Morgan Stanley's most recent trend suggests a bullish bias. One trading opportunity on Morgan Stanley is a Bull Put Spread using a strike $90.00 short put and a strike $85.00 long put offers a potential 32.98% return on risk over the next 34 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $90.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $85.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Morgan Stanley 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 Morgan Stanley is bullish.
The RSI indicator is at 66.11 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
China Plans to Exempt H.K. IPOs From Cybersecurity Reviews
Fri, 16 Jul 2021 09:29:17 +0000
(Bloomberg) — China plans to exempt companies going public in Hong Kong from first seeking the approval of the country’s cybersecurity regulator, removing one hurdle for businesses that list in the Asian financial hub instead of the U.S., according to people familiar with the matter.The exemption was outlined by officials in recent meetings with bankers, after a government statement on Saturday announcing a new review process for foreign listings prompted questions over whether it would apply t
TSMC Shares Tumble As Margin Concerns Outweigh Strong Demand
Fri, 16 Jul 2021 08:17:51 +0000
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. shares dropped the most in more than four months after its gross margins disappointed investors who had banked on the chipmaker to benefit from the ongoing chip shortage.The stock sank 4.1% in Taipei trading Friday, snapping four days of gains. Gross margin for the second quarter was 50%, below the roughly 51% average predicted by analysts, in part because of the appreciation in the Taiwan dollar during the period. For the September quarter,
SoftBank-Backed Paytm Targets Record $2.2 Billion India IPO
Fri, 16 Jul 2021 07:16:48 +0000
(Bloomberg) — Paytm, the Indian digital payments pioneer backed by SoftBank Group Corp., is seeking approval for a $2.2 billion initial public offering that could be India’s largest.The startup backed also by Berkshire Hathaway Inc. and Jack Ma’s Ant Group Co. plans to raise as much as 166 billion rupees ($2.2 billion) from its share sale. The IPO will include an equal amount of new and secondary shares, according to a Draft Red Herring Prospectus filed with the regulator on Friday.Formally cal
Morgan Stanley slips, TSMC falls, Netflix gains as AMC bounce back
Thu, 15 Jul 2021 18:47:29 +0000
Yahoo Finance’s Jared Blikre reports on the day's trending tickers.
End of trading boom casts cloud over Wall Street bank earnings
Thu, 15 Jul 2021 17:31:05 +0000
The pandemic-era trading boom has started to slow down for Wall Street banks, reviving pressure on icons like Goldman Sachs and Morgan Stanley to reinvent those businesses. The COVID-19 pandemic transformed banks' trading desks, which had struggled with lethargic revenue growth in the years since the 2007-09 financial crisis as tougher regulations and technological advancements crimped margins. From being the laggard in most investment banks, traders took center stage last year, generating bumper revenue and profits as clients scrambled to reposition their portfolios in highly volatile markets.
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