JP Morgan’s most recent trend suggests a bullish bias. One trading opportunity on JP Morgan is a Bull Put Spread using a strike $92.00 short put and a strike $87.00 long put offers a potential 15.74% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.00 by expiration. The full premium credit of $0.68 would be kept by the premium seller. The risk of $4.32 would be incurred if the stock dropped below the $87.00 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 78.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for JP Morgan
Council for Adult and Experiential Learning and JPMorgan Chase Unveil Online Tool Linking Job Seekers to Good-Paying Careers in New York’s Financial Services Industry
Wed, 12 Jul 2017 09:00:00 +0000
Today the Council for Adult and Experiential Learning and JPMorgan Chase & Co. unveiled a new, online interactive career exploration tool called BankingOnMyCareer.com linking New Yorkers to middle skills financial services jobs, those requiring more education and training than a high school diploma but less than a four-year college degree.
JPMorgan launched a new tool to help fill 7,500 finance jobs in NYC
Wed, 12 Jul 2017 04:01:00 +0000
There are thousands of available finance jobs available in New York City, and JPMorgan is trying…
Our Fixed-Income Columnist Hates Bank Stocks for the Second Half
Tue, 11 Jul 2017 20:53:00 +0000
Financials could have a rough few months coming.
Nasdaq extends win streak as stocks digest latest political drama
Tue, 11 Jul 2017 20:38:05 +0000
The U.S. stock market remain resilient Tuesday with the Nasdaq extending its winning streak to a third session as a pair of political developments dominated the news cycle.
Yellen May Trigger Stocks, Banks; Amazon Reviews: Investing Action Plan
Tue, 11 Jul 2017 20:14:14 +0000
Here’s your Investing Action Plan for Wednesday. Fed chief Janet Yellen talks as banks set up for breakouts. Amazon and analysts may offer Prime Day highlights.
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