JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 7.07% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $52.50 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 down which suggests that the medium-term momentum for JP Morgan is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for JP Morgan
Senate to quiz US regulators on Wall St commodity bets
Thu, 09 Jan 2014 01:05:15 GMT
Reuters – UK Focus – A Senate panel will hold a hearing next week to question financial regulators over Wall Street's role in physical commodity markets, drawing fresh attention to a controversy over the possible risks posed …
Senate to quiz US regulators on Wall St commodity bets
Thu, 09 Jan 2014 01:05:15 GMT
Reuters – A Senate panel will hold a hearing next week to question financial regulators over Wall Street's role in physical commodity markets, drawing fresh attention to a controversy over the possible risks posed …
[$$] Rubbing Tax Salt in J.P. Morgan's Settlement Wound
Wed, 08 Jan 2014 23:45:06 GMT
The Wall Street Journal – A twist to the agreement announced Tuesday by J.P. Morgan Chase means the legal action will cut more into earnings than investors may have expected.
NY judge OKs JPMorgan $1.7B deal with government
Wed, 08 Jan 2014 23:31:59 GMT
NY judge OKs JPMorgan $1.7B deal with government
Wed, 08 Jan 2014 23:31:59 GMT
AP – A judge on Wednesday approved a non-prosecution agreement reached after JPMorgan Chase & Co. agreed to pay $1.7 billion to settle criminal charges stemming from its failure to report its concerns about …
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