Dow Chemical's most recent trend suggests a bullish bias. One trading opportunity on Dow Chemical is a Bull Put Spread using a strike $48.00 short put and a strike $43.00 long put offers a potential 7.07% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $48.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $43.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Dow Chemical 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 Dow Chemical is bullish.
The RSI indicator is at 74.72 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Dow Chemical
Final Glance: Chemicals companies
Tue, 04 Mar 2014 23:02:19 GMT
Final Glance: Chemicals companies
Tue, 04 Mar 2014 23:02:19 GMT
AP – Shares of some top chemicals companies were up at the close of trading: Dow Chemical Co. rose $.01 or percent, to $45.60. DuPont Co. rose $.49 or .8 percent, to $63.45.
Momentive Performance bonds sink on restructuring fears
Tue, 04 Mar 2014 22:06:24 GMT
Reuters – Bonds from Momentive Performance Materials have slid 65% in a matter of weeks, raising fears of a debt restructuring and dashing hopes private-equity owner Apollo will step in to help. “A few months ago, it looked like the consensus view was that Apollo would offer some kind of exchange on the subordinated bonds in the mid 70s,” said Jon Brager, a high-yield analyst at Hermes Credit, which did not own the bonds. Apollo, Blackstone and Momentive Performance all declined to comment. Apollo had hoped to cash out five years after buying Momentive Performance from General Electric in 2006 for USD3.8bn.
Habitat for Humanity receives energy-saving products and 10,000 volunteer hours as part of 2014 commitment from Dow
Tue, 04 Mar 2014 14:00:00 GMT
PR Newswire – ATLANTA, March 4, 2014 /PRNewswire/ — For more than 30 years Dow (DOW) has been a strategic partner to Habitat for Humanity International. Dow's 2014 commitment involves 41 Habitat builds in 15 countries, including first-time projects in Puerto Rico and Japan. “The heart of our partnership with Habitat has always been our people, and this year we are especially proud of their willingness to devote more than 10,000 hours to providing decent, affordable housing to their neighbors around the world,” said Bo Miller, global director for Corporate Citizenship at Dow and President of The Dow Chemical Company Foundation. This year Dow will also expand its product donations of STYROFOAMTM brand insulation and GREAT STUFF PROTM window and door sealants, and FROTH-PAKTM foam insulation to its portfolio for Habitat construction in the United States and Canada.
DuPont Opens New Office in Myanmar
Mon, 03 Mar 2014 21:20:04 GMT
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