Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 13.12% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $1.16 would be kept by the premium seller. The risk of $8.84 would be incurred if the stock dropped below the $160.00 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 71.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Moody's takes action on $33.3 Million of Prime Jumbo RMBS issued by Goldman Sachs
Tue, 24 Dec 2013 00:01:05 GMT
Moody's – New York, December 23, 2013– Moody's Investors Service has downgraded the ratings of three tranches and upgraded the rating of one tranche issued by Goldman Sachs. The tranches are backed by Prime Jumbo …
Goldman Sachs Paris Inc., et Cie — Moody's withdraws issuer ratings of Goldman Sachs Paris Inc., et Cie
Mon, 23 Dec 2013 21:17:03 GMT
Moody's – New York, December 23, 2013– Moody's Investors Service has today withdrawn Goldman Sachs Paris Inc., et Cie' s backed issuer ratings of Baa1 and Prime-2. Moody's has withdrawn the rating for its own business …
Nimble Storage: Great Offering, Great Appeal, Too High Valuation
Mon, 23 Dec 2013 21:11:00 GMT
Seeking Alpha – Nimble Storage ( NMBL ) made its public debut on Friday, December 13. Shares of the provider of efficient data storage ended their first day with gains of 61.6% at $33.93 per share.
Morgan Stanley Sells Global Oil Merchanting Unit
Mon, 23 Dec 2013 20:10:06 GMT
Zacks – Morgan Stanley took another step in distancing itself from commodities operations by announcing the sale of its Global Oil Merchanting unit.
Facebook to Face IPO Lawsuit
Mon, 23 Dec 2013 19:37:46 GMT
Zacks – Facebook and a number of banks are likely to face a lawsuit for providing misleading information to investors prior to the social media giant's initial public offering.
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