US Bancorp's most recent trend suggests a bearish bias. One trading opportunity on US Bancorp is a Bear Call Spread using a strike $46.00 short call and a strike $51.00 long call offers a potential 25.31% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $46.00 by expiration. The full premium credit of $1.01 would be kept by the premium seller. The risk of $3.99 would be incurred if the stock rose above the $51.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for US Bancorp 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 down which suggests that the medium-term momentum for US Bancorp is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 US Bancorp
Why the Earnings Surprise Streak Could Continue for U.S. Bancorp (USB)
Fri, 28 Dec 2018 15:10:03 +0000
U.S. Bancorp (USB) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
[$$] Regulators Lift Consent Order Against U.S. Bancorp
Sat, 22 Dec 2018 00:04:39 +0000
The Office of the Comptroller of the Currency disclosed the termination as part of its monthly update on enforcement actions. The Justice Department filed criminal charges in Manhattan at the time, saying the bank’s poor controls had allowed a former customer, race-car driver Scott Tucker, to launder money from an illegal payday-lending scheme. Mr. Tucker was convicted of fraud last year.
House Republican to regulators: Ease Volcker rule on large banks
Fri, 21 Dec 2018 21:48:13 +0000
One House GOP member is upset over bank regulators' interpretation of a law providing "community bank" regulatory relief from a post-crisis regulation known as the Volcker rule.
3 Warren Buffett Stocks Worth Buying Now
Fri, 21 Dec 2018 17:20:00 +0000
If you'd like to take a page out of Warren Buffett's book on investing, check out these three stocks.
U.S. Bancorp Announces OCC’s Termination of AML-Related Consent Order
Fri, 21 Dec 2018 16:10:00 +0000
U.S. Bancorp (USB) today announced that the Office of the Comptroller of the Currency (OCC) has terminated its 2015 consent order related to the company’s Anti-Money Laundering (AML) and Bank Secrecy Act (BSA) program and controls. Since 2014, U.S. Bancorp has made significant investments to improve and strengthen its AML and BSA controls, including a new AML and BSA leadership team as well as improved and enhanced processes and systems.
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