JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 51.52% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $150.00 by expiration. The full premium credit of $1.70 would be kept by the premium seller. The risk of $3.30 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for JP Morgan is bearish and the probability of a decline 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 74.37 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
IBD Stock Of The Day: FBC Stock Flashes Buy Signal As Flagstar Bancorp Boasts Rapid Growth
Wed, 03 Mar 2021 21:37:47 +0000
Flagstar Bancorp is the IBD Stock of the Day, with triple-digit earnings growth. FBC stock is in a base but is offering an early entry already.
KKR-Backed Applovin Files for IPO
Wed, 03 Mar 2021 19:30:00 +0000
Applovin, which provides software for mobile-game developers, made a regulatory filing for an initial public offering of stock. KKR owns more than two-thirds of Applovin's voting power.
J.P. Morgan Asset Management Releases 2021 Guide to Alternatives
Wed, 03 Mar 2021 15:00:00 +0000
J.P. Morgan Asset Management today announced the launch of the 2021 Guide to Alternatives, providing an objective analysis of the key themes impacting alternative investments. In its third year, the quarterly Guide provides an objective analysis of the trends shaping alternatives after a COVID-19-impacted 2020, drilling down into sub-asset classes including real estate, infrastructure and transport, private credit, private equity and hedge funds.
UPDATE 1-JPMorgan Chase taps Porretti to lead activism defense in North America
Wed, 03 Mar 2021 13:20:04 +0000
JPMorgan Chase has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in North America as investors are launching new campaigns to push corporations into making significant changes, three sources said. He will head Shareholder Engagement and M&A Capital Markets for North America and will be based in New York, the sources said. Porretti was previously head of Shareholder Advisory at independent investment bank Greenhill & Co, and before that worked at Morgan Stanley on the bank's shareholder activism and corporate defense team.
JP Morgan Chase taps Porretti to lead activism defense in North America
Wed, 03 Mar 2021 12:43:59 +0000
JP Morgan Chase has hired veteran banker Alfredo Porretti to head its shareholder activism defense efforts in North America as investors are launching new campaigns to push corporations into making significant changes, three sources said. He will head Shareholder Engagement and M&A Capital Markets for North America and will be based in New York, the sources said. Porretti was previously head of Shareholder Advisory at independent investment bank Greenhill & Co and before that worked at Morgan Stanley on the bank's shareholder activism and corporate defense team.
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