Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $44.00 short put and a strike $39.00 long put offers a potential 17.65% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $44.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $39.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Macy's 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 Macy's is bullish.
The RSI indicator is at 57.96 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
Wal-Mart Now Has More Solar Than 38 U.S. States; Drink!
Fri, 25 Oct 2013 09:25:28 GMT
Bloomberg – Solar power and keg stands have one thing in common: Wal-mart wants to profit from them. In the race for commercial solar power, Wal-Mart is killing it.
SpongeBob SquarePants Balloon Gets Holiday Makeover For 87th Annual Macy's Thanksgiving Day Parade®
Thu, 24 Oct 2013 18:56:00 GMT
PR Newswire – NEW YORK, Oct. 24, 2013 /PRNewswire/ — Making his way from Bikini Bottom to New York City, the high-flying SpongeBob SquarePants balloon will debut a new look for the 87 th Annual Macy's Thanksgiving …
Warm weather cools sales
Wed, 23 Oct 2013 19:03:29 GMT
Big Data Download – http://d.yimg.com/hd/cnbc2/lotus/1382552806283_433_21yGpyoPu7bf1_1_0.jpg?s=aeff46719c466f5bf0c2502a2a37542b&c=1f4987dc5ac19ca98045d0d4fb2b389a&a=cnbc2&mr=0
Market leading sectors
Wed, 23 Oct 2013 17:38:00 GMT
CNBC – Consumer discretionary is one of the biggest winners in the S&P today. CNBC Retail analyst Stacey Widlitz and Christopher King, Stifel Nicolaus Research, discuss if this trend will continue and what sectors …
Men’s Wearhouse Said to Mull Bid for Allen Edmonds
Wed, 23 Oct 2013 01:05:50 GMT
Bloomberg – Men’s Wearhouse Inc., the suit retailer that rejected a $2.3 billion offer from Jos. A. Bank Clothiers Inc., may bid for Allen Edmonds Corp., a closely held shoemaker, according to a person familiar with …
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