Tag: Backspread
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Goldman Sachs (GS)- A Potentially Profitable Opportunity
Goldman Sachs (GS) is down $40 since April 16th; How much more it has to lose? Anybody’s guess is probably better than mine. Regardless of whatever I think, I guess they are too big, powerful and connected to go under. With that bullish bias, here is a trade idea that potentially can deliver excellent results…
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How to Play Alcoa (AA) Earnings?
Aloca (AA) is set to announce earnings after close today. Wall Street is expecting a fall to -$0.55 to -$0.57 EPS depending upon who do you follow (Zacks, First Call etc). The quarter was not that exciting, hence the expectation are already factored for a very poor quarter. I think the movement will depend on…