JP Morgan's most recent trend suggests a bearish bias. One trading opportunity on JP Morgan is a Bear Call Spread using a strike $140.00 short call and a strike $150.00 long call offers a potential 24.69% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $140.00 by expiration. The full premium credit of $1.98 would be kept by the premium seller. The risk of $8.02 would be incurred if the stock rose above the $150.00 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 26.56 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Phoenix developer, J.P. Morgan team up to invest $1B in industrial, warehouse projects
Mon, 11 Apr 2022 21:21:38 +0000
The joint venture has set its eyes on seven projects in Arizona, New York, New Jersey and Texas, including three projects in the Phoenix area.
Stocks of the Week: Aflac, Mosaic, Retailers
Mon, 11 Apr 2022 20:52:00 +0000
The S&P 500 Index (SPX) was down 5.83% and the Russell 2000 Index (RUT) slid 11.17% over the same time period. “With just over a quarter in the books in 2022, we are seeing a divergence in performance between large-cap stocks (as measured by the S&P 500) and small-caps (as measured by the Russell 2000),” TheStreet's Jonathan Heller noted on Real Money last week. “As of Thursday, April 7, the S&P was down 5.21% while the Russell was off by 10.21%,” he said.
Amazon Kicks Off a Jumbo 7-Part Bond Sale Including 40-Year Debt
Mon, 11 Apr 2022 20:47:43 +0000
(Bloomberg) — Amazon.com Inc. sold $12.75 billion of investment-grade bonds for general corporate purposes that may include repaying debt as well as funding acquisitions and share buybacks in its first note sale in about a year.Most Read from BloombergU.S. Pullout of Locked-Down Shanghai Deepens China TensionsUkraine Update: U.S. Warns India Over Russian Energy ImportsEurope Moves to Arm Ukraine as Sanctions Fail to Sway PutinUkraine Update: Austria Chancellor to Meet Putin; New War FrontCovid
Company News for Apr 11, 2022
Mon, 11 Apr 2022 12:48:12 +0000
Companies In The News Are: WDFC, JPM, GS, ICAGY.
Bank earnings expected to decline despite boost from Fed rate hikes
Mon, 11 Apr 2022 10:58:17 +0000
Banks will kick off earnings season. The latest quarterly figures are expected to preface a lackluster year for bank profits despite the lift anticipated from higher interest rates.
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