JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $114.00 short put and a strike $109.00 long put offers a potential 18.2% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $114.00 by expiration. The full premium credit of $0.77 would be kept by the premium seller. The risk of $4.23 would be incurred if the stock dropped below the $109.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for JP Morgan 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 JP Morgan is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought 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 JP Morgan
EU officials reject City of London's Brexit blueprint for banks – sources
Wed, 31 Jan 2018 10:53:24 +0000
European Commission officials have rejected the City of London's proposal to strike a post-Brexit free trade deal on financial services, a major blow to Britain's hopes of keeping full access to EU markets for one of the world's top two financial centres. Ever since Britain voted to leave the EU nineteen months ago, some of the world's most powerful finance companies in London have been searching for a way to preserve the existing cross-border flow of trading after it leaves the bloc in 2019. Officials from the European Union's executive told British financiers in meetings in recent weeks that they won't agree to a deal that would allow finance companies to operate in each others' markets without barriers because Britain has said it will leave the single market, according to two people who attended the meetings.
[$$] Triple Threat: Amazon, Berkshire, JPMorgan Rattle Health-Care Firms
Wed, 31 Jan 2018 05:40:51 +0000
Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. rattled the stock market with plans to form a health-care not-for-profit that will use technology to cut costs.
JPMorgan Chase Financial Company LLC Announces Pricing of Cash-Settled Equity Linked Notes Linked to the Common Stock of Voya Financial, Inc. Due May 1, 2023
Wed, 31 Jan 2018 02:00:00 +0000
JPMorgan Chase Financial Company LLC today announces the pricing of its public offering of $350 million of cash-settled equity linked notes linked to the common stock of Voya Financial, Inc.
Amazon, Buffett and JPMorgan join forces on health care
Wed, 31 Jan 2018 01:57:41 +0000
Three of corporate America's heaviest hitters — Amazon, Warren Buffett and JPMorgan Chase — sent a shudder through the health industry Tuesday when they announced plans to jointly create a company to provide their employees with high-quality, affordable care.
For Bezos, Buffett and Dimon, a Health Push Years in the Making
Wed, 31 Jan 2018 01:24:08 +0000
It’s a stronghold of insider Washington, a place where billionaires and former presidents mingle in black-tie splendor.
Also on Market Tamer…
Follow Us on Facebook