Norfolk Southern's most recent trend suggests a bullish bias. One trading opportunity on Norfolk Southern is a Bull Put Spread using a strike $92.50 short put and a strike $87.50 long put offers a potential 9.89% return on risk over the next 10 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.50 by expiration. The full premium credit of $0.45 would be kept by the premium seller. The risk of $4.55 would be incurred if the stock dropped below the $87.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Norfolk Southern 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 Norfolk Southern is bullish.
The RSI indicator is at 49.86 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Norfolk Southern
Norfolk Southern Dividend Stock Analysis
Tue, 11 Feb 2014 11:03:53 GMT
Communities and coastal river benefit from Norfolk Southern stormwater project
Fri, 07 Feb 2014 15:30:00 GMT
PR Newswire – NORFOLK, Va., Feb. 7, 2014 /PRNewswire/ — Communities around Norfolk and the Elizabeth River, a tributary of the ecologically important Chesapeake Bay, have benefitted from Norfolk Southern's (NSC) innovative stormwater management system at the railroad's Lamberts Point coal transload facility. When it rains, the multimillion-dollar recycling system collects, filters, and treats stormwater from the 425-acre export coal facility. In addition to enhancing the health of the river's ecosystem by reducing stormwater runoff, the project conserves water and lowers the company's water bill. Since the recycling system began operating in March 2013, the coal pier has reduced its use of municipal water by approximately 1.5 million gallons a month, annually saving about 18 million gallons.
Why Norfolk Southern Will Keep Chugging in 2014
Mon, 03 Feb 2014 15:43:58 GMT
Motley Fool – Does this analyst make a good case? Or is it just more noise from Wall Street?
Cramer's Six in 60: Short squeeze on Pandora
Mon, 03 Feb 2014 14:54:00 GMT
CNBC – Cramer shares six stocks to watch, and reveals them in under 60 seconds, including Chevron, Norfolk Southern, and AOL.
There Should Be a Nuclear Option for Railroads
Sat, 01 Feb 2014 17:04:20 GMT
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