Goldman Sachs's most recent trend suggests a bullish bias. One trading opportunity on Goldman Sachs is a Bull Put Spread using a strike $170.00 short put and a strike $160.00 long put offers a potential 9.65% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $170.00 by expiration. The full premium credit of $0.88 would be kept by the premium seller. The risk of $9.12 would be incurred if the stock dropped below the $160.00 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 79.91 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
Update: Week Ending December 28, 2013
Sun, 29 Dec 2013 10:03:49 GMT
Seeking Alpha – The equities continued their upward march this week. The levels that the DJIA and S&P 500 are at represent all-time-highs. As for the NASDAQ Composite, these are levels not seen since early last decade …
President Obama Spent $684 Million to Get Elected. You'll Never Guess How Much Wall Street Chipped In
Sat, 28 Dec 2013 18:02:57 GMT
Motley Fool – Barack Obama received an incredible amount of money from Wall Street in 2008, but the numbers from the most recent election tell a dramatically different story.
Top 5 best apps for traders and investors
Sat, 28 Dec 2013 16:43:00 GMT
MarketWatch – Here then are the top 5 free apps for revolution investors. But remember there are many more out there and you had better be constantly trying out new apps and platforms if you want to stay on top.
Goldman's Top Economist Just Answered The Most Important Questions For 2014 — And Boy Are His Answers Bullish
Sat, 28 Dec 2013 00:08:00 GMT
Business Insider – Goldman Sachs economist Jan Hatzius is out with…
U.S. judge expands classes in lawsuits over $34 bln mortgage debt
Fri, 27 Dec 2013 22:54:33 GMT
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