Deere's most recent trend suggests a bullish bias. One trading opportunity on Deere is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.61% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.31 would be kept by the premium seller. The risk of $4.69 would be incurred if the stock dropped below the $80.00 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 70.18 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 Deere
U.S. farm bill writers eye $8 billion in food stamp cuts -senator
Thu, 19 Dec 2013 23:48:36 GMT
Reuters – The new U.S. farm bill is likely to cut the food stamp program by $8 billion over a decade, a key Democratic senator said on Thursday, an amount that is a fraction of the cuts demanded by many Republican lawmakers. While conservatives want stricter eligibility rules that would disqualify up to 4 million recipients and save $40 billion over 10 years, Iowa Sen. Tom Harkin, a Democrat, said the expected $8 billion in savings would be generated by closing a loophole on utility costs. Under that timetable, the Senate and House of Representatives might enact the bill within a couple of weeks. On food stamps, Harkin said, the lead negotiators could carve out savings by setting a higher threshold of government assistance to pay utility bills, a program that can trigger food stamp aid.
Dividend Growth Investing: Misguided And Doing It All Wrong
Thu, 19 Dec 2013 17:21:11 GMT
Seeking Alpha – Introduction: Even with all of the articles that have been written about Dividend Growth Investing, there seems to be no shortage of criticism concerning the strategy. What seems to be the thrust of the …
John Deere Offers Complete FT4 Package of DEF and Related Products
Thu, 19 Dec 2013 16:05:20 GMT
noodls – John Deere expands its lineup of Diesel Exhaust Fuel products to include container sizes of DEF and handling equipment, such as new portable dispensing units. … This is an abstract of the original noodl. …
The Portfolio For Early Retirees
Wed, 18 Dec 2013 19:28:17 GMT
Seeking Alpha – General thoughts If you are close to retiring early or have already jumped the fence, you face a series of financial problems:
John Deere and BASF Partner to Develop Yield Enhancement Solutions
Wed, 18 Dec 2013 18:28:36 GMT
noodls – MANNHEIM and LIMBURGERHOF, Germany (December 18, 2013) – John Deere and BASF today announced plans to jointly develop a suite of integrated precision farming and farm management solutions for improved …
Related Posts
Also on Market Tamer…
Follow Us on Facebook