Goldman Sachs’s most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $240.00 short put and a strike $235.00 long put offers a potential 31.93% 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 $240.00 by expiration. The full premium credit of $1.21 would be kept by the premium seller. The risk of $3.79 would be incurred if the stock dropped below the $235.00 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 75.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
[$$] Goldman Partnerships: Not Just for Bankers and Traders
Wed, 11 Oct 2017 07:00:28 +0000
Goldman Sachs is hiring two technologists at the elite rank of partner, including a new chief data officer, as Wall Street’s computer nerds continue to expand their power base.
[$$] Goldman Invests in South Korean Bakery Ingredients Maker
Wed, 11 Oct 2017 00:00:04 +0000
Goldman Sach’s private-equity arm in Asia is taking a minority stake in Sun-in Co., a South Korean food company that makes and distributes ingredients to bakeries, cafes and confectioneries across the …
Goldman Becalmed in Asia
Tue, 10 Oct 2017 21:00:12 +0000
Universal banks serving less adventurous corporate clients now rule the roost.
MOVES- Goldman Sachs, BlackRock, KKR, Natixis
Tue, 10 Oct 2017 19:45:45 +0000
The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email firstname.lastname@example.org. KKR Investment firm KKR named Inaki Bachiller to lead …
3 Reasons to Be Bullish on JD.com Inc (JD) Stock
Tue, 10 Oct 2017 11:22:15 +0000
For much of the summer, JD.com Inc (ADR) (NASDAQ:JD) stock was hitting resistance. The e-commerce market in China is fiercely competitive, and yes, there is always uncertainty regarding governmental policies. For example, the Chinese government recently imposed a clampdown on political speech on digital platforms. According to InvestorPlace.com’s Lawrence Meyers: “China is opaque.
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