JP Morgan's most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $105.00 short put and a strike $100.00 long put offers a potential 43.27% 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 $105.00 by expiration. The full premium credit of $1.51 would be kept by the premium seller. The risk of $3.49 would be incurred if the stock dropped below the $100.00 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 38.88 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Brooklyn Navy Yard taps new funds to redesign old Sweet’N Low factory
Tue, 30 Oct 2018 21:48:04 +0000
The development company behind the sprawling complex has closed a round of financing that it expects will deliver more than 300 permanent jobs to the area.
The Saucer Base: This Bank Stock's Base Formed At A Geological Pace
Tue, 30 Oct 2018 20:05:07 +0000
Bank stock JPMorgan and many others were depressed for months ahead of the 2016 presidential election. That provided time for a long-term chart pattern called a saucer to form.
Even Jamie Dimon Should Answer to Someone
Tue, 30 Oct 2018 17:14:51 +0000
On Friday, Bloomberg News reported that for almost six years starting in 2012, the Office of the Comptroller of the Currency, a U.S. bank regulator, halted JPMorgan from significantly expanding its bank branches. Putting aside the issue of whether regulators should be encouraging what is already the largest U.S. bank to get even bigger, the branch expansion ban, which had not been reported before, is no longer an issue for JPMorgan. It was removed earlier this year — one of the many moves by regulators appointed by Donald Trump to ease rules on banks — and JPMorgan is now planning to aggressively open retail branches.
Mastercard Earnings, Revenue beat in Q3
Tue, 30 Oct 2018 15:08:03 +0000
Investing.com – Mastercard (NYSE:MA) reported third quarter earnings that beat analyst's expectations on Tuesday and revenue that topped forecasts.
Airline Stocks Just May Be Set to Get Off the Ground
Tue, 30 Oct 2018 14:27:00 +0000
With third-quarter earnings season wrapping up for airlines, analysts see reason to stay bullish on the sector.
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