Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $160.00 short put and a strike $150.00 long put offers a potential 8.81% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $160.00 by expiration. The full premium credit of $0.81 would be kept by the premium seller. The risk of $9.19 would be incurred if the stock dropped below the $150.00 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 55.77 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 wins pay dispute with former trader- filing
Fri, 21 Mar 2014 00:10:54 GMT
Goldman Sachs wins pay dispute with former trader- filing
Fri, 21 Mar 2014 00:08:50 GMT
Reuters – Goldman Sachs Group Inc has won a pay dispute with a former employee known for his role in shorting the U.S. housing market in the run-up to the financial crisis, according to a arbitration ruling this week. Deeb Salem, who worked on Goldman's mortgage trading desk, had been seeking more than $21 million in compensation as well as legal costs and other penalties, according to the ruling by a Financial Industry Regulatory Authority arbitration panel. “I am as competitive as Michael Jordan,” Salem wrote, according to Senate documents.
Fed stress tests find US banks could take big hit
Thu, 20 Mar 2014 23:16:14 GMT
Financial Times – Federal Reserve stress tests found Bank of America, Morgan Stanley and Goldman Sachs would suffer huge losses in a financial crisis, curbing their ability to return capital to shareholders. All the major …
Goldman Estimates Higher Capital Ratio Than Fed in Stress Test
Thu, 20 Mar 2014 22:51:39 GMT
Goldman Exceeds Fed Minimum Capital Level Under Stress Scenario
Thu, 20 Mar 2014 21:27:18 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook