JP Morgan's most recent trend suggests a bearish bias. One trading opportunity on JP Morgan is a Bear Call Spread using a strike $115.00 short call and a strike $125.00 long call offers a potential 7.07% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $115.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $9.34 would be incurred if the stock rose above the $125.00 long call 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 down which suggests that the medium-term momentum for JP Morgan is bearish.
The RSI indicator is at 62.51 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
Are Options Traders Betting on a Big Move in JPMorgan (JPM) Stock?
Mon, 21 May 2018 12:53:12 +0000
Investors need to pay close attention to JPMorgan (JPM) stock based on the movements in the options market lately.
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup and JPMorgan
Mon, 21 May 2018 12:06:12 +0000
The Zacks Analyst Blog Highlights: Wells Fargo, Citigroup and JPMorgan
Look Here for Safe High-Yield Investments and Guaranteed Returns
Mon, 21 May 2018 11:00:30 +0000
When volatility picks up, investors flock to safety. It's not a recent investment thesis or one derived from algorithmic trading. It's a long-time reaction that's generally driven by human psychology. As fears rise, investors first seek cash and then look for safe high-yield investments.
Don't neglect to pay the middleman – How Shell and Eni ended up on trial
Sun, 20 May 2018 23:35:28 +0000
Seven years ago, two middlemen launched civil lawsuits to seek payment for helping arrange a $1.3 billion (965.04 million pounds) oil deal in Nigeria. Now, nine current and former executives or contractors from Italy's Eni(ENI.MI) and British-Dutch giant Royal Dutch Shell (RDSa.L), including ENI Chief Executive Claudio Descalzi, have been accused by Italian prosecutors of paying bribes to secure the licence to explore a large offshore oilfield in 2011. All deny wrongdoing, as do Shell and Eni.
Exclusive: Sanctions-hit Vekselberg repays 1 billion Swiss francs credits to Western banks
Sat, 19 May 2018 13:53:39 +0000
ZURICH/MOSCOW (Reuters) – Sanctions-hit Russian oligarch Viktor Vekselberg and his Renova Group have repaid loans amounting to over one billion Swiss francs ($1 billion) to banks including JPMorgan (JPM.N), Credit Suisse (CSGN.S) and UBS (UBSG.S), Renova and a source familiar with the matter told Reuters on Saturday. Vekselberg was placed under sanctions in a crackdown by the United States on President Vladimir Putin's inner circle as retaliation for alleged Russian interference in the 2016 U.S. election.
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