Goldman Sachs (GS) Offering Possible 60% Return Over the Next 30 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 $310.00 short call and a strike $320.00 long call offers a potential 60% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $310.00 by expiration. The full premium credit of $3.75 would be kept by the premium seller. The risk of $6.25 would be incurred if the stock rose above the $320.00 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 43.34 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

Goldman Sachs allowing more time off for partners and managing directors, reports say
Tue, 17 May 2022 12:11:01 +0000
Goldman Sachs Group Inc. is now offering more flexible vacation time for partners and managers, according to reports citing an internal memo at the marquee investment bank. Senior staff may “take time off when needed without a fixed vacation day entitlement” according to the memo as cited over the weekend by The Telegraph and other publications. The policy marks a departure from the hard-charging world of Wall Street banks, but brings Goldman more in line with policies at companies outside of th

India’s Byju’s Eyes Chegg or 2U as It Weighs US Acquisition
Tue, 17 May 2022 01:20:45 +0000
(Bloomberg) — Byju’s, an India online education startup, is in discussions to acquire a US target and likely to bid for either Chegg Inc. or 2U Inc., according to people familiar with the matter. Most Read from BloombergMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineOne-Time Richest Singapore Tycoon Has Lost 80% of His FortuneU.S. Stocks Extend Losses in Late Session Selloff: Markets WrapMusk Says Twitter Deal at Lower Price Is

Walmart targets college grads for manager jobs, Goldman Sachs offers unlimited vacation days
Mon, 16 May 2022 20:13:17 +0000
Yahoo Finance Live looks at Walmart's latest recruiting strategy, promising a career ladder that could lead to salaries of up to $200,000,s a Goldman Sachs offers senior-level employees unlimited vacation days.

Goldman Sachs slashes U.S. GDP forecast, warns of recession risk
Mon, 16 May 2022 13:24:23 +0000
Yahoo Finance Live anchors discuss Goldman Sachs Senior Chairman Lloyd Blankfein’s U.S. recession warning.

Carlyle Agrees to Buy US Government Contractor ManTech for $3.9 Billion
Mon, 16 May 2022 12:48:07 +0000
(Bloomberg) — Carlyle Group Inc. agreed to acquire ManTech International Corp. in a deal valuing the US government contractor at about $3.9 billion. Most Read from BloombergMeet the Hedge-Fund Manager Who Warned of Terra’s $60 Billion ImplosionOmicron Is Turning Out to Be a Weak VaccineOne-Time Richest Singapore Tycoon Has Lost 80% of His FortuneU.S. Stocks Extend Losses in Late Session Selloff: Markets WrapMusk Says Twitter Deal at Lower Price Is ‘Not Out of the Question’The buyout firm will p

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