Morgan Stanley's most recent trend suggests a bearish bias. One trading opportunity on Morgan Stanley is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 26.58% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock rose above the $85.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Morgan Stanley 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 Morgan Stanley is bullish.
The RSI indicator is at 29.4 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 Morgan Stanley
Credit Suisse warns Archegos Capital blowup will cost it £3.4bn
Tue, 06 Apr 2021 07:43:18 +0000
Credit Suisse announced a shake-up of management, scrapped executive bonuses, and launched two independent investigations in the wake of twin crises at the bank.
Facebook Hits Record as Megacap Tech Stocks March Higher
Mon, 05 Apr 2021 20:16:35 +0000
(Bloomberg) — Facebook Inc. shares surged to a record Monday, with megacap Internet and technology stocks rallying amid optimism about the strong pace of economic growth.Shares of Facebook gained 3.4% to close at an all-time high of $308.91 as robust economic data on the service industries supported an advance in cyclical and growth-orientated industries, fueling the S&P 500 Index’s gain for a third day.The communication services and information technology sectors were among the strongest-performing stocks of the day. Alphabet Inc., the parent company of Google, rose 4.2% and also surged to a record. Among other notable tech gainers, Amazon.com rose 2.1%, Apple Inc. gained 2.4%, and Microsoft Corp. advanced 2.8% to an all-time high.Shares of tech behemoths have broadly performed well this year — despite a rotation into value stocks — amid a strong vaccine rollout in the U.S., stoking enthusiasm of rapid economic growth. Of the market’s biggest tech names, Amazon is the only one that hasn’t hit an intraday record in 2021.“This old guard of tech has real earnings power,” Arthur Hogan, chief market strategist at National Securities said by phone. “The companies will clearly continue to be a part of our lives, and it is a very defensible move to get back into these names.”Facebook is scheduled to report first-quarter results later this month. Wall Street is expecting both earnings per share and revenue to rise more than 30%, according to data compiled by Bloomberg.Facebook’s recent gains came after Chief Executive Officer Mark Zuckerberg downplayed the risk that the social-media company could see as a result of an upcoming change to Apple’s privacy policies. That issue was seen as a headwind, and a reason that Facebook warned of “significant uncertainty” in 2021 earlier this year.The company also got a positive mention in Barron’s over the weekend, which said Facebook is a “growth machine” and its stock could gain 20% if it returns to the average premium it’s traded at for the past five years.Wall Street OptimismAnalysts remain broadly positive on Facebook’s growth prospects, especially amid a recovery in the market for digital ads.“The digital world we’ve grown accustomed to over the last 12 months (and counting) may be stickier than expected, even amid loosening Covid restrictions,” wrote Citigroup Inc. analyst Nicholas Jones. Morgan Stanley recently touted Facebook’s valuation and fundamental strength, and forecast “sustained outsized growth.”Of the firms tracked by Bloomberg that cover Facebook, more than 85% recommend buying the stock, while fewer than 6% have a bearish rating. The average price target is $336, which implies upside of nearly 9%.“I have no problem being a buyer at all-time highs if the stock is at all-time highs for a reason, and I think the optimism surrounding these names is completely justified,” Hogan said.(Updates share price moves throughout.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Morgan Stanley (MS) to Hike Dividend Once the Fed Permits
Mon, 05 Apr 2021 13:31:01 +0000
Morgan Stanley (MS) intends to enhance shareholder value through dividend hike, once restrictions on the same are lifted by the Federal Reserve at June-end.
Wall Street Analysts See More Upside in Chewy
Fri, 02 Apr 2021 19:38:21 +0000
Solid fourth-quarter earnings have forced analysts to revise their target price
UPDATE 1-Morgan Stanley plans to raise dividend when Fed allows -letter
Thu, 01 Apr 2021 22:05:34 +0000
Morgan Stanley plans to increase the dividend it pays shareholders when restrictions are lifted by the Federal Reserve, according to a letter Chief Executive James Gorman sent to shareholders on Thursday. Morgan Stanley said in December it would resume its share repurchase plan following the Federal Reserve's decision to allow the sector to resume stock buybacks that were suspended during the pandemic. In his letter posted on Morgan Stanley's website, Gorman also set a long-term goal of achieving a return on tangible common equity (ROTCE) above 17%, according to the letter.
Related Posts
Also on Market Tamer…
Follow Us on Facebook