the World's Best Phone Camera: iPhone 11 Pro Review
Thu, 03 Oct 2019 21:00:16 +0000
(Bloomberg) — It’s been a while but, with the iPhone 11 Pro, Apple Inc. can once more claim the industry’s most capable smartphone cameras.Apple’s priciest mobile gadget represents the culmination of a strategic rather than hardware redesign — one that places the focus squarely on a device’s innards. From the front, the Pro looks much like the 2017 iPhone X. But flip it around and you’ll find the best camera system Apple’s ever devised. Use it for a while and you’ll experience the best battery life too. With what Phil Schiller dubbed the “first iPhone good enough to be called Pro,” Apple has mostly matched the specifications of Android rivals like Samsung Electronics Co. and Huawei Technologies Co., which have had multi-camera systems for years. But it’s also taken a step further through superior software implementation. Apple’s triple-camera system is ahead of the pack in switching smoothly between lenses when zooming in and out, keeping exposure and image quality consistent. That’s especially helpful in video, where the iPhone 11 Pro extends Apple’s established lead as the industry’s best mobile video camera.It’s part of the California giant’s new approach of selling services and industry-leading enhancements to a loyal fan base. Faced with a stagnating smartphone market and a user base happy with its existing devices, Apple this year stopped reporting product sales numbers and launched numerous initiatives to augment its growing portfolio. Apple Card got it into banking alongside Goldman Sachs Group Inc., Apple TV+ entered it into the streaming wars against the likes of Netflix Inc., and Apple Arcade turned it into a serious games publisher.Read more: Apple Bets on Cameras, New Pro Focus to Sell Latest IPhonesApple appears intent on reclaiming the mobile photography lead it lost when Google’s Pixel was released three years prior — because the camera is critical to any device, and the latest iPhones need an edge. That’s true even if you buy into expectations in some corners that iPhone demand will hold up despite global trade ructions and stiffening Chinese competition.Most impressive among Apple’s photo upgrades is the new night mode, which takes two to three seconds to capture a burst of images and then combines them into one. It works just like Google’s excellent Night Sight on Pixel devices, except Apple’s solution is simpler as it kicks in automatically when needed. Apple’s night photo quality matches or surpasses rival systems including Google’s.That means the iPhone’s camera is again top of its class, turning a point of weakness over the past few years into a strength. But it’s no slouch in other key areas, either.The battery life of both iPhone 11 Pro models is superb, giving the user confidence it will last through a busy day without recourse to a charger — which couldn’t be said of their predecessors, the iPhone XS and XS Max. A fast charger is finally included in the box with the new Pro iPhones (though not with the basic iPhone 11 model), and Apple has also embraced the gesture-typing popular on Android devices with its iOS 13 keyboard. The fluidity of Apple’s interface and animations remains unrivaled, aided by an upgraded A13 processor, which will let Apple build more augmented-reality applications while helping establish 4K video recording as the new iPhone standard. There’s still occasional sluggishness with navigation, which suggests next year’s iPhones might benefit from a greater memory allowance.Read more:  Without 5G, Apple’s New IPhones Risk Falling Behind in ChinaApple doesn’t strictly need to win any spec or performance contest. Because many users feel locked in to their chosen ecosystems, it’s sufficient for Apple to demonstrate that its best iPhones are among the leaders. That has historically allowed the company to bypass the rush to reinvent the smartphone every year with cutting-edge tech like bezel-less displays, pop-up cameras or so-called waterfall edges that turn the sides of the phone into display. Apple has the luxury of choosing which new tech to adopt and when.That being the case, the lack of fifth-generation networking in this year’s iPhone means Apple will miss out on a major upgrade cycle in China next year. Archrivals Samsung and Huawei already have 5G phones on the market.For the few people not committed to either iOS or Android already, the iPhone 11 Pro is also an invitation to join the Apple camp: It now offers top-notch camera quality alongside an extensive app ecosystem, effortless biometric security and consistently the best resale value.  To contact the authors of this story: Vlad Savov in Tokyo at vsavov5@bloomberg.netMark Gurman in Los Angeles at mgurman1@bloomberg.netTo contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net, Edwin ChanFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.