Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $172.50 short put and a strike $167.50 long put offers a potential 8.7% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $172.50 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $167.50 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 66.98 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Moelis considers possible IPO
Sun, 12 Jan 2014 18:29:34 GMT
Financial Times – Moelis & Company, the independent US investment bank, is working with Goldman Sachs on a potential initial public offering. Moelis has enjoyed profitable growth in recent years, advising on a series of …
Stocks to economy: send us a sign!
Sun, 12 Jan 2014 14:33:00 GMT
CNNMoney.com – Investors had a lot of economic data to analyze last week. This week, the focus shifts to earnings. Stocks ended last week mixed as conflicting economic data left investors searching for direction. Friday's …
Li Ka-shing's utility cuts trust IPO to $3.6 bln on valuation
Sun, 12 Jan 2014 13:46:35 GMT
Reuters – Li Ka-shing's Power Assets Holdings Ltd slashed the size of a Hong Kong initial public offering of its electricity business by nearly one-third to $3.6 billion because of a lower expected valuation and …
State Grid, Oman fund among investors in Li-Ka Shing's utility trust IPO
Sun, 12 Jan 2014 12:06:48 GMT
Reuters – Li Ka-shing's Power Assets Holdings Ltd said on Sunday it received initial commitments worth nearly $1.34 billion from two investors for a Hong Kong initial public offering of its electricity business. …
U.S. profits could bounce in 2014 if economy gains steam
Sun, 12 Jan 2014 08:00:44 GMT
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