Comcast's most recent trend suggests a bullish bias. One trading opportunity on Comcast is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 8.93% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.41 would be kept by the premium seller. The risk of $4.59 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Comcast 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 Comcast is bullish.
The RSI indicator is at 75.69 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comcast
Agreement Reached to Cut Power Use by Cable Devices
Tue, 24 Dec 2013 01:20:54 GMT
New York Times – The cable TV industry agreed to reduce the electricity needed by set-top boxes even when they are turned off.
What The New NHL, And Pending NBA,TV Deals Mean For The Two Sports
Mon, 23 Dec 2013 23:41:00 GMT
Forbes – Earlier this year the NHL's Florida Panthers and New Jersey Devils sold for $240 million and $320 million, respectively. Soon after those deals, the league got a new Canadian national television deal with Rogers Communications that will average over $400 million a season, more than double the current agreements. Were […]
Final Glance: Media companies
Mon, 23 Dec 2013 23:01:54 GMT
Final Glance: Media companies
Mon, 23 Dec 2013 23:01:54 GMT
AP – Shares of some top media companies were up at the close of trading: Comcast Corp. rose $.05 or .1 percent, to $50.99. Walt Disney Co. rose $.88 or 1.2 percent, to $73.28. Gannett rose $.80 or 2.9 percent, …
Can Time Warner Cable Break Higher?
Mon, 23 Dec 2013 22:32:04 GMT
Wall St. Cheat Sheet – Time Warner Cable stock has seen a consistent uptrend in the last few years and is currently trading sideways.
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