JP Morgan's most recent trend suggests a bearish bias. One trading opportunity on JP Morgan is a Bear Call Spread using a strike $110.00 short call and a strike $115.00 long call offers a potential 16.01% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $110.00 by expiration. The full premium credit of $0.69 would be kept by the premium seller. The risk of $4.31 would be incurred if the stock rose above the $115.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for JP Morgan 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 JP Morgan is bearish.
The RSI indicator is at 34.47 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Dollar Attempts Recovery as EUR/USD Rally Fades Ahead of Italy Vote
Mon, 04 Jun 2018 19:53:00 +0000
Investing.com – The U.S. dollar cut its losses against its rivals Monday on mostly positive data and a retreat in the euro from highs as Italy faces a parliamentary vote to rubber stamp its new government on Tuesday.
JP Morgan's 'bottom line' on GE: It needs to cut the divi…
Mon, 04 Jun 2018 19:15:00 +0000
General Electric's turnaround plan will require the company cut its quarterly dividend again, J.P. Morgan analyst Stephen Tusa says. "The bottom line is that we see the need to de-risk substantially, which includes the need for cash and a cut to the di…
JPMorgan Chase: Technicals Signal Bull Markets Could Rise
Mon, 04 Jun 2018 13:45:35 +0000
Previously, we discussed JPMorgan Chase (JPM) analyst Jason Hunter’s view that the broader-market S&P 500 (SPY) could reach new highs in future months. According to CNBC, in a note to clients, he stated that “technicals continue to suggest consolidation within a late-cycle rally. The S&P 500 reached an all-time high of 2,872.87 on January 26. According to JPMorgan Chase, this struggle could signal that the index is in consolidation.
JPMorgan Chase: S&P 500 Could Soon Reach New Highs
Mon, 04 Jun 2018 13:45:32 +0000
Investment bank JPMorgan Chase (JPM) shared its views on market movement, financial sectors, and banking stocks in a note to clients on May 24. Jason Hunter, head of global fixed income and US equity technical strategy, recently said that the broader-market S&P 500 (SPY) could soon reach new highs.
5 Financial Myths That Are Totally False
Mon, 04 Jun 2018 12:32:00 +0000
If you want to be a real estate investor, consider owning a rental property or invest in REITs, for example. No. Don’t carry a credit balance, unless you like paying interest. If you have a credit card, pay it off in full each month.
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