Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $165.00 short put and a strike $155.00 long put offers a potential 9.41% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.86 would be kept by the premium seller. The risk of $9.14 would be incurred if the stock dropped below the $155.00 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 64.03 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Austerity's Fiscal Drag Nears End as Europe, U.S. Go for Growth
Fri, 20 Dec 2013 02:21:02 GMT
BusinessWeek – Governments around the world stop chopping budgets
Goldman Sachs in 2014: Don't Expect the Same Returns
Thu, 19 Dec 2013 22:16:08 GMT
Motley Fool – Goldman Sachs' business is well-positioned, but don't expect a repeat of this year's stock returns.
The next headache for SAC's Steinberg: Legal fees?
Thu, 19 Dec 2013 21:27:10 GMT
CNBC – Following his conviction Wednesday on criminal insider trading charges, Michael Steinberg could also be hit with millions in unexpected legal fees.
Where's Goldman Sachs? Facebook Sells $3.9 billion in Stock
Thu, 19 Dec 2013 21:17:53 GMT
The Wall Street Journal – Compare and contrast Facebook's key underwriters from its May 2012 $16 billion initial public offering and the team from its $3.9 billion secondary offering on Thursday. One missing bank jumps out: Goldman …
Richard Bove Defends Too-Big-to-Fail Banks
Thu, 19 Dec 2013 20:25:40 GMT
BusinessWeek – In a new book, the veteran analyst argues the 2008 credit crisis was not the fault of reckless financiers
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