Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $185.00 short call and a strike $195.00 long call offers a potential 5.49% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $185.00 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $9.48 would be incurred if the stock rose above the $195.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Goldman Sachs is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 49.81 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
What Dow Dividend Investors Must Know About Buybacks
Sun, 19 Jan 2014 14:04:13 GMT
Motley Fool – Some argue that the Dow’s dividend yield is too low, but incorporating stock buybacks paints a much different picture of the average.
Update: Week Ending January 18, 2014
Sun, 19 Jan 2014 10:51:08 GMT
Seeking Alpha – The long awaited consolidation came, but it was not clear whether it was a one-day affair – Monday the 13th – as the charts suggest, or it is still going on, as my oscillators suggest. The consolidation …
General Electric: Valuation Model Still Suggests 30% Upside For This American Icon
Sun, 19 Jan 2014 05:06:07 GMT
Seeking Alpha – If bank earnings are any indication as to how this earnings season is going to turn out, investors are going to see some surprises to the downside. Goldman Sachs ( GS ) and Citigroup ( C ) disappointed …
Morgan Stanley bets on smaller bond unit, defying skeptics
Sat, 18 Jan 2014 06:36:29 GMT
Morgan Stanley bets on smaller bond unit, defying skeptics
Sat, 18 Jan 2014 06:36:29 GMT
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