Mastercard (MA) Offering Possible 44.09% Return Over the Next 15 Calendar Days

Mastercard's most recent trend suggests a bearish bias. One trading opportunity on Mastercard is a Bear Call Spread using a strike $275.00 short call and a strike $280.00 long call offers a potential 44.09% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $275.00 by expiration. The full premium credit of $1.53 would be kept by the premium seller. The risk of $3.47 would be incurred if the stock rose above the $280.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Mastercard is bearish and the probability of a decline 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 Mastercard is bearish.

The RSI indicator is at 51.54 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 Mastercard

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Wed, 02 Oct 2019 07:27:00 +0000
Rob McIver of Jensen Investment Management describes a successful strategy of holding ‘all-weather businesses.’

UPDATE 1-Visa, Mastercard reconsider backing Facebook's Libra -WSJ
Wed, 02 Oct 2019 00:55:52 +0000
Visa, Mastercard Inc and other key financial partners may reconsider their involvement in Facebook Inc's cryptocurrency, Libra, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The financial backers to Libra did not want to attract regulatory scrutiny and declined Facebook's requests to publicly support the project, according to the Journal report.

Facebook Libra Payments Partners Waver on Cryptocurrency
Wed, 02 Oct 2019 00:06:01 +0000
(Bloomberg) — Four payments companies that have joined Facebook Inc. as founding members of the Libra Association are wavering over whether to officially sign on to the cryptocurrency project, according to people familiar with the matter.Visa Inc., Mastercard Inc., PayPal Holdings Inc. and Stripe Inc. are undecided about formally signing onto Libra’s organizing charter because they’re concerned about maintaining positive relationships with regulators who have reservations about the project, the people said.Executives at the payments companies believe Facebook oversold the extent to which regulators were comfortable with the project and are concerned about the perception the social network hasn’t behaved responsibly in other areas — such as how it has handled user data and privacy, the people said.The Libra Association is asking the 28 founding members to reaffirm their commitment to the cryptocurrency project later this month, according to three people familiar with the matter. Before Libra was unveiled, the companies signed nonbinding letters of intent to explore joining the association.David Marcus, the Facebook executive leading the Libra effort, tweeted Wednesday that the “[first] wave of Libra Association members will be formalized in the weeks to come.” Marcus said he was unaware of any current Libra partners who might abstain from officially joining the organization, but building a new global currency is “hard and requires courage.”“I can tell you that we’re very calmly, and confidently working through the legitimate concerns that Libra has raised by bringing conversations about the value of digital currencies to the forefront,“ he added.Companies that officially join the charter won’t be obligated to immediately contribute an initial $10 million required to invest in the project, according to two of the people. The option to delay the payment reflects the association’s strategy to move the Libra project forward in baby steps, the people said. That would give members more time to work out how their participation might affect the rest of their companies’ operations and regulatory obligations, they said.The signing of the charter could take place as soon as Oct. 14, three people said, and will likely happen in Switzerland, where the nonprofit organization charged with managing the Libra digital currency reserve and global payments network would be headquartered.“Nothing has changed with our involvement with Libra since we came on to participate,” said a Stripe spokesman. “We agreed to work on the charter with these other participants. We continue to work on the charter. We’re still actively involved.” He declined to comment specifically on whether Stripe has hesitations about signing the charter.Spokesmen for Facebook, Visa, Mastercard, PayPal and the Libra Association declined to comment.The move to get Libra members to formally sign on is the latest indication that Facebook and its partners are pushing forward with the controversial plan, even after it came under fire from policy makers around the world.Facebook has said repeatedly that the Libra Association will be responsible for making decisions about the currency, so its formal creation could mean that regulators start to get better answers than Facebook has offered so far.Some European finance ministers have threatened to ban Libra in their respective countries and the European Union’s antitrust chief says she’s taken the unusual step of scrutinizing Libra because of the risk it could lead to the creation of a new, entirely separate economy.Meanwhile, development of the technology to underpin Libra is moving faster than internal deadlines, Diogo Monica, co-founder of Anchorage, a technology company that safeguards cryptocurrencies, said in a phone interview. Five association members including Anchorage and Facebook’s digital wallet subsidiary Calibra are already running a test network of nodes, and sending transactions — not done with real money for now — to each other, he said.Libra has started addressing regulators’ concerns by making tweaks to its technology and policies, such as its anti-money-laundering policies, Monica added. Hundreds of organizations are on a waiting list hoping to join the association, Monica said, but no additional members have been admitted yet, he said.Opponents of the plan say Libra, which would be backed by a pool of traditional currencies, could undercut countries’ monetary policies or be used for nefarious purposes. U.S. lawmakers this summer grilled Marcus, questioning whether Facebook could be trusted to expand into financial services. Facebook Chief Executive Officer Mark Zuckerberg last month told senators that the currency wouldn’t launch anywhere in the world without U.S. regulators’ blessing.Facebook announced the project in June to make international payments as simple as texting. It draws on big names in the payments, technology, telecom and blockchain industries, including EBay Inc., Uber Technologies Inc., blockchain startups Coinbase Inc. and Xapo Inc., and Vodafone Group Plc, as well as venture capital companies and non-profit organizations.Why Everybody (Almost) Hates Facebook’s Digital Coin: QuickTakeEven as Facebook has publicly drawn fire, the Libra organization’s members have worked in the background to hash out details of a chartering document to formally establish the non-profit so that the group’s work to stand up the payments system can move forward.The work has proven contentious due to continued uncertainty about the regulatory implications of the project, according to two of the people.(Updates with comments from Facebook executive in the fifth paragraph.)\–With assistance from Olga Kharif and Kurt Wagner.To contact the reporters on this story: Lydia Beyoud in Arlington at lbeyoud2@bloomberg.net;Joe Light in Washington at jlight8@bloomberg.netTo contact the editors responsible for this story: Sara Forden at sforden@bloomberg.net, Mark Niquette, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

Visa, Mastercard reconsider backing Facebook's Libra: WSJ
Tue, 01 Oct 2019 22:50:16 +0000
The financial backers to Libra did not want to attract regulatory scrutiny and declined Facebook's requests to publicly support the project, according to the Journal report. Policy executives from Libra Association, the cryptocurrency's two dozen backers, have been summoned to a meeting in Washington, D.C., on Thursday, the WSJ reported.

PayPal (PYPL) vs. Square (SQ): Which Fintech Stock is a Better Buy?
Tue, 01 Oct 2019 22:29:10 +0000
Everyone from Google to Apple is expanding within fintech. So is now the time to buy PayPal (PYPL) or Square (SQ) stock on the dip?

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