American Express (AXP) Offering Possible 14.94% Return Over the Next 8 Calendar Days

American Express's most recent trend suggests a bullish bias. One trading opportunity on American Express is a Bull Put Spread using a strike $119.00 short put and a strike $114.00 long put offers a potential 14.94% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $119.00 by expiration. The full premium credit of $0.65 would be kept by the premium seller. The risk of $4.35 would be incurred if the stock dropped below the $114.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for American Express 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 American Express is bullish.

The RSI indicator is at 53.58 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 American Express

American Express (AXP) Gains As Market Dips: What You Should Know
Tue, 10 Dec 2019 22:50:10 +0000
In the latest trading session, American Express (AXP) closed at $120.90, marking a +0.37% move from the previous day.

Someone Is Betting Big That Mastercard Stock Won’t Tumble. How You Can Too.
Tue, 10 Dec 2019 00:57:00 +0000
Two recent Mastercard options trades suggest that an institutional investor has great faith in Mastercard stock’s performance through 2021. Here’s how to place a similar trade.

5 Dow Jones Industrial Average Stocks to Buy Ready to Rally
Mon, 09 Dec 2019 18:31:10 +0000
No news is good news for Wall Street and Dow stocks in particular on Monday, with a lack of trade headlines giving traders a rest ahead of policy meetings from the Federal Reserve and the European Central Bank later this week.Also, there is a big self-imposed trade deadline this weekend, so some type of positive progress is widely expected heading into the Christmas break — even if its a small "Phase 1" trade deal — to avoid the next round of U.S. tariffs going into effect. * 7 Energy Stocks That Are Still Worth Buying In 2020 A number of Dow Jones Industrial Average components are perking up in this environment, apparently pricing in a positive resolution to the trade standoff. Here are five worth a look:InvestorPlace – Stock Market News, Stock Advice & Trading Tips Apple (AAPL)Source: Chart courtesy of StockCharts.comWith its new AirPods Pro one of the hottest Christmas gifts this season, and with steady demand for its refreshed iPhone and iPad lineups, Apple (NASDAQ:AAPL) is sitting pretty on the hardware front as the holiday shopping season rolls on. Shares are consolidating their recent push to new record highs, rising above the $270-a-share level for the first time on Friday. Citigroup analysts recently raised their price target to $300.AAPL will next repot results on Jan. 28, with analysts looking for earnings of $4.38 per share on revenues of $86.2 billion. McDonalds (MCD)Source: Chart courtesy of StockCharts.comShares of McDonalds (NYSE:MCD) are finally stabilizing after the chaotic loss of its former CEO on allegations of an inappropriate relationship with a colleague. The stock price is starting to emerge out of a three-month consolidation range and looks set for a rally up and over its 50-day and 200-day moving averages. Telsey Advisory Group notes that the company's test kitchen is putting the finishing touches on a new Crispy Chicken sandwich to take the fight to Chick-fil-A. * 7 Hot Stocks for 2020's Big Trends The company will next report results on Jan. 29 before the bell. Analysts are looking for earnings of $1.96 per share on revenues of $5.3 billion. American Express (AXP)Source: Chart courtesy of StockCharts.comAmerican Express (NYSE:AXP) shares look ready to exit a four-month downtrend pattern after finding support multiple times near its 200-day moving average. Watch for a return to the prior highs set in July, which would be worth a gain of nearly 7% from here. Card spending and membership growth has been strong, including a renewal of a co-branded card deal with Delta (NYSE:DAL).The company will next report results on Jan. 16 before the bell. Analysts are looking for earnings of $2.02 per share on revenues of $11.4 billion. Boeing (BA)Source: Chart courtesy of StockCharts.comBoeing (NYSE:BA) shares have drifted down to the bottom of its long sideways trading pattern, setting up a rally back to the upper end near $390 that would be worth a gain of more than 10% from here as the company races to get the 737 MAX back in the air. This sideways pattern has persisted since early 2018 following an epic 4x rally from the lows seen in early 2016. * 7 Exciting Biotech Stocks to Buy Now The company will next report results on Jan. 29 before the bell. Analysts are looking for earnings of $2.19 per share on revenues of $21.6 billion. 3M (MMM)Source: Chart courtesy of StockCharts.com3M (NYSE:MMM) shares look ready to emerge from a nine-month downtrend pattern with a move above its 200-day average after spending the last three months holding above its 50-day average.The company will next report results on Jan. 28 before the bell. Analysts are looking for earnings of $2.10 per share on revenues of $8.1 billion. Prior quarter results have been weighed down by economic headwinds in China. A Phase 1 trade deal could result in a big bid in all China and industrial-related stocks, including 3M. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Energy Stocks That Are Still Worth Buying In 2020 * 7 Strong Stocks to Buy That Won Q3 Earnings * 5 Safety Stocks to Buy Without Trade War Exposure The post 5 Dow Jones Industrial Average Stocks to Buy Ready to Rally appeared first on InvestorPlace.

The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, American Express and Kimberly-Clark
Wed, 04 Dec 2019 14:43:02 +0000
The Zacks Analyst Blog Highlights: Visa, AT&T, Coca-Cola, American Express and Kimberly-Clark

American Express, NEA invest $37M in tech that makes e-commerce easier
Wed, 04 Dec 2019 13:27:49 +0000
Flow, a Hoboken startup, appeals to investors at a time when e-commerce sales are expected to reach $6.5 trillion by 2023.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.