FXstreet

The asset management division suffered due to net losses in equity investments and lower lending and debt investments revenues: Goldman Sachs’ stock (NYSE: GS) has lost roughly 19% YTD as compared to the 16% drop in the S&P500 index over the same period.



Weekly price was on bearish breakdown by crossing Ichimoku cloud to below for the primary bearish reversal. The price was stopped by 304 and 302 support levels which is located near and below Ichimoku cloud. If the price crosses those levels to below so the primary bearish trend will be continuing, if not so the secondary ranging to be near and inside Ichimoku cloud will be started.

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