Goldman Sachs's most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $195.00 short call and a strike $200.00 long call offers a potential 75.44% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $195.00 by expiration. The full premium credit of $2.15 would be kept by the premium seller. The risk of $2.85 would be incurred if the stock rose above the $200.00 long call 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 down which suggests that the medium-term momentum for Goldman Sachs is bearish.
The RSI indicator is at 21.9 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
Goldman Sachs-Funded Group Bids A$2.4 Billion for GrainCorp
Mon, 03 Dec 2018 00:51:17 +0000
Key InsightsThe suitor, Long-Term Asset Partners Pty, has stressed its Australian credentials to GrainCorp — perhaps seeking to draw a distinction to the 2013 offer from U.S.-based Archer-Daniels-Midland Co. that was rejected on national security grounds. GrainCorp had backed ADM’s A$2.2 billion bid, but faced a wave of opposition from farmer groups who were concerned that key grain terminals would fall into foreign hands.
Forget Penny Stocks, Your Money Is Better Off in These 3 Companies
Sun, 02 Dec 2018 21:56:00 +0000
Pass on that stock pick in your spam folder — these stocks are better buys.
[$$] Goldman eyes monitoring of high-risk staff after 1MDB
Sun, 02 Dec 2018 04:45:03 +0000
is considering a special surveillance programme to monitor higher risk employees in far-flung locations so the bank can demonstrate that “lessons have been learned” from the 1MDB scandal. Lawyers and compliance officers at Goldman have spent years trawling through emails and other records of the entire 1MDB deal team, according to a person familiar with the internal probe and the plans for changes. The person said that Goldman had not found any evidence of any wrongdoing beyond that alleged of Tim Leissner and Roger Ng, the two men indicted by the DoJ.
Goldman, JPMorgan Stick With Forecasts of Four Fed Hikes in 2019
Sat, 01 Dec 2018 07:40:39 +0000
Days after investors interpreted a speech by Fed Chairman Jerome Powell as signaling the potential for a 2019 pause in rate hikes, the economists acknowledged a shift in tone while noting robust growth, steady inflation and falling unemployment should keep the central bank tightening monetary policy through next year. “Recent events have increased the downside risks to our baseline forecast,’’ Goldman Sachs economists led by Jan Hatzius said in a report.
GOLDMAN SACHS GROUP INVESTIGATION INITIATED BY FORMER LOUISIANA ATTORNEY GENERAL: Kahn Swick & Foti, LLC Investigates the Officers and Directors of The Goldman Sachs Group, Inc. – GS
Sat, 01 Dec 2018 03:50:00 +0000
NEW ORLEANS , Nov. 30, 2018 /PRNewswire/ — Former Attorney General of Louisiana , Charles C. Foti, Jr., Esq. , a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF …
Also on Market Tamer…
Follow Us on Facebook