Goldman Sachs (GS) Offering Possible 47.06% Return Over the Next 13 Calendar Days

Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $340.00 short call and a strike $345.00 long call offers a potential 47.06% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $340.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock rose above the $345.00 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 55.12 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

4 “Stealth” Ways to Invest in Crypto
Thu, 31 Mar 2022 12:15:00 +0000
Cryptocurrencies can be volatile and not all investors feel confident buying and holding them directly. The company formerly known as Square changed its name to Block (NYSE: SQ) at the end of 2021 in part as a nod to the fact that blockchain technology is going to become a bigger part of its business. Block's popular Cash App has been allowing users to buy and sell Bitcoin since 2021.

Oil Slumps as U.S. Mulls Bigger Reserve Release to Cool Prices
Thu, 31 Mar 2022 08:54:04 +0000
(Bloomberg) — Oil tumbled on signs the U.S. is considering tapping its reserves again in a potentially massive release aimed at managing inflation and supply shortages following Russia’s invasion of Ukraine.Most Read from BloombergNever Had Covid? You May Hold Key To Beating the VirusBiden Team Weighs a Massive Release of Oil to Combat InflationPutin ‘Misinformed’ by Advisers on the War, White House SaysApple and Meta Gave User Data to Hackers Who Used Forged Legal RequestsUkraine Update: Talks

China Pledges to Stabilize Economy and Plan for Uncertainty
Thu, 31 Mar 2022 01:08:27 +0000
(Bloomberg) — China’s cabinet vowed to stabilize the economy and called on officials to avoid measures that harm market expectations as the government struggles to control Covid outbreaks across the country including in the financial center of Shanghai.Most Read from BloombergNever Had Covid? You May Hold Key To Beating the VirusBiden Team Weighs a Massive Release of Oil to Combat InflationPutin ‘Misinformed’ by Advisers on the War, White House SaysApple and Meta Gave User Data to Hackers Who U

Goldman Sachs (GS) Dips More Than Broader Markets: What You Should Know
Wed, 30 Mar 2022 21:45:09 +0000
In the latest trading session, Goldman Sachs (GS) closed at $335.59, marking a -1.2% move from the previous day.

Is The Biggest Bank Stock By Market Cap A Buy After Fed Rate Hike?
Wed, 30 Mar 2022 21:38:50 +0000
JPMorgan Chase has been trading tightly, as investors try to get a read on inflation. Is JPM stock a buy right now?

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.