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 9.05% return on risk over the next 31 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 $0.83 would be kept by the premium seller. The risk of $9.17 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 40.93 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Libyan Wealth Fund Sues Goldman Sachs
Thu, 23 Jan 2014 00:46:41 GMT
The Wall Street Journal – Goldman Sachs Group Inc. is being sued by Libya's sovereign-wealth fund, according to a spokesman for the fund.
Callaway: Davos more than an elite playground
Wed, 22 Jan 2014 22:44:14 GMT
USA TODAY – Corporate and political leaders can discuss what's going on in the rest of the world.
Goldman’s Co-Head of Brazil Investment Banking Will Leave
Wed, 22 Jan 2014 21:42:50 GMT
Bloomberg – Goldman Sachs Group Inc.’s co-head of investment banking in Brazil, Fabio Bicudo, will leave the company 10 months after taking the job.
Can a Disgraced Trader Get a Job in Academia?
Wed, 22 Jan 2014 21:04:53 GMT
The New Yorker – In December, the Securities and Exchange Commission asked U.S. District Judge Katherine B. Forrest to impose financial penalties of more than a million dollars on Fabrice Tourre, the former Goldman Sachs …
Goldman steers clients to ‘3 pct funds' in Volcker rule compliance
Wed, 22 Jan 2014 20:23:21 GMT
Reuters – * Volcker Rule allows up to 3 pct of Tier I capital to be invested * Goldman CFO: There are going to be 3 percent funds Jan 22 (Buyouts Magazine) – Goldman Sachs is expecting to steer clients toward so-called “3 percent funds” as it takes aim at its large private equity business, with about $15 billion in assets on its balance sheet that come under Volcker Rule requirements. The rule, which took effect in December, led Wall Street analysts to pose several questions to Goldman Sachs CFO Harvey Schwartz on the firm's quarterly conference call on Jan. 16.
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