State Street's most recent trend suggests a bullish bias. One trading opportunity on State Street is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 10.86% return on risk over the next 12 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 by expiration. The full premium credit of $0.49 would be kept by the premium seller. The risk of $4.51 would be incurred if the stock dropped below the $72.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for State Street 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 State Street is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for State Street
State Street responds to U.S. subpoenas on asset servicing business
Tue, 11 Nov 2014 00:56:54 GMT
Reuters – State Street Corp said on Monday it was responding to subpoenas from the U.S. Department of Justice and the Securities and Exchange Commission for information regarding its solicitation of asset servicing business of public retirement plans. “We have retained counsel to conduct a review of these matters, including our use of consultants and lobbyists in our solicitation of business of public retirement plans and, in at least one instance, political contributions by one of our consultants during and after a public bidding process,” the company said in a regulatory filing. In the coming year, the SEC will focus on abuses in the pension fund arena, offering and disclosure fraud and broker-dealer abuses, according to Andrew Ceresney, its director of enforcement.
[$$] State Street Receives Subpoenas From DOJ, SEC
Mon, 10 Nov 2014 23:23:24 GMT
Pension Funds DIY: State Street Report Points to Increasingly “Hands-On” Approach of Pension Funds Globally
Mon, 10 Nov 2014 16:40:21 GMT
noodls – Pension Funds DIY: State Street Report Points to Increasingly “Hands-On” Approach of Pension Funds Globally BOSTON – November 10, 2014 – Pension funds globally say they intend to adopt a more …
State Street Says Government Probes Pension Plan Business
Mon, 10 Nov 2014 14:59:26 GMT
Pension Funds DIY: State Street Report Points to Increasingly “Hands-On” Approach of Pension Funds Globally
Mon, 10 Nov 2014 14:30:00 GMT
Business Wire – Pension funds globally say they intend to adopt a more proactive approach to managing their assets, according to a new report by State Street Corporation . “Pensions Funds DIY: A Hands-On Future for Asset Owners,” highlights the key trends that are reshaping how pension funds manage their investments operating models and deliver long-term value to members.
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