Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $200.00 short call and a strike $205.00 long call offers a potential 69.49% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $200.00 by expiration. The full premium credit of $2.05 would be kept by the premium seller. The risk of $2.95 would be incurred if the stock rose above the $205.00 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 33.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Goldman's Longshot Pick to Challenge Brazil's Banks Takes Off
Thu, 23 May 2019 08:00:16 +0000
It was 2016 and Goldman Sachs Group Inc. decided the time was right to pump money into a Sao Paulo startup looking to reinvent the country’s financial industry, starting with zero-fee credit cards. The venture, now widely known in Brazil as Nubank, for Nu Pagamentos SA, has reached 8.5 million consumers and sold private shares in itself with a $3.6 billion valuation. If it keeps expanding at its current rate, it will soon become the fourth-biggest card issuer in Latin America’s largest economy, and it’s starting to expand abroad.
Morgan Stanley and Goldman Sachs: the kingpins of tech IPOs
Thu, 23 May 2019 04:00:26 +0000
FT premium subscribers can click here to receive Due Diligence every day by email. Few on Wall Street or in Silicon Valley believe the battle between Morgan Stanley and Goldman Sachs will shake out the same way in one category. The next three banks — Bank of America, Allen & Co and Citigroup — earned less than a third of their bounty, according to data provider Refinitiv.
The safe and not-so-safe sectors in market, according to Cramer
Wed, 22 May 2019 22:46:06 +0000
This market's gotten real simple, real fast. We've got a new rubric to judge stocks. Too much Chinese exposure and you're toast. But if you've got little or no Chinese exposure, your stock can rally, even on a not-so-hot day like this one.
Goldman Sachs vs. Morgan Stanley: Comparing Business Models
Wed, 22 May 2019 21:01:34 +0000
Goldman Sachs and Morgan Stanley have distinct ways of doing business, with one focusing on high rewards and the other on caution.
Goldman Sachs Merchant Banking Division Raises $4.4 Billion for Broad Street Senior Credit Partners II
Wed, 22 May 2019 18:00:00 +0000
Goldman Sachs announced today that it has completed the final close for its latest performing senior credit vehicle, Broad Street Senior Credit Partners II .
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