Macy's's most recent trend suggests a bullish bias. One trading opportunity on Macy's is a Bull Put Spread using a strike $50.00 short put and a strike $45.00 long put offers a potential 5.71% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $50.00 by expiration. The full premium credit of $0.27 would be kept by the premium seller. The risk of $4.73 would be incurred if the stock dropped below the $45.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Macy's
J.C. Penney Still Has a Long Road Ahead of It
Sat, 30 Nov 2013 13:17:51 GMT
Motley Fool – While some investors may be happy with J.C. Penney's third-quarter results, the company has been selling some inventory at extreme discounts, boosting sales while hurting profitability. There's still no …
Surprise! Biggest Winner Of Black Friday Money Haul
Sat, 30 Nov 2013 03:33:00 GMT
Forbes – Who was the big winner of this year’s expanded Black Friday money haul? Macy’s, Target, J.C. Penny? How about the U.S. economy, Walmart (despite protests), or even Bitcoin as it goes mainstream? What about consumers who braved crowds to buy in brick and mortar stores? Nope, arguably the biggest winner was
Why Black Friday Sales Aren’t the Deals You Think They Are
Fri, 29 Nov 2013 21:41:04 GMT
Wall St. Cheat Sheet – Macy's price cuts may not be all that they seem.
Black Friday begins on Thanksgiving with a bang
Fri, 29 Nov 2013 20:50:00 GMT
MarketWatch – Black Friday is now a Thanksgiving event as major retailers from Wal-Mart to Target saw earlier store openings bringing out entire families to ignite their traffic to record levels.
Could We Stop The Black Friday Madness By Taxing It?
Fri, 29 Nov 2013 20:16:00 GMT
Forbes – What lures shoppers out on Thanksgiving and Black Friday? Is it the thrill of finding a bargain? What if those bargains weren't quite so great? Is a national sales tax the solution to the perceived Black Friday shopping problem? And is it really even a problem?
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