Spectra Energy's most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 5.26% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock dropped below the $45.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Spectra Energy 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 Spectra Energy is bullish.
The RSI indicator is at 68.11 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 Spectra Energy
Sea Limited Sponsored ADR (SE) Gains As Market Dips: What You Should Know
Thu, 30 Apr 2020 21:50:09 +0000
Sea Limited Sponsored ADR (SE) closed at $55.58 in the latest trading session, marking a +0.11% move from the prior day.
Crude Oil Volatile; WTI Contract Heads Lower
Tue, 28 Apr 2020 08:53:41 +0000
AT 9:45 AM ET (1345 GMT), Crude Oil WTI futures traded 3.6% lower at $12.32 a barrel, while the international benchmark Brent contract rose 0.9% to $23.27. Overnight, the United States Oil Fund (NYSE:USO), an ETF that accounts for a large block of exposure in WTI futures, said it would sell off all its contracts for June delivery, replacing them with longer-term contracts. According to a notice by the company seen by Bloomberg, “this unscheduled roll is being implemented based on the potential for the June 2020 WTI crude oil contract to price at or below zero as well as the steady decline in open interest for the June 2020 contract.”
Is Sea Limited Sponsored (SE) Outperforming Other Finance Stocks This Year?
Fri, 24 Apr 2020 15:30:03 +0000
Is (SE) Outperforming Other Finance Stocks This Year?
Were Hedge Funds Right About Sea Limited (SE)?
Wed, 22 Apr 2020 19:06:38 +0000
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Are You Looking for a Top Momentum Pick? Why Sea Limited Sponsored ADR (SE) is a Great Choice
Wed, 15 Apr 2020 16:00:04 +0000
Does Sea Limited Sponsored ADR (SE) have what it takes to be a top stock pick for momentum investors? Let's find out.
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