TJX's most recent trend suggests a bullish bias. One trading opportunity on TJX is a Bull Put Spread using a strike $60.00 short put and a strike $55.00 long put offers a potential 2.04% 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 $60.00 by expiration. The full premium credit of $0.10 would be kept by the premium seller. The risk of $4.90 would be incurred if the stock dropped below the $55.00 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for TJX is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for TJX is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for TJX
TJX Will Continue Outperforming
Tue, 05 Nov 2013 20:38:51 GMT
These companies will suck in the holiday cash: Pro
Tue, 05 Nov 2013 18:41:49 GMT
CNBC – “Apple … is really going to gain market share,” Durbin Capital portfolio manager Steve Kernkraut says.
The TJX Companies, Inc. to Report Q3 FY14 Results November 19, 2013
Tue, 05 Nov 2013 18:19:09 GMT
noodls – FRAMINGHAM, Mass.–(BUSINESS WIRE)–Nov. 5, 2013– The TJX Companies, Inc. (NYSE: TJX) today announced that it plans to release its third quarter Fiscal 2014 sales and earnings results on Tuesday, November …
Kors is ‘phenomenal' company: Retail pro
Tue, 05 Nov 2013 17:20:00 GMT
CNBC – Steve Kernkraut, Durban Capital, says keys to the holiday shopping season will be mobile shopping and lower gas prices.
Pro picks retail winners for holiday season
Tue, 05 Nov 2013 17:20:00 GMT
CNBC – Companies like TJX, Amazon, Apple and Kors are going to see strong results in the fourth quarter, Steve Kernkraut of Durbin Capital says.
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