Philip Morris's most recent trend suggests a bearish bias. One trading opportunity on Philip Morris is a Bear Call Spread using a strike $80.00 short call and a strike $85.00 long call offers a potential 6.16% return on risk over the next 18 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $80.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock rose above the $85.00 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Philip Morris 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 Philip Morris is bullish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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 Philip Morris
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Tue, 04 Feb 2014 23:16:02 GMT
Motley Fool – The S&P 500 may have been throttled yesterday, but short-sellers are wise to keep their distance from these five most loved stocks on the broad-based index.
Philip Morris International Earnings Preview: What to Watch
Tue, 04 Feb 2014 14:35:56 GMT
Motley Fool – What to watch when Philip Morris reports fourth-quarter earnings, including what investors can glean from Altria's results.
Altria: Low-Risk High Yielder Approaching 6%
Tue, 04 Feb 2014 11:08:00 GMT
Seeking Alpha – Last week, I detailed how shares of cigarette giant Philip Morris ( PM ) dipped below $80 for the first time in nearly two years. With markets falling and everyone on edge, investors are looking for safer …
U.S. FDA launching major anti-tobacco campaign aimed at youth
Tue, 04 Feb 2014 05:01:00 GMT
Reuters – A major new anti-tobacco campaign will be launched in the United States next week aimed at vulnerable teenagers at risk of becoming addicted to cigarettes. The $115 million campaign by the Food and Drug Administration will target the 10 million people aged 12 to 17 who are open to trying cigarettes or who are already experimenting with them and are in danger of becoming regular smokers, the FDA said. The goal of the campaigns is to reduce the number of youth cigarette smokers by at least 300,000 within three years, the FDA said. The first, called “The Real Cost” campaign, will launch on Feb. 11 and targets marginalized youngsters who may be starting to turn to tobacco as a way of coping with poor or stressful lives, Mitch Zeller, head of the FDA's tobacco products division, said at a media briefing on Monday.
Dumb Investment Of The Week: Socially Responsible Investing
Tue, 04 Feb 2014 02:37:15 GMT
Seeking Alpha – Strubel Investment Management's Dumb Investment of the Week for this week is Socially Responsible Investing funds. Socially Responsible Investing or “SRI,” sounds great. Who wouldn't want to …
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