Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $305.00 short put and a strike $300.00 long put offers a potential 6.38% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $305.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $4.70 would be incurred if the stock dropped below the $300.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard 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 Mastercard is bullish.
The RSI indicator is at 56.84 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Mastercard
3 Recession-Ready Stocks to Buy Right Now
Mon, 27 Jul 2020 17:04:00 +0000
Other industries are more recession-proof because they provide things we can't live without, like food, essential technology, and healthcare, among others. As an essential business throughout the COVID-19 shutdowns, Walmart (NYSE: WMT) has continued to perform throughout the recession. This big-box store is a classic recession-proof stock — it sells low-priced merchandise, including food and daily essentials, and its massive market share makes it the world's biggest brick-and-mortar retailer, with $524 billion in revenue last year.
Mastercard (MA) to Post Q2 Earnings: What Awaits the Stock?
Mon, 27 Jul 2020 16:38:04 +0000
Mastercard's (MA) Q2 earnings are likely to have been dented by overall weak business volumes as a result of the coronavirus adversity.
Visa (V) and Mastercard (MA) Back on Growth Track
Mon, 27 Jul 2020 16:10:16 +0000
Wall Street consensus on Visa and Mastercard stocks remains highly bullish, with “Strong Buy” ratings powered by 18 “Buy” recommendations for each issue. Mastercard provided a bullish update on second quarter operating metrics in late June, noting that volume “continues to show an improving trend since the week ending May 28, in part due to the further relaxation of social distancing measures in several markets and the impact of fiscal stimulus in the United States.”
2 Stocks You Can Buy and Hold Forever
Sat, 25 Jul 2020 14:33:00 +0000
Nike (NYSE: NKE) is undoubtedly one of the world's strongest sports and apparel brands. Founded in 1964 and then listed in 1980, the company has built up a reputation for quality and innovation, primarily in its athletic shoes. With overheads still high during the period, Nike ended up reporting a net loss of $790 million for the quarter.
Muted spending growth in pandemic doesn’t cancel big opportunities for payments companies
Fri, 24 Jul 2020 17:46:00 +0000
COVID-19 is creating short-term spending pain for many payment providers, but it’s also driving new purchasing habits that could leave the companies in a stronger position once the crisis is over.
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