Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $350.00 short call and a strike $360.00 long call offers a potential 39.86% return on risk over the next 20 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $350.00 by expiration. The full premium credit of $2.85 would be kept by the premium seller. The risk of $7.15 would be incurred if the stock rose above the $360.00 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 below 20 which suggests that the stock is in oversold territory.
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
Abrdn sells 4% stake in insurer Phoenix Group for £264m
Fri, 28 Jan 2022 10:01:45 +0000
The amount Abrdn shareholders will receive will be announced after the company publishes its results on 1 March
China Fintech PingPong Weighing $1 Billion Hong Kong IPO, Sources Say
Fri, 28 Jan 2022 08:33:51 +0000
(Bloomberg) — Chinese fintech startup PingPong is considering an initial public offering in Hong Kong to raise as much as $1 billion, people with knowledge of the matter said.Most Read from BloombergApple to Rival Square by Turning iPhones Into Payment TerminalsStocks Drop in Roller-Coaster Ride for Wall Street: Markets WrapCrypto Secrecy Makes DeFi a Financial Felon’s WonderlandHow a Fox News Interview Threw the Antiwork Subreddit Into ChaosAmericans’ Gas Stoves Are as Bad for Climate as 500,0
Emfo, Llc Buys BHP Group, P3 Health Partners Inc, American Express Co, Sells Foresight …
Thu, 27 Jan 2022 22:38:32 +0000
Investment company Emfo, Llc (Current Portfolio) buys BHP Group, P3 Health Partners Inc, American Express Co, CubeSmart, Unum Group, sells Foresight Acquisition Corp, Amgen Inc, 3M Co, SPDR Gold Shares ETF, FedEx Corp during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Emfo, Llc.
Livingston Group Asset Management CO (operating as Buys Blackstone Inc, Microsoft Corp, …
Thu, 27 Jan 2022 22:38:25 +0000
Investment company Livingston Group Asset Management CO (operating as (Current Portfolio) buys Blackstone Inc, Microsoft Corp, Advanced Micro Devices Inc, Nutrien, NVIDIA Corp, sells The Home Depot Inc, Vanguard Information Technology ETF, Cardinal Health Inc, Boswell (JG) Co, Vanguard Mega Cap Value ETF during the 3-months ended 2021Q4, according to the most recent filings of the investment company, Livingston Group Asset Management CO (operating as.
Wall Street gyrations may thwart deal closings, IPO outlook
Thu, 27 Jan 2022 18:46:22 +0000
In terms of doing mergers and acquisitions and raising money through initial public offerings, 2021 was huge. But 2022 may be vastly different.
Related Posts
Also on Market Tamer…
Follow Us on Facebook