JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 16.01% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock dropped below the $87.50 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 77.06 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
Asian shares edge higher ahead of Yellen testimony
Tue, 11 Jul 2017 04:06:56 +0000
TOKYO (AP) — Shares edged higher in Asia on Tuesday following a listless day of trading on Wall Street. Investors are awaiting Federal Reserve chair Janet Yellen's testimony to Congress.
Federal regulator moves to mostly ban arbitration clauses
Mon, 10 Jul 2017 21:36:15 +0000
Consumers could band together to sue their banks or credit card companies under a federal rule issued Monday that's likely to face resistance from Congressional Republicans and the White House. The Consumer …
ETFs with exposure to JPMorgan Chase & Co. : July 10, 2017
Mon, 10 Jul 2017 18:43:57 +0000
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to JPMorgan Chase & Co. Here are 5 ETFs with the largest exposure to JPM-US. Comparing the performance and risk of JPMorgan Chase & Co. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower … Read more
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JPMorgan’s Stubbs on U.S. Versus EU Equities
Mon, 10 Jul 2017 15:31:25 +0000
Jul.10 — David Stubbs, global market strategist at JPMorgan, discusses the outlook for markets and the global economy overall. He speaks with Bloomberg's Mark Barton and Vonnie Quinn on "Bloomberg Markets."
Lebovitz, Katzive on the Outlook for Trade Post G-20
Mon, 10 Jul 2017 12:38:50 +0000
Jul.10 — David Lebovitz, global market strategist at JPMorgan Asset Management, and Daniel Katzive, head of FX strategy North America at BNP Paribas, discuss the outlook for global trade after the G-20 summit and what it means for markets. They speak with Bloomberg's David Westin and Alix Steel on "Bloomberg Daybreak: Americas
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