Spectra Energy's most recent trend suggests a bullish bias. One trading opportunity on Spectra Energy is a Bull Put Spread using a strike $180.00 short put and a strike $175.00 long put offers a potential 47.06% return on risk over the next 13 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $180.00 by expiration. The full premium credit of $1.60 would be kept by the premium seller. The risk of $3.40 would be incurred if the stock dropped below the $175.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Spectra Energy 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 Spectra Energy is bullish.
The RSI indicator is at 53.92 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Spectra Energy
Top Video Game Stocks for Q1 2021
Thu, 03 Dec 2020 21:18:24 +0000
The video game industry is involved in the development, marketing, and sale of video game hardware and software. Top companies include Electronic Arts Inc. (EA) and Nintendo Co. Ltd (NTDOY). Because video games can be used in the home, they have become a popular option for many consumers.
Grab, Gojek Close In on Terms for Merger
Wed, 02 Dec 2020 09:52:32 +0000
(Bloomberg) — Grab Holdings Inc. and Gojek have made substantial progress in working out a deal to combine their businesses in what would be the biggest internet merger in Southeast Asia, according to people with knowledge of the talks.The region’s two most valuable startups have narrowed their differences of opinion, though some parts of the agreement still need to be negotiated, said the people, asking not to be named because the talks are private. The final details are being worked out among the most senior leaders of each company with the participation of SoftBank Group Corp.’s Masayoshi Son, a major Grab investor, one of the people said.Under one structure with substantial support, Grab co-founder Anthony Tan would become the chief executive officer of the combined entity, while Gojek executives would run the new combined business in Indonesia under the Gojek brand, the people said. The two brands may be run separately for an extended period of time, one of the people said. The combination is ultimately aimed at becoming a publicly listed company.Representatives of Grab, Gojek and SoftBank declined to comment. The talks are still fluid and may not result in a transaction, the people said. The deal would need regulatory approval and governments may have antitrust concerns about the unification of the region’s two leading ride-hailing companies.Grab and Gojek have been locked in a fierce, expensive battle for dominance in that business along with food delivery and mobile payments over the last several years. Investors have been pushing for them to combine forces across Southeast Asia in order to reduce cash burn and create one of the most powerful internet companies in the region. Grab, which is present in eight countries, was last valued at more than $14 billion, while Gojek, valued at $10 billion, has presence in Indonesia, Singapore, the Philippines, Thailand and Vietnam.SoftBank has been pushing for a deal since Son visited Indonesia in January, but he’s grown increasingly frustrated with the lack of progress. The old rivalry and personality clashes between the two companies’ leaders have led to deadlocked negotiations in the past, according to one of the people familiar with the talks.Read more: SoftBank’s Son Is Said to Press Grab for Truce With Rival GojekSea Ltd.’s rise as a formidable force in e-commerce and digital payments has injected fresh impetus to the Grab-Gojek conversation, the people said. The Singapore-based company’s e-wallet, ShopeePay, has been gaining market share at a rapid clip, aided by the growing popularity of Sea’s e-commerce platform Shopee. That, in turn, is challenging market leaders GoPay and Grab-backed Ovo in Indonesia.Sea’s surprise journey from a scrappy startup to Southeast Asia’s most valuable company in the past 10 years has been the “biggest inspiration” for local internet companies lately, Rohit Sipahimalani, chief investment strategist at Temasek Holdings Pte, said in an interview at the launch of the e-Conomy report in November. Sea went public in 2017 after raising more than $720 million from investors and now has a market value approaching $88 billion.Read more: World’s Hottest Stock Is a Money-Losing Tech Giant Soaring 880%“People are now seeing that the public markets are a viable alternative for internet companies in Southeast Asia,” said Sipahimalani, whose firm is an investor in Gojek. “But they also recognize that they need to get to a certain scale, which is why the IPO route is becoming more attractive. I think that’s leading to some dialogue around combinations and consolidations in the region.”He declined to comment on the Grab-Gojek deal, adding that Singapore’s state-owned investment firm isn’t taking part in the negotiations.(Adds date of executive’s interview in eighth paragraph)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
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Tue, 01 Dec 2020 15:36:01 +0000
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2 Trends E-Commerce Investors Need to Know About
Tue, 01 Dec 2020 12:17:00 +0000
The state of the global retail industry has been in flux because of e-commerce for over a decade, and those trends accelerated in 2020 because of the pandemic. Given new consumer behavior that is emerging as a result, e-commerce looks like a secular growth movement that has many years left ahead of it. Thanks in no small part to a company named Amazon (NASDAQ: AMZN), making purchases via the internet has become all but commonplace in the U.S. According to the U.S Census Bureau, e-commerce commands a mid-teens percentage market share of the entire retail industry.
3 Under-the-Radar Stocks That Could Double Your Money — and Sooner Than You Might Think
Tue, 01 Dec 2020 12:15:00 +0000
Sometimes the best place to look for a stock that's a double in the making is to look at those that have already achieved this high benchmark.
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