Costco's most recent trend suggests a bullish bias. One trading opportunity on Costco is a Bull Put Spread using a strike $203.00 short put and a strike $197.50 long put offers a potential 24.15% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $203.00 by expiration. The full premium credit of $1.07 would be kept by the premium seller. The risk of $4.43 would be incurred if the stock dropped below the $197.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Costco 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 Costco is bullish.
The RSI indicator is at 49.93 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 Costco
Investing in Retail Stocks? Look for These Things
Mon, 07 Jan 2019 22:10:00 +0000
Successful retailers tend to have a lot in common.
Syntax Makes ETF Debut with a New Twist on the S&P 500
Mon, 07 Jan 2019 21:11:14 +0000
Syntax Advisors has entered the ETF game with a new smart beta strategy that aims to re-weight widely observed benchmarks, like the S&P 500, based on the components’ business risks instead of the usual …
The Numbers Support Amazon’s Physical Store Push
Mon, 07 Jan 2019 19:25:10 +0000
The Latest Deals and Strategies at Amazon and Alibaba
(Continued from Prior Part)
## Amazon’s physical store sales soared 250%
As the Wall Street Journal recently reported, Amazon (AMZN) is planning to open more Whole Foods stores across the United States in a move that will expand its physical store network.
Amazon is considering widening its physical store network at a time when its physical store sales are exploding. In the third quarter of 2018, its most recently reported period, Amazon’s physical store sales soared 250% YoY (year-over-year). In contrast, the company’s online store sales rose just 10% YoY in the period.
At $4.2 billion in the third quarter, physical store sales still make up just a tiny part of Amazon’s retail business. With more stores, though, Amazon could capture more retail dollars, particularly in the grocery market, which is currently dominated by traditional retailers.
## Amazon is chasing grocery dollars
According to data from Cowen cited by the Wall Street Journal, Amazon captured just 3.2% of US grocery spending through its Whole Foods subsidiary in 2017. In comparison, Walmart (WMT) captured a 21% market share, Kroger (KR) captured an 11.4% share, and Costco (COST) captured a 6.4% share. However, Whole Foods’ sales have increased since Amazon took over in 2017, and the business could do better with more outlets, as it now allows customers to order online and pick up in store.
In addition to Whole Foods, Amazon operates physical stores under the Amazon Go and Amazon 4-star brands. Amazon 4-star stores stock top-rated items based on the reviews of Amazon’s online customers. Alibaba (BABA) operates a supermarket chain under the Hema Supermarkets brand.
Continue to Next Part
Browse this series on Market Realist:
* Part 1 – Exploring Amazon’s Appetite for More Retail Outlets
* Part 3 – Why Whole Foods’ Losses May Not Bother Amazon
* Part 4 – What Next for Amazon in India amid New Retail Rules?
FINAL DEADLINE ALERT – Bronstein, Gewirtz & Grossman, LLC Reminds Investors With Losses Exceeding $100K of Class Action Against Costco Wholesale Corporation (COST) and Lead Plaintiff Deadline: January 7, 2019
Mon, 07 Jan 2019 17:35:00 +0000
NEW YORK, NY / ACCESSWIRE / January 7, 2019 / Bronstein, Gewirtz & Grossman, LLC reminds investors that a class action lawsuit has been filed against Costco Wholesale Corporation (“Costco” or the “Company”) (COST) and certain of its officers, on behalf of shareholders who purchased or otherwise acquired Costco securities between June 6, 2018, and October 25, 2018,both dates inclusive (the “Class Period”). This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws under the Securities Exchange Act of 1934.
DEADLINE TODAY: The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of COST, RYAAY, AQUA and RBBN
Mon, 07 Jan 2019 17:10:21 +0000
NEW YORK, Jan. 07, 2019 — The Klein Law Firm announces that class action complaints have been filed on behalf of shareholders of the following companies. If you suffered a.
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