The underlying stock is in overbought territory and made a bearish crossover yesterday. Three of the last four instances where this happened preceded sizable declines. Here’s how to profit.
Upgrades and Downgrades for Friday, 10/16
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•Here are today’s upgrades and downgrades: Costco, Clorox, Kimberly-Clark, Caterpillar, Norfolk Southern, Chewy and more.
Trade This Stock’s Drop for a Potential 100% Return in About Five Weeks
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•It’s overbought and hitting resistance at its 50-day moving average. We’re looking at another leg lower over the next month.
Multiple Indicators Show This Stock May Move Higher in the Short-Term
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•Our target potential upside is 19% to 49% in the next 4-6 months.
How to Sell a Call Option on Best Buy (BBY) for High Income
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•We’re targeting annualized yields from 35% to 60%- plus.
Upgrades and Downgrades for Thursday, 10/15
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•Here are today’s upgrades and downgrades: Citi, BP, Roku, Fastly, Kinder Morgan, Duke Energy and more.
This Stock Looks Ready For an Upmove
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•Our target potential upside is almost 21% to 52% in the next 3-6 months.
This Trade Could Double Your Money in Less Than 6 Weeks
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•It’s my “Option Trade of the Day”.
Upgrades and Downgrades for Wednesday, 10/14
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•Here are today’s upgrades and downgrades: AutoZone, Constellation Brands, Sherwin-Williams, American Eagle, Albemarle and more.
This Stock Broke Out and Seems Poised for a Surge
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•Our target potential upside is 31% to 68% in the next 4-6 months.