US Bancorp's most recent trend suggests a bullish bias. One trading opportunity on US Bancorp is a Bull Put Spread using a strike $54.50 short put and a strike $49.50 long put offers a potential 6.16% return on risk over the next 7 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $54.50 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $49.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for US Bancorp 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 US Bancorp is bullish.
The RSI indicator is at 75.04 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for US Bancorp
See what the IHS Markit Score report has to say about U.S. Bancorp.
Fri, 01 Dec 2017 13:01:47 +0000
U.S. Bancorp NYSE:USB
Big U.S. banks in last-ditch push on regulatory relief bill
Thu, 30 Nov 2017 22:36:33 +0000
Wall Street banks and big regional lenders are scrambling to secure changes to a U.S. Senate bill easing rules on smaller banks ahead of a key lawmaker meeting next week, several bank lobbyists told Reuters. The effort underscores how a year into the presidency of Republican Donald Trump, who pledged to slash financial red tape, the largest U.S. banks are still struggling to secure the regulatory relief they had hoped for. The bill offers little relief for many bigger lenders but lifts a significant burden for smaller banks and custodians.
Tax Law Changes Could Chill Solar, Wind Investments
Wed, 29 Nov 2017 15:41:00 +0000
Lower corporate taxes as proposed in congressional tax bills could make renewable power projects in the US more difficult to finance.
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Wed, 29 Nov 2017 13:30:00 +0000
NEW YORK, Nov. 29, 2017– In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of U.S. …
Citi shares low-tech cash machines to lure customers on the cheap
Wed, 29 Nov 2017 06:20:31 +0000
Citigroup Inc has plugged into tens of thousands of outside vendors' cash dispensers across the United States this year, part of a plan to cut costs and entice customers after closing hundreds of branches. It signed up with major U.S. ATM network Allpoint, continued using another, MoneyPass, and now retail customers can access their money, fee-free, at 64,000 machines in assorted stores across the country with a Citi smartphone locator app. Before Citi fully-embraced that strategy though, it asked customers what they most wanted from a bank that they could not get from smartphones, which customers are increasingly using for payments, checking balances and making deposits.
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