Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $49.00 short put and a strike $44.00 long put offers a potential 14.68% return on risk over the next 33 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.00 by expiration. The full premium credit of $0.64 would be kept by the premium seller. The risk of $4.36 would be incurred if the stock dropped below the $44.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Macy's 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 Macy's is bullish.
The RSI indicator is at 72.79 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 Macy's
4 Consumer Stock Stories to Set Off Investment Shopping This Week
Mon, 18 Nov 2013 23:02:11 GMT
Wall St. Cheat Sheet – Your Cheat Sheet to the top consumer business news: 4 Consumer Stock Stories To Set Off Investment Shopping This Week
Will J.C. Penney End Up Like Macy's or Like Sears?
Mon, 18 Nov 2013 20:46:16 GMT
Motley Fool – J.C. Penney has struggled with its turnaround for years. Can it share some of Macy's recent earnings growth, or will it have to resort to the strategies Sears Holdings has used to unlock shareholder value?…
Home Depot, J.C. Penney, Best Buy headline a big week for retail earnings
Mon, 18 Nov 2013 17:18:00 GMT
MarketWatch – With the mixed third-quarter results of retailers from Wal-Mart Stores Inc. to Macy's Inc. last week, investors are looking for more signals about the state of consumers and merchants' holiday outlook …
Holiday Cheer or Jeer? Conflicting Indicators Have Investors Scratching Their Heads
Mon, 18 Nov 2013 17:02:28 GMT
Breakout – http://d.yimg.com/hd/breakout/lotus/1384793680607_231_21yQ7up31Cbf1_1_0.jpg?s=87b363c37f78a46c2ef0e1ebfc586f50&c=7816d1d24eaa014302cc2f143dfdc2cd&a=breakout&mr=0
Will J.C. Penney Pull Off a Turnaround?
Mon, 18 Nov 2013 16:38:08 GMT
MarketWatch – J.C. Penney has blunted its steep drop in sales. Now investors want to know if the improvement can last. Suzanne Kapner discusses on MoneyBeat. (Photo: Getty)
Related Posts
Also on Market Tamer…
Follow Us on Facebook