Morgan Stanley's most recent trend suggests a bullish bias. One trading opportunity on Morgan Stanley is a Bull Put Spread using a strike $95.00 short put and a strike $90.00 long put offers a potential 31.23% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $95.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 would be incurred if the stock dropped below the $90.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Morgan Stanley 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 Morgan Stanley is bullish.
The RSI indicator is at 60.15 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 Morgan Stanley
Morgan Stanley Investment Management Raises $1.6 billion for North Haven Credit Partners III
Tue, 03 Aug 2021 11:29:00 +0000
NEW YORK, August 03, 2021–Morgan Stanley Investment Management today announced that it has raised $1.6 billion for North Haven Credit Partners III (“NHCP III” or the “Fund”), exceeding its original fundraising target by 29%. Investors in NHCP III, the successor fund to North Haven Credit Partners II, include public and private pension funds, sovereign wealth funds, insurance companies and individual investors. The Fund, managed by the Morgan Stanley Private Credit team, will focus primarily on
Australia Sticks With Taper Plan Even as Virus Dents Economy
Tue, 03 Aug 2021 07:39:22 +0000
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.A surprisingly bullish Reserve Bank of Australia said it will stick with its planned tapering of bond purchases, wagering that the economy will recover rapidly from a contraction this quarter driven by Sydney’s protracted virus lockdown.The currency rose after Governor Philip Lowe wrong-footed economists by staying on track to reduce the pace of weekly buying to A$4 billion ($3 billion)
Dutch criminal authorities ask Morgan Stanley for documents related to tax probe
Mon, 02 Aug 2021 22:09:00 +0000
Morgan Stanley in its quarterly report said the probe followed civil litigation by the Dutch Tax Authority into the bank having taken 124 million euros ($147.21 million)of credits to reduce its corporate tax liabilities for the 2007 to 2013 tax years. The tax authority has said Morgan Stanley did not have legal title to securities that would have entitled it to the credits, the bank said. Morgan Stanley declined to elaborate on the filing.
SoftBank-Backed Policybazaar Seeks to Join India’s IPO Train
Mon, 02 Aug 2021 06:23:10 +0000
(Bloomberg) — Online insurance marketplace Policybazaar has filed for an initial public offering that could raise as much as 60.18 billion rupees ($809 million), joining a growing list of startups preparing to tap capital markets as India’s digital economy booms.The owner of the SoftBank Group Corp.-backed startup has submitted initial documents with the market regulator for what would be the third-largest Indian debut of 2021. It plans to raise up to 37.5 billion rupees via a sale of new share
15 Best Financial Stocks to Buy Now
Sat, 31 Jul 2021 13:54:03 +0000
In this article, we discuss the 15 best financial stocks to buy now. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Financial Stocks to Buy Now. On July 29, the United States Department of Commerce released a report detailing that the US economy had surpassed the […]
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