Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $185.00 short put and a strike $180.00 long put offers a potential 7.76% return on risk over the next 4 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $185.00 by expiration. The full premium credit of $0.36 would be kept by the premium seller. The risk of $4.64 would be incurred if the stock dropped below the $180.00 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 at 48.21 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
Has the Fed's ‘patience' been exhausted?
Sun, 15 Mar 2015 16:58:04 GMT
Reuters – For a world economy coming to terms with a soaring dollar and a plunge in oil prices, this week will be all about the U.S. Federal Reserve's policy meeting and its intentions on interest rates. A combination of the European Central Bank printing lots of euros and expectations of a first U.S. rate rise has caused turmoil on the foreign exchanges and in emerging markets. After successive months of strong jobs data, expectations have been growing that the Fed will point towards a June rate rise by dropping a pledge to be “patient” in considering such a move. Others expect the absence of inflation to hold sway.
Leon Cooperman Boosts Stake in Spin-Off Holding
Sun, 15 Mar 2015 00:32:10 GMT
8 Oil and Gas Stocks Analysts Want You to Buy
Sat, 14 Mar 2015 13:05:04 GMT
Goldman Sachs BDC IPO Leads Offers in Week of March 16
Sat, 14 Mar 2015 13:00:43 GMT
Goldman’s Buybacks May Not Be So Stressed
Sat, 14 Mar 2015 02:54:22 GMT
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