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FeedPosted Feb 8th 2011 1:30PM by Brent Archer (RSS feed)
Filed under: Major Movement, International Markets, Good news, McDonald's (MCD), Options, Technical Analysis

McDonald's (
MCD -
option chain) shares are rising today after the company announced this morning that its
January same-store sales rose 5.3% worldwide, while US same-store sales rose 3.1%. Analysts were expecting sales to rise 4.5%. MCD cited January snowstorms for the disappointing US performance, but super strong performance in Europe, up 7%, is offsetting the weaker US. This stock has been in a bit of a downward slide over the past month or so, but today's data and the stock's reaction could signal a change in fortunes. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on MCD.
MCD opened this morning at $74.37. So far today the stock has hit a low of $74.20 and a high of $75.97. As of 12:00, MCD is trading at $75.70 up $2.25 (3.0%). The chart for MCD looks neutral and
S&P gives MCD a neutral 3 STARS (out of 5) hold ranking.
Continue reading Is the McDonald's Slump Ending?
Posted Mar 25th 2010 1:20PM by Brent Archer (RSS feed)
Filed under: Major Movement, Forecasts, Good news, QUALCOMM Inc (QCOM), Options, Technical Analysis

Qualcomm (
QCOM -
option chain) shares are rising today after
the company lifted its second-quarter EPS and revenue forecasts. QCOM now expects to report EPS of 56 to 58 cents, up from a previous forecast of 49 to 53 cents, and sales of $2.55 to $2.65 billion, up from a previous forecast of $2.4 to $2.6 billion. Analysts have forecast a profit of 53 cents per share on revenue of $2.58 billion for QCOM, which reports earnings on April 21. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on CSX.
QCOM opened this morning at $42.54. So far today the stock has hit a low of $42.00 and a high of $43.84. As of 12:05, QCOM is trading at $42.80 up $2.61 (6.5%). The chart for QCOM looks bullish and
S&P gives QCOM a positive 4 STARS (out of 5) buy ranking.
Continue reading Qualcomm Revises Q2 Guidance Upward
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