IBM's most recent trend suggests a bearish bias. One trading opportunity on IBM is a Bear Call Spread using a strike $146.00 short call and a strike $152.50 long call offers a potential 14.04% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $146.00 by expiration. The full premium credit of $0.80 would be kept by the premium seller. The risk of $5.70 would be incurred if the stock rose above the $152.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for IBM is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for IBM is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for IBM
Why Facebook Is Withdrawing WhatsApp from the IBM Cloud
Wed, 02 Aug 2017 20:12:29 +0000
Facebook (FB) is pulling its WhatsApp hosting from IBM (IBM) Cloud to its own data centers. WhatsApp has been hosted on IBM Cloud for years—before it was acquired by Facebook in 2014.
IBM sets new record for magnetic tape storage; makes tape competitive for cloud storage
Wed, 02 Aug 2017 17:52:00 +0000
Increased storage density demonstrates viability of scaling the tape roadmap for another decade TSUKUBA, Japan , Aug. 2, 2017 /PRNewswire/ — IBM Research (NYSE: IBM ) scientists have achieved a new world …
It’s Never Too Late to Trade Apple Inc. (AAPL) Stock, Regardless of Levels
Wed, 02 Aug 2017 15:18:51 +0000
Now that the earnings event has passed, I can re-allocate more risk to trade Apple Inc. (NASDAQ:AAPL) stock. Wall Street is rewarding it though with a new all-time high near $160 per share. Nothing in this Apple report changes my opinion of the mid-term outlook for the company fundamentals.
What IBM’s Cash and Cash Flow Tell Us
Wed, 02 Aug 2017 14:35:43 +0000
In fiscal 2Q17, IBM's cash reserves and marketable securities stood at ~$12.3 billion, and the company had ~$45.7 billion in debt.
Inside IBM’s Financial Performance in 2Q17
Wed, 02 Aug 2017 13:05:43 +0000
In 2Q17, IBM's Strategic Imperatives segment’s growth seemed to falter, after having been a ray of hope.
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