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 $185.00 long call offers a potential 34.77% return on risk over the next 14 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 $1.29 would be kept by the premium seller. The risk of $3.71 would be incurred if the stock rose above the $185.00 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 37.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Old engine of Wall Street is sputtering
Fri, 02 Oct 2015 07:07:59 GMT
Financial Times – You can imagine teams of bank regulators in the US punching the air at Jefferies' feeble third-quarter profits when they were announced last month. Net income at the Wall Street bank dropped 98 per cent …
JPMorgan to pay most in $1.86 bln swaps price-fixing settlement -Bloomberg
Thu, 01 Oct 2015 22:58:29 GMT
Reuters – UK Focus – JPMorgan Chase & Co is set to pay almost a third of a $1.86 billion settlement to resolve claims that a dozen big banks conspired to limit competition in the credit-default swaps market, Bloomberg reported. …
The future of wealth management: technology, regulation, millennials, and women
Thu, 01 Oct 2015 22:05:09 GMT
JPMorgan to pay most in $1.86 billion swaps price-fixing settlement: Bloomberg
Thu, 01 Oct 2015 20:32:20 GMT
JPMorgan to pay most in $1.86 billion swaps price-fixing settlement – Bloomberg
Thu, 01 Oct 2015 20:29:05 GMT
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