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 5.93% return on risk over the next 37 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 $0.56 would be kept by the premium seller. The risk of $9.44 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 46.3 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
PRESS DIGEST- British Business – Jan 17
Fri, 17 Jan 2014 02:29:42 GMT
Reuters – The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Telegraph BANKS MUST SELL ‘SIGNIFICANT' …
Here’s Why Investors Were Disappointed With Goldman Sachs
Fri, 17 Jan 2014 00:43:59 GMT
Motley Fool – A look at Goldman’s recent results.
Sysco’s US Foods Deal Faces Federal Antitrust Review
Fri, 17 Jan 2014 00:03:05 GMT
Bloomberg – Sysco Corp.’s agreement to buy US Foods for $3.5 billion is drawing antitrust scrutiny from U.S. regulators and some states that are joining the federal review over concerns the acquisition may undermine …
Company News: Net Neutrality, NFL, Burberry, Chanel, Gucci, Louis Vuitton, Credit Suisse, Bank of America, Goldman Sachs
Thu, 16 Jan 2014 23:54:59 GMT
BusinessWeek – The courts strike a blow to net neutrality; the NFL's concussion settlement may fall short; and more
Goldman Shares Drop as 2013 Trading Revenue Falls
Thu, 16 Jan 2014 23:27:53 GMT
Bloomberg – Jan. 16 (Bloomberg) — Bloomberg Television's Carol Massar reports on today's top news stories. (Source: Bloomberg)
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