Microsoft's most recent trend suggests a bullish bias. One trading opportunity on Microsoft is a Bull Put Spread using a strike $217.50 short put and a strike $212.50 long put offers a potential 28.53% return on risk over the next 21 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $217.50 by expiration. The full premium credit of $1.11 would be kept by the premium seller. The risk of $3.89 would be incurred if the stock dropped below the $212.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Microsoft is bullish and the probability of a rise 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 Microsoft is bullish.
The RSI indicator is at 63.42 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Microsoft
Robinhood's 10 Most Held Stocks See Big Changes
Thu, 24 Dec 2020 10:51:00 +0000
For months, Robinhood's leaderboard — i.e., the 100 most held stocks on the platform — hasn't changed all that much. Although the order has flipped around a bit, the five most held stocks on Robinhood have been in the top 10 for quite some time.
The House That Jack Ma Built Is China's Own Creation
Thu, 24 Dec 2020 05:05:15 +0000
(Bloomberg Opinion) — Should Chinese regulators determine Jack Ma’s Alibaba Group Holding Ltd. to be a monopoly, they ought to look directly to Beijing for an explanation as to how it happened. On Thursday, China announced an investigation into alleged monopolistic practices at the Hangzhou-based e-commerce giant. Ant Group Co. is also in the crosshairs, as the central bank and the banking watchdog will separately summon Ma’s fintech affiliate to a meeting. The swift share price reaction, which saw Alibaba drop as much as 7.9% in Hong Kong trading, indicates investors take these two probes seriously.And yet, Alibaba’s 20-year rise to supremacy is due in no small part to government policies, which protected and coddled the now-booming internet sector. Under the guise of national security, successive leaders have implement censorship, foreign-ownership restrictions and other limitations that stamped out competition from overseas.For years, companies like Baidu Inc., Alibaba, and Tencent Holdings Ltd. — collectively known as BAT — were feted as examples of China’s innovation and modernization. Not to take anything away from their respective founders, who built incredible businesses from the ground up, but not having to deal with the likes of Microsoft Corp., Google, Amazon.com Inc., and Facebook Inc. gave them a protective shield. Meanwhile an atmosphere of leniency during their nascent development phases helped incubate these companies into the giants they would later become. Beijing allowed and encouraged this to happen.But now the Alibaba Empire is too big, and China wants to clip its wings. The move is not unexpected. Ant’s November initial public offering, which would have been the world’s biggest, was pulled at the last minute and weeks after Ma gave a speech in Shanghai criticizing regulators. It’s likely other companies will face similar scrutiny.Beijing seeks to better regulate and guide development of the platform economy, China’s government mouthpiece, the People’s Daily, wrote soon after the probes were announced, referring to the structure where companies offer multiple services through the same app or website. This move doesn’t reflect any change in attitude toward supporting and encouraging the sector, the paper wrote, but combating monopolies has become an urgent issue as resources flow to the top.It’s tempting to compare this development to similar moves in the U.S. and Europe, where all the big names are now under the shadow of antitrust probes. The differences are huge. U.S. regulators can only wish they had the power to stymie names like Google, Facebook or Amazon. But the laissez-faire structure there means the best Washington can do is wait for a company to become large enough to be called a monopoly, and then step in to stifle or break it up.In China, the strong arm of government is everywhere — both explicit and implicit — with executives forced to walk a fine line between being close to officials, and being too close. Mainland companies have become the nation’s greatest cheerleaders and, at times, their worst villains.Whether or not Alibaba is formally determined to have engaged in monopolistic practices may end up being irrelevant. The mere prospect of being reined in is enough to force executives into action, and contrition. According to the Wall Street Journal, Ma himself had already offered to hand over slices of Ant in what looks like a peace offering to Beijing before the IPO was pulled. Contrast that to Mark Zuckerberg’s calm defiance in the face of congressional questioning.In the end, a peace offering may not be enough. Beijing helped create China’s internet companies and will decide alone what to do with them.This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Tim Culpan is a Bloomberg Opinion columnist covering technology. He previously covered technology for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
Cyberpunk 2077’s Opening Sales Were Below Expectations. What It Means for CD Projekt Stock.
Wed, 23 Dec 2020 21:59:00 +0000
Videogame publisher (CDR) said earlier this week that it had sold 13 million copies of its latest title Cyberpunk 2077 since its launch two weeks ago, in what looks to be an effort to reassure investors after a rocky launch. The Dec. 10 launch of the Polish company’s nearly decadelong effort to make Cyberpunk 2077 didn’t go well: The game was—and still is—riddled with bugs, and was almost unplayable on prior generation console systems made by (MSFT) (ticker: MSFT) and (6758) (SNE). The release of the title was received so poorly by players that it has jeopardized the company’s reputation as a gamer-first business, raised the threat of a class-action lawsuit against the publisher, and caused CD Projekt to say that it would refund disappointed players.
Dow Jones Fades As Nasdaq Reverses Lower; These Stocks Trade In Buy Zones
Wed, 23 Dec 2020 21:21:15 +0000
The Dow Jones Industrial Average held earlier gains into the close on Wednesday while the Nasdaq composite and S&P 500 also rose.
15 Biggest Software Companies in the World
Wed, 23 Dec 2020 19:37:15 +0000
In this article, we are going to list the 15 biggest software companies in the world. Click to skip ahead and jump to the 5 biggest software companies in the world. If you are reading this on your laptop or desktop, that medium is hardware. The program that runs your laptop is called software. By definition, the […]
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