JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $152.50 short put and a strike $147.00 long put offers a potential 10.44% return on risk over the next 6 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $152.50 by expiration. The full premium credit of $0.52 would be kept by the premium seller. The risk of $4.98 would be incurred if the stock dropped below the $147.00 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 at 74.1 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 JP Morgan
Traders Pricing Seven Fed Hikes This Year as Global Bonds Tumble
Fri, 11 Feb 2022 07:39:24 +0000
(Bloomberg) — Global bond yields soared as traders wagered that the Federal Reserve will raise policy rates by 175 basis points by the end of the year, even as officials pushed back against expectations of a super-sized hike next month. Most Read from BloombergThe Housing Boom May Be About to Go BustFed Doesn’t Yet Favor a Half-Point Hike or an Emergency MoveThe Housing Party Is Starting to Wind DownTreasuries Sink With Stocks as Rate Bets Repriced: Markets WrapU.S. Inflation Charges Higher Wit
Fed’s Annual Stress Tests to Assume Massive Joblessness, Commercial Real Estate Crash
Thu, 10 Feb 2022 21:41:10 +0000
(Bloomberg) — The largest U.S. banks will be tested against a hypothetical massive surge in unemployment and a crash in commercial real estate in the Federal Reserve’s annual stress tests, according to the scenarios announced Thursday. Most Read from BloombergThe Housing Boom May Be About to Go BustFed Doesn’t Yet Favor a Half-Point Hike or an Emergency MoveThe Housing Party Is Starting to Wind DownTreasuries Sink With Stocks as Rate Bets Repriced: Markets WrapU.S. Inflation Charges Higher With
Market strategist: Investors will need to diversify their approach to inflation
Thu, 10 Feb 2022 19:50:56 +0000
J.P. Morgan Asset Management Global Market Strategist Jordan Jackson joins Yahoo Finance Live to discuss how investors can hedge against or outpace inflation.
Stocks' Decline Steepens on Bullard Rate Comments, Inflation Data
Thu, 10 Feb 2022 19:12:39 +0000
James Bullard, president of the Federal Reserve Bank of St. Louis, said he wants rates to rise a full point by July
Chase and Marriott Bonvoy® Announce Enhanced Benefits to Marriott Bonvoy Boundless® Credit Card
Thu, 10 Feb 2022 13:00:00 +0000
WILMINGTON, Del. & BETHESDA, Md., February 10, 2022–Chase and Marriott Bonvoy enhanced benefits to the Marriott Bonvoy Boundless Credit Card to help cardmembers earn toward future travel quicker
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