Goldman Sachs’s most recent trend suggests a bearish bias. One trading opportunity on Goldman Sachs is a Bear Call Spread using a strike $257.50 short call and a strike $262.50 long call offers a potential 24.07% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $257.50 by expiration. The full premium credit of $0.97 would be kept by the premium seller. The risk of $4.03 would be incurred if the stock rose above the $262.50 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 40.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Goldman Sachs
‘Fraud.’ ‘Not willing to pooh-pooh.’ A list of what Wall Street CEOs have said about bitcoin
Tue, 09 Jan 2018 20:33:27 +0000
Seems not a day goes by without some Wall Street VIP or financial luminary deciding it’s time for them to weigh in on bitcoin and cryptocurrencies. Here’s a roundup of the latest high-profile statements….
[$$] Goldman Sachs to Invest in Bankrupt Real Industry Inc.
Tue, 09 Jan 2018 19:34:01 +0000
Goldman Sachs Group Inc. plans to lend $4 million to bankrupt Real Industry Inc. and to eventually spend about $10 million to buy common stock in the publicly traded company, which is sitting on almost …
2 Warren Buffett Stocks to Buy in January
Tue, 09 Jan 2018 12:13:00 +0000
Many of Berkshire Hathaway’s stocks are looking expensive, but not these two.
Emirates NBD’s Fox Says Oil Prices Helping Aramco IPO Estimates
Tue, 09 Jan 2018 04:55:05 +0000
Jan.08 — Emirates NBD Group Head of Research Chief Economist Tim Fox weighs in on the Aramco IPO and Saudi Arabian reforms. He speaks on “Bloomberg Markets: Middle East.”
MOVES-Goldman names global head of financial, strategic investor M&A
Mon, 08 Jan 2018 15:32:54 +0000
Goldman Sachs Group Inc has named Dave Friedland as its new global head of financial and strategic investor mergers and acquisitions, a spokesman said on Monday. Friedland, who was named a partner at the Wall Street bank in 2014, is currently the head of M&A for the real estate and consumer retail groups and also co-chairs the global fairness committee, according to a company memo.
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