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 25.31% return on risk over the next 14 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 $1.01 would be kept by the premium seller. The risk of $3.99 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 at 75.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
JPMorgan says it is a subject of SEC probe of ADR abuses
Wed, 01 Aug 2018 23:50:29 +0000
JPMorgan Chase & Co (JPM.N) said on Wednesday it is among banks and securities dealers being investigated by the U.S. Securities and Exchange Commission for their handling of so-called “pre-released” American Depositary Receipts (ADR) between 2011 and 2015. The disclosure, made in a regular quarterly filing by JPMorgan, comes after the SEC said on July 20 that Deutsche Bank (DBKGn.DE) had agreed to pay nearly $75 million (57.13 million pounds)to settle its part of a continuing investigation into mishandling of the securities. ADRs are U.S. securities that represent foreign shares of a foreign company.
Wed, 01 Aug 2018 21:54:15 +0000
Facebook is spending heavily to avoid a repeat of the Russian interference that played out on its service in 2016.But it doesn't appear to have the upper hand yet — and may never. Its adversaries are wily, more adept at camouflaging themselves and apparently aren't always detectable by Facebook's much-vaunted artificial intelligence systems. WASHINGTON (AP) — The Trump administration is proposing raising planned taxes on $200 billion in Chinese imports to 25 percent from 10 percent, turning up the pressure on Beijing in a trade war between the world's two biggest economies.
JPMorgan Chase Files Form 10-Q for the Quarter Ended June 30, 2018
Wed, 01 Aug 2018 21:02:00 +0000
JPMorgan Chase & Co. has filed its Quarterly Report on Form 10-Q for the quarter ended June 30, 2018 with the SEC. The report is available on the SEC's website at https://www.sec.gov and will be available on the Firm's Investor Relations website at www.jpmorganchase.com/investor-relations under SEC & Other Filings.
JPMorgan Chase Financial Company LLC Declares Updated Quarterly Coupon on Cushing® 30 MLP Index ETN
Wed, 01 Aug 2018 20:45:00 +0000
JPMorgan Chase Financial Company LLC announced today the updated quarterly coupon amount for the Cushing® 30 MLP Index ETN . The table below summarizes the coupon amount for the Cushing® 30 MLP Index ETN .
Banking Roundup: Wells Fargo hit by $2B fine over mortgages… JPMorgan CEO interview
Wed, 01 Aug 2018 19:21:12 +0000
The nation’s largest banks — such as JPMorgan Chase, Bank of America, Wells Fargo, Citigroup, Goldman Sachs, and Morgan Stanley — have operations around the country. Here are other recent stories reported by The Business Journals and other media outlets.
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