CBS Corp's most recent trend suggests a bullish bias. One trading opportunity on CBS Corp is a Bull Put Spread using a strike $55.00 short put and a strike $45.00 long put offers a potential 3.09% 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 $55.00 by expiration. The full premium credit of $0.30 would be kept by the premium seller. The risk of $9.70 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 CBS Corp 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 CBS Corp is bullish.
The RSI indicator is at 65.1 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for CBS Corp
[$$] As Netflix Grows, Profit Remains Small
Tue, 22 Oct 2013 00:35:44 GMT
The Wall Street Journal – Netflix said its third-quarter profit more than quadrupled as the movie-subscription company added more Internet subscribers globally. Questions remain about the streaming video provider's profit-growth …
Netflix Passes HBO in Subscribers! (If You Stop Counting at the Border)
Mon, 21 Oct 2013 22:57:08 GMT
BusinessWeek – Amid much good news, Chief Executive Officer Reed Hastings pays says he worries about “investor-fueled euphoria” over Netflix
Yahoo poaches New York Times' tech columnist David Pogue
Mon, 21 Oct 2013 16:35:00 GMT
CNNMoney.com – From the Gray Lady to the Big Purple Turnaround: Yahoo has poached famed New York Times tech columnist David Pogue to head up its consumer-tech coverage. Pogue will lead a “major expansion” of …
This Weekend's Barron's: Our Big Money Poll Finds Bulls ~ AT&T Could Deliver a 20% Return ~ How to Find Yield in Buybacks ~ Jana Could Fortify Outerwall ~ Les Moonves on TV's Bright Future
Sat, 19 Oct 2013 04:01:00 GMT
Barrons.com – Raking In Returns Barron's latest Big Money poll finds money managers bullish, with estimates placing the Dow near 16,500 by June—a 7% gain from here. What our poll respondents like—and what they don't. …
[$$] The Hit Maker
Sat, 19 Oct 2013 04:01:00 GMT
Barrons.com – There's no business like show business, as the Irving Berlin song goes. Trouble is, too few in the trade understand the business as well as the show. Leslie Moonves, who has run CBS since its spinoff from …
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