JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $113.00 short put and a strike $108.00 long put offers a potential 23.76% 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 $113.00 by expiration. The full premium credit of $0.96 would be kept by the premium seller. The risk of $4.04 would be incurred if the stock dropped below the $108.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan 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 JP Morgan is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for JP Morgan
China's HNA Group says wins compliance clearances from JPMorgan, UBS, other banks
Wed, 24 Jan 2018 07:33:14 +0000
China’s HNA Group said on Wednesday several global banks have given it a clean chit after conducting compliance checks, a rare bit of good news for the cash-strapped conglomerate amid questions about its governance and ownership. HNA said in a statement emailed to Reuters that it has passed know-your-customer (KYC), or internal due-diligence checks, of JPMorgan Chase & Co, UBS Group AG, Credit Suisse and Nomura, among others, in the past few months.
[$$] How JPMorgan Will Spend a Big Chunk of Its Tax Windfall
Wed, 24 Jan 2018 05:07:12 +0000
JPMorgan Chase is unrolling a $20 billion, five-year investment across its businesses based on benefits from recent tax-law changes, a softer regulatory environment and its overall growth.
Fourth-Quarter Big Bank Earnings: What You Need to Know
Wed, 24 Jan 2018 00:21:00 +0000
We dive into fourth-quarter earnings from the largest U.S. banks and what investors should pay attention to.
Solar Company Winners From Trump's Tariffs
Wed, 24 Jan 2018 00:10:35 +0000
Jan.23 — Bloomberg's Brian Eckhouse reports on President Trump's solar industry tariffs. Eckhouse speaks with Julie Hyman, Scarlet Fu and Joe Weisenthal on "Bloomberg's What'd You Miss?"
JPMorgan sees brick-and-mortar branches pivotal to U.S. expansion
Tue, 23 Jan 2018 23:39:36 +0000
JPMorgan Chase & Co (JPM.N) sees brick-and-mortar banking as essential to expanding into more than a dozen markets over five years, even though customers do 80 percent of their transactions online or at ATMs, a bank executive said on Tuesday. “Seventy-five percent of our deposit growth comes from customers who use our branches,” Thasunda Duckett, chief executive of Chase consumer banking said in an interview. JPMorgan said on Tuesday that it will build up to 400 new branches to expand into 15 to 20 markets in several new states.
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