JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $110.00 short put and a strike $105.00 long put offers a potential 28.21% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $110.00 by expiration. The full premium credit of $1.10 would be kept by the premium seller. The risk of $3.90 would be incurred if the stock dropped below the $105.00 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 35.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Rivals look to dislodge Wall Street trio after Uber and Lyft stumbles
Wed, 22 May 2019 04:27:35 +0000
Morgan Stanley, Goldman Sachs and JPMorgan have a vice-like grip on advising top technology companies. and Lyft’s weak initial public offerings, rival banks are hoping for an opportunity for some market disruption. “The quality of deal execution is being called into question more, by both corporates and VCs [venture capital firms],” said David Hermer, head of equity capital markets at Credit Suisse, noting that a “small number of banks have a disproportionate share of leadership roles in technology IPO”.
JPMorgan Chase Declares Common Stock Dividend
Tue, 21 May 2019 20:26:00 +0000
The Board of Directors of JPMorgan Chase & Co. declared a quarterly dividend on the outstanding shares of the common stock of JPMorgan Chase.
JPMorgan shareholders approve executive pay, fewer votes than last year
Tue, 21 May 2019 18:22:42 +0000
JPMorgan Chase & Co said on Tuesday that only 72% of shareholder votes approved its executive compensation packages, marking unusual opposition to pay for the bank's top leaders. About 93% supported JPMorgan's executive pay last year. JPMorgan Chase also said all of its directors were elected, and that a shareholder proposal that the bank report annually on its global gender pay gap was voted down, according to preliminary tallies.
Top 7 Books to Learn Technical Analysis
Tue, 21 May 2019 18:04:52 +0000
Here are seven of the best books written on technical analysis to help traders and investors understand and apply technical analysis.
This is the biggest Saudi IPO in almost five years — and the first to be sold directly to U.S. investors
Tue, 21 May 2019 18:02:00 +0000
It has also been amended to reflect that shares of Arabian Centres are due to start trading on Wednesday. It will be the biggest initial public offering since the $6bn listing of lender National Commercial Bank in late 2014.
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