Charles Schwab's most recent trend suggests a bullish bias. One trading opportunity on Charles Schwab is a Bull Put Spread using a strike $28.00 short put and a strike $23.00 long put offers a potential 7.53% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $28.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $23.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Charles Schwab 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 Charles Schwab is bullish.
The RSI indicator is at 79.37 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 Charles Schwab
SEC fines 13 groups over Puerto Rico bonds
Mon, 03 Nov 2014 22:58:58 GMT
Financial Times – The US Securities and Exchange Commission has imposed sanctions on 13 financial institutions over the sale of Puerto Rico junk bonds that violated a rule designed to protect retail investors. The regulator …
U.S. SEC fines 13 firms over sale of Puerto Rico junk bonds
Mon, 03 Nov 2014 22:33:44 GMT
Reuters – Units of 13 major Wall Street firms, including JPMorgan and UBS, improperly sold bonds from Puerto Rico's landmark March junk deal to retail investors who may not have understood the debt's riskiness, the U.S. The firms will pay penalties ranging from $54,000 to $130,000, without admitting or denying the regulator's charges that they violated a new rule on minimum denominations for municipal bond sales. This is the first time the SEC has brought a case based on the rule, which prohibits dealers from selling bonds to individual buyers below a certain threshold amount. “These firms violated a straightforward investor protection rule that prohibits the sale of muni bonds in increments below a specified minimum,” said LeeAnn Gaunt, chief of the SEC's municipal securities and public pensions unit, in a statement.
SEC fines 13 firms over sales of Puerto Rico bonds
Mon, 03 Nov 2014 21:47:43 GMT
SEC fines 13 firms over sales of Puerto Rico bonds
Mon, 03 Nov 2014 21:47:43 GMT
SEC Fines 13 Firms for Violating Puerto Rico Debt-Trading Rules
Mon, 03 Nov 2014 21:06:04 GMT
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