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 8.93% return on risk over the next 17 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 $0.41 would be kept by the premium seller. The risk of $4.59 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 plans benchmark-size dollar sukuk issue
Thu, 04 Sep 2014 09:06:48 GMT
Goldman Sachs Vehicle Hires Five Banks to Sell Islamic Bonds
Thu, 04 Sep 2014 08:37:58 GMT
Goldman Sachs plans benchmark-size dollar sukuk issue -leads
Thu, 04 Sep 2014 07:25:22 GMT
Reuters – Goldman Sachs is preparing to issue benchmark-sized, U.S. dollar-denominated sukuk with a wakala structure after announcing plans to meet fixed income investors, according to leads. The investment bank …
PRESS DIGEST – Wall Street Journal – Sept 4
Thu, 04 Sep 2014 04:42:49 GMT
Reuters – The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. * Russian President Vladimir Putin pushed a cease-fire deal with …
PRESS DIGEST- New York Times business news – Sept 4
Thu, 04 Sep 2014 04:20:01 GMT
Reuters – The following are the top stories on the New York Times business pages. * Michael Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. He has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. * Stefan Green, formerly of Goldman Sachs Group Inc, has joined Perella Weinberg Partners as a partner.
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