Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 long put offers a potential 8.11% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $155.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $9.25 would be incurred if the stock dropped below the $145.00 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 36.63 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
NY Fed wins dismissal of lawsuit by examiner who faulted Goldman
Wed, 23 Apr 2014 23:06:15 GMT
Reuters – * Carmen Segarra denied whistleblower protection over firing NEW YORK, April 23 (Reuters) – A federal judge on Wednesday dismissed a lawsuit against the Federal Reserve Bank of New York by a former bank examiner who claimed the Fed fired her after she refused to change certain findings about Goldman Sachs Group Inc. U.S. District Judge Ronnie Abrams in Manhattan ruled that the failure by the former examiner, Carmen Segarra, to connect her disclosure of Goldman's alleged violations to her May 2012 firing was “fatal” to her whistleblower lawsuit.
[$$] BNY Mellon Explores Sale of Corporate Trust Arm
Wed, 23 Apr 2014 23:02:51 GMT
Goldman Sachs Fixed Income Investor Conference Call
Wed, 23 Apr 2014 21:00:00 GMT
Business Wire – The Goldman Sachs Group, Inc. plans to host a Fixed Income Investor conference call on Thursday, May 1st at 11:30 a.m. with Harvey Schwartz, Chief Financial Officer and Liz Beshel Robinson, Treasurer.
Goldman, JPMorgan seek dismissal of aluminium price-fixing lawsuits
Wed, 23 Apr 2014 18:26:37 GMT
Goldman, JPMorgan seek dismissal of aluminum price-fixing lawsuits
Wed, 23 Apr 2014 18:22:39 GMT
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