JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $115.00 short put and a strike $110.00 long put offers a potential 31.23% return on risk over the next 17 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $115.00 by expiration. The full premium credit of $1.19 would be kept by the premium seller. The risk of $3.81 would be incurred if the stock dropped below the $110.00 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
3 Best JP Morgan Mutual Funds to Consider
Mon, 29 Jan 2018 10:02:10 +0000
Below we share with you three top-ranked JPMorgan mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy)
JPM's Callahan Erdoes Says 2018 Will Be Harder for Markets
Fri, 26 Jan 2018 16:29:09 +0000
Jan.26 — JPMorgan Asset Management Chief Executive Officer Mary Callahan Erdoes discusses fixed income outflows, bond investments and the growth opportunities in asset management. She speaks with Bloomberg's Erik Schatzker at the World Economic Forum's annual meeting in Davos, Switzerland.
Trump caps the strangest Davos week in markets by being somewhat normal
Fri, 26 Jan 2018 15:38:02 +0000
Yahoo Finance's Jared Blikre and Stephanie Sy break down the latest market action.
3 Top Bank Stocks to Buy Right Now
Fri, 26 Jan 2018 12:06:00 +0000
Not all bank stocks are too expensive — here are three that look good right now.
Paris could overtake London as top financial centre – Le Maire
Fri, 26 Jan 2018 08:46:42 +0000
Paris could overtake London as Europe's most important financial centre in a matter of years, French Finance Minister Bruno Le Maire said, after days of wooing American and European bankers in the Swiss Alps and gilded Palace of Versailles. In an interview with Reuters at the World Economic Forum in Davos, Le Maire pointed to France's strong regulatory framework, the business-friendly reforms being implemented by President Emmanuel Macron and the allures of Paris as a place to live.
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