McDonald's's most recent trend suggests a bullish bias. One trading opportunity on McDonald's is a Bull Put Spread using a strike $165.00 short put and a strike $160.00 long put offers a potential 13.38% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $165.00 by expiration. The full premium credit of $0.59 would be kept by the premium seller. The risk of $4.41 would be incurred if the stock dropped below the $160.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for McDonald'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 McDonald's is bullish.
The RSI indicator is at 78.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for McDonald's
McDonald’s Franchisees Consider Push on Profit, Cash Flow
Tue, 09 Oct 2018 20:53:00 +0000
McDonald’s Corp. franchisees are considering making a push to urge the company to help improve profit and cash flow at their restaurants. A group of franchise owners plan to meet Wednesday in Tampa, Fla., to discuss forming an advocacy group to press McDonald’s management to address their concerns that the burger giant’s sales growth isn’t keeping pace with the cost of remodeling restaurants. “We believe it’s critical for us to come together to discuss the state of the business, unvarnished and unedited,” hosts of the meeting said in a letter to franchisees reviewed by The Wall Street Journal.
Bill Ackman Bought Starbucks Stock. Should You?
Tue, 09 Oct 2018 19:36:01 +0000
Shares of Starbucks (NASDAQ:SBUX) bucked a broader market sell-off on Oct. 9, after famed hedge fund manager Bill Ackman revealed a sizable stake in the coffee house operator. At a conference in New York, Ackman announced that his Pershing Square fund owns about 15 million shares of Starbucks stock, for a total position valued at roughly $900 million. Does Ackman have his groove back, and should you follow him and buy Starbucks stock, too?
Activist Fund Eyes Papa John's Takeover, Restaurant Stocks Gain
Tue, 09 Oct 2018 15:43:03 +0000
One of the morning's strongest groups was retail restaurants, which saw several notable gainers amid technical strength and takeover chatter.
Analysts Are Recommending a ‘Buy’ for McDonald’s
Tue, 09 Oct 2018 11:31:46 +0000
Can McDonald’s Stock Continue Its Upward Momentum? On October 5, McDonald’s (MCD) was trading at $166.57. On October 4, KeyBanc initiated coverage of McDonald’s with an “overweight” rating and a price target of $185.
Jim Cramer: Rates Are Not Done Going Up Yet
Mon, 08 Oct 2018 23:01:00 +0000
Or is this what it looks like when interest rates have peaked? The question is, if PepsiCo's quarter was so weak why is it going up today? With a 3.45% yield, PepsiCo's been in a battle with the bond market for investors.
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