Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $175.00 short put and a strike $170.00 long put offers a potential 7.53% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $175.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $170.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Goldman Sachs is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Goldman Sachs is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Goldman Sachs
[$$] Goldman Sachs Made Big Loan to Banco Espírito Santo Shortly Before Collapse
Tue, 02 Sep 2014 13:07:46 GMT
The Wall Street Journal – As Portuguese lender Banco Espírito Santo neared collapse this summer, it found a Wall Street ally to help it raise badly needed funds: Goldman Sachs Group.
Portugal bank got Goldman Sachs loan before collapse: WSJ
Tue, 02 Sep 2014 08:48:18 GMT
Goldman Loaned Espirito Santo $835M Before Collapse
Tue, 02 Sep 2014 02:56:04 GMT
Portugal bank got Goldman Sachs loan before collapse: WSJ
Mon, 01 Sep 2014 22:48:18 GMT
AFP – Goldman Sachs stands to lose money on a multi-million euro loan it made to one of Portugal's largest banks a month before it collapsed, the Wall Street Journal reported on Tuesday. The US investment bank made the $835-million (635-million-euro) loan in July through a Luxembourg financing vehicle it created at a time when Banco Espirito Santo, on the verge of bankruptcy, found it nearly impossible to borrow money directly in capital markets, the newspaper said. The loan proved to be only a brief lifeline for BES, which was bailed out and dismantled in August. The Journal said Goldman Sachs would lose money on the previously undisclosed deal.
Goldman lent $835m to Banco Espírito Santo before bailout
Mon, 01 Sep 2014 16:08:29 GMT
Financial Times – Goldman Sachs made a $835m loan to Banco Espírito Santo a month before Portugal's largest listed lender by value was bailed out in a complicated deal that could inflict losses on the Wall Street investment …
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