JP Morgan's most recent trend suggests a bearish bias. One trading opportunity on JP Morgan is a Bear Call Spread using a strike $128.00 short call and a strike $133.00 long call offers a potential 56.74% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $128.00 by expiration. The full premium credit of $1.81 would be kept by the premium seller. The risk of $3.19 would be incurred if the stock rose above the $133.00 long call 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 down which suggests that the medium-term momentum for JP Morgan is bearish.
The RSI indicator is at 33.28 level which suggests that the stock is neither overbought nor oversold at this time.
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
JPMorgan’s Stock Has Taken a Blow. Now Is the Time to Buy.
Sun, 24 Apr 2022 21:41:00 +0000
Investors are unhappy with the bank’s increased spending and its reduced stock buybacks. That just means you can buy a powerful banking franchise on the cheap.
3 Dirt-Cheap Dividend Stocks That Are Passive Income Machines
Fri, 22 Apr 2022 14:23:00 +0000
Starbucks (NASDAQ: SBUX), JPMorgan Chase (NYSE: JPM), and The Home Depot (NYSE: HD) are three excellent dividend stocks that also happen to be inexpensive. Starbucks' stock is down 35% from its all-time high for several reasons — many of which are valid. Investors don't like uncertainty, and Starbucks has a lot of it.
40 Under 40: James Vossoughi, JPMorgan Chase
Fri, 22 Apr 2022 12:00:00 +0000
James Vossoughi Executive director, JPMorgan Chase Age: 37 Education: B.S. from San Francisco State University Residence: Oakland Where were you born? Hayward What the company does: JPMorgan Chase is a leading financial services firm.
JPMorgan Chase hiring up to 50 new employees in Buffalo to prepare for expansion strategy
Fri, 22 Apr 2022 10:00:00 +0000
Chase Bank is entering Buffalo’s consumer banking scene with a bang – planning to open four branches this year and two more in early 2023. The company is in the process of hiring 50 people to staff those facilities, including a regional retail executive and branch managers. “Buffalo has been on Chase’s radar for a long time,” said Monica Nation, regional consumer bank director covering Upstate New York and Connecticut.
Fidelity Investments Targets Investors with Web3 ETFs
Fri, 22 Apr 2022 08:03:26 +0000
Fidelity Investments launches two web3 ETFs this week, following in the footsteps of a ProShares Metaverse ETF that launched in March.
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