Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $140.00 short put and a strike $130.00 long put offers a potential 11.73% return on risk over the next 28 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $140.00 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $8.95 would be incurred if the stock dropped below the $130.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Deere 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 Deere is bullish.
The RSI indicator is at 47.9 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Deere
Host Hotels Resorts and Deere Moved Higher
Fri, 13 Apr 2018 15:45:02 +0000
Host Hotels Resorts (HST), which is a real estate investment trust that owns up to 93 upscale hotels, was among the S&P 500’s top performers on April 12. After a strong performance on Wednesday, Host Hotels Resorts opened the day higher on Thursday and rallied to seven-week high price levels.
Why Did Micron Technology Move Higher on April 12?
Fri, 13 Apr 2018 14:15:02 +0000
Micron Technology (MU), which is an American global corporation that produces many forms of semiconductor devices, was the S&P 500’s second-best performer on April 12. Micron Technology started this week on a weaker note and regained strength as the week progressed. On Thursday, Micron Technology opened the day higher and surged to one-week high price levels.
Incyte: S&P 500’s Top Gainer on April 12
Fri, 13 Apr 2018 12:43:17 +0000
The S&P 500’s top gainers on April 12 were: Incyte (INCY) gained 5.3%. Micron Technology (MU) gained 4.2%. Host Marriott Financial Trust (HST) gained 4.1%. Deere & Company (DE) gained 4.1%. Discovery (DISCK) gained 3.9%. Incyte
Trade war backfire: Steel tariff shrapnel hits U.S. farmers
Fri, 13 Apr 2018 11:00:00 +0000
Lucas Strom, who runs a century-old family farm in rural Illinois, canceled an order to buy a new $71,000 grain storage bin last month – after the seller raised the price 5 percent in a day. The reason: steel prices jumped right after U.S. President Donald Trump announced tariffs. Throughout U.S. farm country, where Trump has enjoyed strong support, tariffs on steel and aluminum imports are boosting costs for equipment and infrastructure and causing some farmers and agricultural firms to scrap purchases and expansion plans, according to Reuters' interviews with farmers, manufacturers, construction firms and food shippers.
Trump's Shocking TPP Flip-Flop Reveals China Tariff Plan Is A Dud
Thu, 12 Apr 2018 20:19:45 +0000
In an apparent admission that the U.S. can't win a China trade war with tariffs, President Trump told economic advisors to work on joining the Trans-Pacific Partnership trade agreement.
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