Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $180.00 short call and a strike $190.00 long call offers a potential 5.6% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $180.00 by expiration. The full premium credit of $0.53 would be kept by the premium seller. The risk of $9.47 would be incurred if the stock rose above the $190.00 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 36.23 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Goldman Looks to Ban Some Chat Services Used by Traders
Fri, 24 Jan 2014 01:13:36 GMT
The Wall Street Journal – Under a new policy being formulated, the Wall Street firm won't allow communication over third-party instant-messaging services created by Bloomberg, Yahoo and others in a bid to protect proprietary information….
[$$] Judge Says Goldman Must Face CDO Suit
Fri, 24 Jan 2014 00:49:47 GMT
The Wall Street Journal – The class-action suit alleges the Wall Street firm defrauded investors who bought collateralized-debt obligations at the start of the financial crisis.
Goldman to limit traders' use of chat services, WSJ says
Fri, 24 Jan 2014 00:20:59 GMT
theflyonthewall.com – Goldman to limit traders' use of chat services, WSJ says
Morgan Stanley CEO Gorman gets $4.9 million stock award: filing
Fri, 24 Jan 2014 00:20:02 GMT
Morgan Stanley CEO Gorman gets $4.9 million stock award: filing
Fri, 24 Jan 2014 00:16:43 GMT
Reuters – Morgan Stanley (MS) Chief Executive James Gorman received a $4.9 million stock bonus for his performance in 2013, up 86 percent from the year before, according to a regulatory filing, as the company's income jumped. A spokesman declined on Thursday to provide more information about Gorman's full 2013 pay package, which will be detailed in Morgan Stanley's annual proxy filing later this year. The board noted in a March proxy filing that Morgan Stanley's financial performance had been “subpar” in 2012. The key measure of that performance – return-on-equity – was 5.2 percent in 2012, adjusted for one-time accounting charges, and did not rise in 2013.
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