Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $225.00 short call and a strike $230.00 long call offers a potential 38.12% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $225.00 by expiration. The full premium credit of $1.38 would be kept by the premium seller. The risk of $3.62 would be incurred if the stock rose above the $230.00 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 40.8 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
[$$] Have Stocks? Need Cash? Call Goldman Sachs
Thu, 27 Jul 2017 05:08:25 +0000
The Wall Street firm known for its investment banking and trading is moving deeper into retail lending with a new Fidelity Investments partnership. The deal enables Goldman to offer loans to roughly six …
[$$] Discovery and Scripps consider a combo to fight US media trends
Thu, 27 Jul 2017 04:53:15 +0000
Cable channel providers have been getting hit from a number of angles for some time: Major distributors have combined, millennials are “cutting the cord”, digital service providers like Netflix …
[$$] Goldman Expands Lending Business
Thu, 27 Jul 2017 04:21:06 +0000
Millions of Americans who want to borrow up to $25 million have a new potential lender: Goldman Sachs Group Inc.
Goldman launches new online lending strategy for mass affluent
Thu, 27 Jul 2017 04:04:51 +0000
The platform, called GS Select, will make loans of $75,000 to $25 million using borrowers' investment portfolios as collateral. To find customers, Goldman is partnering with Fidelity Investment's clearing and custody business, which caters to small brokerages and wealth management firms.
Goldman Partners With Fidelity to Offer Loans to Wealthy Clients
Thu, 27 Jul 2017 04:00:01 +0000
Goldman Sachs Group Inc. is again turning to technology to establish a foothold in a new market.
Related Posts
Also on Market Tamer…
Follow Us on Facebook