Mastercard's most recent trend suggests a bullish bias. One trading opportunity on Mastercard is a Bull Put Spread using a strike $350.00 short put and a strike $345.00 long put offers a potential 61.29% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $350.00 by expiration. The full premium credit of $1.90 would be kept by the premium seller. The risk of $3.10 would be incurred if the stock dropped below the $345.00 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 64.56 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 Mastercard
Bitcoin price – latest: Record-breaking run for cryptocurrency stalled by flash crash
Mon, 11 Jan 2021 08:54:01 +0000
Bitcoin crashed over the weekend to below $34,000, having hit a new all-time high last week above $42,000. The last major bull run in 2017 saw bitcoin’s price rise from a few thousand dollars to around $20,000, however it was followed by a painful correction. The notoriously volatile market is prone to sudden movements, as was demonstrated earlier this week when bitcoin fell by around $6,000 in the space of just a few hours.
3 Warren Buffett Stocks That Should Be Big Winners in 2021
Sun, 10 Jan 2021 11:11:00 +0000
Here are three Warren Buffett stocks that should especially be big winners in 2021. Apple (NASDAQ: AAPL) is arguably Warren Buffett's favorite stock, trailing only Berkshire itself. Unlike Berkshire, the tech giant was sizzling hot last year with its shares skyrocketing nearly 81% higher.
Benzinga's First Bulls And Bears Of 2021: Ford, Mastercard, PepsiCo, 3M, Tesla And More
Sat, 09 Jan 2021 18:47:13 +0000
* Benzinga has examined the prospects for many investor favorite stocks over the past week. * The week's bullish calls included automakers and a recovering retailer. * Beverage giants and a satellite radio leader were among the bearish calls.The major U.S. indexes finished a busy and hectic first week of 2021 with modest gains, led by a 2.4% rise in the Nasdaq. The historic Georgia runoff election results were followed by seditious violence in Washington, D.C., that was widely condemned, failed to stop certification of presidential election results and has led to some blowback on the current president already.In addition, there was more good news about the COVID-19 vaccines, even as the pandemic led to further lockdowns. An aerospace leader appeared set to put its troubles behind it, only to face fresh bad news. Meanwhile, a transportation and delivery giant aims to expand its air cargo fleet.Also last week, a financial giant faced new federal scrutiny, Bitcoin continued to soar, and the latest jobs numbers were ugly.Through it all, Benzinga continued to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.Bulls In “Why The Biden Administration Could Be Very Bullish For Ford, GM,” Wayne Duggan discusses why Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) are likely to see their fair share of $40 billion in federal funding intended for clean energy efforts.”4 Reasons Why Li Auto Is Poised For 48% Compounded Annual Growth Over By 2025″ by Shanthi Rexaline examines four reasons why Chinese electric vehicle startup Li Auto Inc. (NASDAQ: LI) is poised to outperform in the near to medium term, according to one top analyst.Priya Nigam's “BofA Upgrades Mastercard On ‘Potentially Priceless Opportunity'” focuses on how Mastercard Inc (NYSE: MA) could benefit from pent-up demand for both domestic and cross-border leisure travel, an opportunity not reflected in the recent share price.Enterprise Products Partners LP (NYSE: EPD) is among “Bond King” Bill Gross's top picks for 2021. So says Chris Katje's “Tesla, SPACs ‘May Struggle,' Natural Gas To Shine In 2021: Bill Gross.” See why it and peers could outperform the favorites of “day trading Robinhoods.”In Jayson Derrick's “Why The Year Ahead Looks Promising For Bed Bath & Beyond,” see why specialty retailer Bed Bath & Beyond Inc. (NASDAQ: BBBY) showed strong momentum heading into the new year, lifting expectations for its upcoming fiscal third-quarter earnings report.For additional bullish calls of the past week, also have a look at the following: * 4 Reasons The Stock Market Rally Could Resume In 2021 * Jim Cramer's 9 Dividend Stock Picks For Fixed Income Investors * Georgia Runoff Results Bode Well For Cannabis If Lawmakers Follow Through, Industry Pros SayBears In Wayne Duggan's “Michael Burry To Tesla Investors: ‘Enjoy It While It Lasts',” see why a former hedge fund manager is sticking with his bearish bet on Tesla Inc (NASDAQ: TSLA) even though other bears have thrown in the towel and upgraded the stock. Will the Tesla story ultimately end poorly?”RBC Highlights Valuation Concerns In Coca-Cola, PepsiCo Downgrades” by Jayson Derrick shows why the bullish case for beverage giants Coca-Cola Co (NYSE: KO) and PepsiCo, Inc. (NYSE: PEP) has come to an end. What growing pains and headwinds do they face?Henry Khederian's “Is SiriusXM Screwing Up By Potentially Losing The New ‘King of All Media' Dave Portnoy?” argues that Sirius XM Holdings Inc (NASDAQ: SIRI) has backed the wrong horse by choosing to renew Howard Stern's contract.Increased regulation and legislation are likely to affect the financial liability of 3M Co (NYSE: MMM), according to “Why A Democratic Congress Is Turning This 3M Analyst Bearish” by Priya Nigam. See why negative headlines and lawsuits may be ahead.For more bearish takes, be sure to check out these posts: * Airlines Expect Turbulent 2021 After 2020 Erased Two Decades Of Passenger Traffic Growth * Scott Nations Is Bearish On 10-Year TreasuriesAt the time of this writing, the author had no position in the mentioned equities.Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.Photo courtesy of Ford.See more from Benzinga * Click here for options trades from Benzinga * Barron's First Picks And Pans Of 2021: Disney, Home Depot, Intel, Nike, Nordstrom And More * Notable Insider Buys Of The Past Week: Danimer Scientific, Cheniere Energy Partners And More(C) 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
I See Mastercard Paying Off … but Not Sure When
Thu, 07 Jan 2021 18:55:00 +0000
In this updated daily bar chart of MA, below, we can see that prices have stalled a number of times around $360. Right now MA is above the rising 50-day moving average line and above the rising 200-day moving average line. The Moving Average Convergence Divergence (MACD) oscillator has been staying close to the zero-line the past couple of months.
MasterCard (MA) Gains But Lags Market: What You Should Know
Wed, 06 Jan 2021 22:45:10 +0000
MasterCard (MA) closed the most recent trading day at $347.45, moving +0.01% from the previous trading session.
Related Posts
Also on Market Tamer…
Follow Us on Facebook