Lowe’s Companies (LOW) Offering Possible 50.15% Return Over the Next 10 Calendar Days

Lowe's Companies's most recent trend suggests a bullish bias. One trading opportunity on Lowe's Companies is a Bull Put Spread using a strike $150.00 short put and a strike $145.00 long put offers a potential 50.15% 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 $150.00 by expiration. The full premium credit of $1.67 would be kept by the premium seller. The risk of $3.33 would be incurred if the stock dropped below the $145.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for Lowe's Companies 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 Lowe's Companies is bullish.

The RSI indicator is at 75 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 Lowe's Companies

Home Depot, Lowe’s should top sales estimates despite slowdown in July: UBS
Thu, 06 Aug 2020 23:54:41 +0000
Data from UBS points to a slowdown in same-store sales for home improvement companies Home Depot and Lowe’s, following strong activity in May and June, although the firm’s estimates are still higher than consensus. Home Depot is expected to report quarterly results on Tuesday, August 18, while rival Lowe’s is set to release its Q2 report the following day.

Stocks With Rising Relative Price Strength: Beacon Roofing Supply
Thu, 06 Aug 2020 22:47:00 +0000
When you're researching the best stocks to buy and watch, keep a close on eye on relative price strength. Beacon Roofing Supply is now considered extended and out of buy range after clearing a 30.65 buy point in a first-stage consolidation. Tractor Supply, Fastenal and Lowes Companies are among the top 5 highly rated stocks within the group.

Versace parent Capri Holdings and Ralph Lauren slump as luxury sales takes a hit during pandemic
Wed, 05 Aug 2020 20:11:00 +0000
Luxury fashion houses Capri Holdings and Ralph Lauren have seen declines as consumer attention turns elsewhere during the coronavirus pandemic.

RBA Ends 3-Month Hiatus, Offering to Buy A$500 Million of Bonds
Wed, 05 Aug 2020 01:41:41 +0000
(Bloomberg) — Australia’s central bank is returning to the government bond market after a three-month hiatus as it aims to re-anchor yields on the three-year security that it targets through its purchasing program.The Reserve Bank of Australia offered to purchase as much as A$500 million ($359 million) of federal government securities maturing in April 2023 on Wednesday, under its program to lower yields.Governor Philip Lowe announced the resumption of bond buying in Tuesday’s policy statement, when the board kept its interest rate and yield target unchanged at 0.25%. Three-year yields have been “a little higher than 25 basis points over recent weeks,” he said, adding that “further purchases will be undertaken as necessary.”The limited size of Wednesday’s offer reflects market movements following Lowe’s announcement Tuesday, which saw three-year government bond yields drop to lows 0.252%, from 0.268% at Monday’s close. However, today’s decision seemingly disappointed markets, with the three-year yield jumping to 0.259% at 11:17 a.m. in Sydney. The Australian dollar advanced 0.2% to 71.74 U.S. cents as of 11:25 a.m. in Sydney, rising for a second day.Christopher Kent, assistant governor who oversees financial markets at the central bank, gently signaled during a question-and-answer session after a speech last week that the RBA may re-enter the secondary market.“We notice it’s been rising a little bit of late but it does move around from day to day, week to week,” he said of the three-year yield. “That’s something we’re watching closely and we said, if we need to, if it was to move too far away from 25, then we would stand ready to buy more.”The RBA last purchased bonds on May 6, and had acquired A$51.35 billion ($36.8 billion) in face value of securities of various maturities issued by federal, state and territory governments since March 20, when it began purchasing notes following an emergency meeting in order to hold down borrowing costs across the economy.The RBA halted bond buying in May as yields stabilized across the curve and money-market stresses eased. The calm in fixed-income markets allowed federal and state governments to borrow at an unprecedented pace to fund record spending aimed at countering the economic impact of the pandemic. The federal government raised A$85.6 billion last quarter, more than twice as much as the previous record for sales set in the first three months of 2017.Australia’s currency has surged over the past four months as the RBA’s success in stabilizing markets spurred foreign demand for record debt sales.Lowe said in Tuesday’s statement the yield target “will remain in place until progress is being made toward the goals for full employment and inflation.”Australia’s economy slid into its first recession in almost three decades in the first half of this year as efforts to stem the spread of Covid-19 forced a shutdown of large tracts of the economy. The RBA, under a baseline scenario, sees output falling 6% in 2020 and then expanding 5% the following year.(Updates with purchase announcement from second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

Why the Earnings Surprise Streak Could Continue for Lowe's (LOW)
Tue, 04 Aug 2020 16:10:04 +0000
Lowe's (LOW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.