Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $407.50 short call and a strike $412.50 long call offers a potential 33.33% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $407.50 by expiration. The full premium credit of $1.25 would be kept by the premium seller. The risk of $3.75 would be incurred if the stock rose above the $412.50 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 41.56 level which suggests that the stock is neither overbought nor oversold at this time.
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
Skittish Advertisers Needlessly Shun Content on Climate Change
Fri, 12 Nov 2021 17:00:00 +0000
(Bloomberg) — Companies worried about protecting the image of their brands online are needlessly turning down opportunities to advertise alongside content about climate change.Most Read from BloombergAmazon Sued Over Crashes by Drivers Rushing to Make DeliveriesWhat Designers of Video Game Cities Understand About Real CitiesBiden Plan Funds New Bridges That Locals May Not WantHong Kong's New Museum Tries to Please Art World — and BeijingFarmers Take on ‘Post-Apocalyptic’ Food CrisisFirms have l
After $500 Billion Rout, Optimism Grows for China: Tech Watch
Fri, 12 Nov 2021 16:00:07 +0000
(Bloomberg) — Beaten-down Chinese technology stocks are getting a fresh lease of life and some strategists are calling a turn.Most Read from BloombergAmazon Sued Over Crashes by Drivers Rushing to Make DeliveriesWhat Designers of Video Game Cities Understand About Real CitiesBiden Plan Funds New Bridges That Locals May Not WantHong Kong's New Museum Tries to Please Art World — and BeijingFarmers Take on ‘Post-Apocalyptic’ Food CrisisHaving buckled under the weight of government crackdowns for m
Is Goldman Sachs International Small Cap Insights IR (GIRLX) a Strong Mutual Fund Pick Right Now?
Fri, 12 Nov 2021 15:04:03 +0000
Mutual Fund Report for GIRLX
Goldman Sachs MLP and Energy Renaissance Fund Announces Quarterly Distribution of $0.165 Per Share
Fri, 12 Nov 2021 14:00:00 +0000
NEW YORK, November 12, 2021–Goldman Sachs MLP and Energy Renaissance Fund (the “Fund”) (NYSE: GER) is announcing its quarterly distribution of $0.165 per common share. The distribution is payable on the date noted below.
3 Goldman Sachs Mutual Funds for Handsome Returns
Fri, 12 Nov 2021 13:45:01 +0000
Below we share with you three top-ranked Goldman Sachs mutual funds. Each has a Zacks Mutual Fund Rank #1 (Strong Buy).
Also on Market Tamer…
Follow Us on Facebook