Visa's most recent trend suggests a bullish bias. One trading opportunity on Visa is a Bull Put Spread using a strike $190.00 short put and a strike $185.00 long put offers a potential 5.26% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $185.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Visa 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 Visa is bullish.
The RSI indicator is at 66.97 level which suggests that the stock is neither overbought nor oversold at this time.
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 Visa
Check your junk mail — 4 million Americans are getting their stimulus payments as prepaid debit cards, not checks
Wed, 27 May 2020 23:44:00 +0000
Don’t throw away your junk mail — or you might throw away your stimulus payment. The U.S. Treasury Department and the Internal Revenue Service began sending out Economic Impact Payments as prepaid debit cards last week. Problem is, these Visa (AT:VISA) cards are being issued by MetaBank (the Treasury’s financial agent) and delivered in plain envelopes from Money Network Cardholder Services — neither of which are familiar names for many folks.
Forget Visa, Mastercard Is a Better Growth Stock
Wed, 27 May 2020 16:57:55 +0000
Brown Advisory recently released its Q1 2020 Investor Letter, a copy of which you can download below. The Large-Cap Growth Fund posted a return of -13.05% for the quarter, outperforming its benchmark, the Russell 1000 Growth Index which returned -14.10% in the same quarter. You should check out Brown Advisory’s top 5 stock picks for […]
Visa Appoints Chris Newkirk as Chief Strategy Officer
Wed, 27 May 2020 16:20:00 +0000
Visa Inc. (NYSE:V) announced today that Chris Newkirk will join the company in the newly created position of Chief Strategy Officer. In this capacity, Mr. Newkirk will lead the Corporate Strategy organization to drive strategic planning for Visa overall, and in partnership with Visa’s regional teams. He will be a member of the Executive Committee and report to Chairman and Chief Executive Officer Al Kelly. Mr. Newkirk will begin work at Visa on June 15.
Credit card fraud attempts rise amid coronavirus pandemic
Wed, 27 May 2020 15:13:32 +0000
Yahoo Finance's Alexis Christoforous, Brian Sozzi, and Ethan Wolff-Mann discuss the rise in credit card fraud attempts as consumers are forced to use the online interface amid the coronavirus pandemic.
5 Stocks to Start Investing in 2020
Wed, 27 May 2020 11:30:00 +0000
If you want to learn about what it takes to succeed as a retailer, there's no better company to study than Costco Wholesale (NASDAQ: COST). Costco is also beloved by bargain shoppers for its low prices. The profits Costco makes from selling membership plans allow it to sell its wares only slightly above cost.
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