Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 14.68% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 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 $50.00 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 70.4 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Macy's
For J.C. Penney, Stopping the Bleeding Is Not a Turnaround
Sun, 19 Jan 2014 13:02:01 GMT
Motley Fool – Struggling retailer J.C. Penney's announcement that it will close 33 stores and lay off 2,000 employees is a step it must take, but with Sears Holdings in a similar situation, announcing terrible results, …
What Caused the Latest J.C. Penney Sell-off?
Sat, 18 Jan 2014 22:56:20 GMT
Motley Fool – The long-term outlook for J.C. Penney remains bright despite the latest sell-off.
Sears Launches Points for Progress, Will It Matter?
Sat, 18 Jan 2014 22:32:18 GMT
Motley Fool – Sears recently announced its Points for Progress, but will it lead to top-line growth? If not, you might want to consider another retailer (or two) mentioned here instead.
Genesco: Cyclical Trends Point To Strength Coming For LIDS And Journeys
Sat, 18 Jan 2014 19:41:34 GMT
Seeking Alpha – Genesco ( GCO ) is an interesting footwear and ball cap apparel retail company that has some market share divisions in Journeys and Lids. The company has grown revenue for every year for ten straight years, …
Macy’s: America’s Omnichannel Store
Sat, 18 Jan 2014 15:12:21 GMT
Motley Fool – Macy’s isn’t a department store anymore; it’s an omnichannel store and this has big implications for competitors The J.C. Penney Company and Sears Holdings.
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