Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $245.00 short put and a strike $235.00 long put offers a potential 5.15% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $245.00 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $9.51 would be incurred if the stock dropped below the $235.00 long put 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 35.17 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
MOVES-Goldman Sachs names Ryan co-head of Americas M&A
Tue, 03 Apr 2018 21:41:03 +0000
Goldman Sachs Group Inc on Tuesday appointed Colin Ryan, one of its top investment bankers in its technology, media and telecom group in San Francisco, as co-head of mergers and acquisitions in the Americas. Ryan will work alongside existing Americas M&A head Stephan Feldgoise to expand the bank's market share in deals in the region, Goldman Sachs' investment banking co-heads Gregg Lemkau, John Waldron and Marc Nachmann wrote in an internal memo on Tuesday that was confirmed by a Goldman Sachs spokeswoman.
Goldman’s Latest Push: Managing Cash for Big Companies
Tue, 03 Apr 2018 18:05:00 +0000
Goldman Sachs Group Inc. is quietly plotting a move into commercial banking, hiring a senior JPMorgan Chase & Co. engineer to build a suite of cash management tools, deposit accounts and other products for big companies, according to people familiar with the plans. Hari Moorthy is joining as a partner from JPMorgan, where he was a managing director working on commercial-banking technology. It is a somewhat unorthodox move for Goldman, which is better known for its advice on mergers and capital raising.
Spotify's Very Weird, Suspenseful IPO Launches Today
Tue, 03 Apr 2018 15:57:00 +0000
Spotify shares will sell directly to investors without underwriting from a big bank.
Macquarie, Goldman Sachs funds to buy port terminal group HES International – statement
Tue, 03 Apr 2018 14:49:57 +0000
Infrastructure funds managed by Macquarie and Goldman Sachs have agreed to buy Dutch port terminals operator HES International from owners Riverstone and The Carlyle Group, they said on Tuesday. Terms …
Goldman Sachs: Bullish on Gold for the 1st Time in 5 Years
Tue, 03 Apr 2018 14:27:45 +0000
Goldman Sachs (GS) has turned positive on gold (GLD) for the first time in more than five years. As reported by CNBC, Goldman Sachs noted on March 26 that it expects gold prices to “outperform” in the coming months.
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