Goldman Sachs (GS) Offering Possible 32.98% Return Over the Next 16 Calendar Days

Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $235.00 short put and a strike $230.00 long put offers a potential 32.98% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $235.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $230.00 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 above 80 which suggests that the stock is in overbought territory.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here

LATEST NEWS for Goldman Sachs

[$$] Wall Street catches the digital bug
Tue, 31 Jul 2018 09:35:05 +0000
At Morgan Stanley and Goldman Sachs, the theme arose a handful of times on the earnings call, in the context of automated tools for financial advisers (Morgan Stanley) and the push into consumer banking (Goldman). The word got six mentions at JPMorgan Chase, 11 at Wells Fargo, 18 at Citi and 29 at Bank of America. , many of which have spent years chiselling away at the banks’ market shares in areas such as consumer loans, wealth management and checking accounts.

1MDB Lawyer Who Worked With Goldman a Target in Swiss Probe
Tue, 31 Jul 2018 03:00:00 +0000
A former top executive with the Malaysian investment fund 1MDB and a senior lawyer at the fund who worked with Goldman Sachs Group Inc. are among six people targeted in a Swiss criminal probe into the multibillion-dollar scandal, according to people familiar with the matter. The executive is suspected of authorizing an illicit $700 million transfer, according to the people, who declined to be identified because the investigation is confidential. The pair is being investigated for bribery, misconduct in public office, money laundering and criminal mismanagement.

[$$] Goldman Partners’ Haul on Crisis-Era Options: $3 Billion
Mon, 30 Jul 2018 23:44:27 +0000
In December 2008, with the financial world in a tailspin, Goldman Sachs Group Inc. issued stock options to 350 of its top executives and board members. By the time they expire later this year, these options will have earned their owners—most of whom left Goldman years ago—at least $3 billion, according to a review of regulatory filings by The Wall Street Journal. The windfall shows how far Wall Street firms, or at least their stock prices, have come since the crisis.

What Are Cryptocurrency Custody Solutions?
Mon, 30 Jul 2018 18:57:00 +0000
Private keys, which are used to conduct transactions or access crypto holdings, are a complex combination of alphanumerics. Other solutions include storing private keys offline, on paper or a hard disk (or other electronic equipment) that is not connected to the internet. For individual holders of bitcoin, the possibility of losing private keys is a risk; for institutional investors, though, it represents an even more significant risk.

Goldman Stock Seen Rising 15% on Raised Estimates
Mon, 30 Jul 2018 15:30:00 +0000
Goldman Sachs Group Inc. ( GS) has had a terrible 2018, with the stock nearly 13% off its March highs. Signs are emerging that the investment bank may be set to rebound as analysts raise their estimates and price targets. The company delivered strong quarterly results beating on both the top and bottom lines.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.