|Day Low/High||1.73 / 1.85|
|52 Wk Low/High||1.50 / 6.01|
Henry Schwartz of Trade Alert points out five stocks seeing bullish options flow.
Nabors Industries (NYSE:NBR) is trading at unusually high volume Wednesday with 10.1 million shares changing hands. It is currently at 2.3 times its average daily volume and trading up 79 cents (+5%).
The market is overbought -- new highs did not confirm the higher high and sentiment is complacent.
The sector has a large number of safe and cheap stocks that are worth checking out.
Nymex crude oil appears ripe for a rebound, given a trend above its 50-day and close above its five-week modified moving average. Time to drill down for buy-rated energy stocks.
Cramer is big on Yum and M&T Bank and says the lower price of natural gas hurts Nabors Industries.
Unless the S&P breaks from the 1410 area, I see the market in a state of consolidation.
Nabors Industries has been holding long-term lows, and one large buyer is positioning for a gradual rebound.
Investors who are patient yet bold may want to take note of these turnaround names.
Donald Smith & Co. was more active than usual this past quarter, so let's take a look.
For the foreseeable future, we will need to dig and drill to meet demand on a cost-effective efficient basis.
Nymex crude oil has been in a tug-of-war between commodity speculation and weak demand.
Options have been bullish in energy companies for several weeks, and Monday it was Nabors Industries' turn.
Sign up to get started or log in to see your watchlist.
Enter a symbol above to add it to your watchlist.
A confirmation email has been sent to the address provided during registration. Please click on the appropriate link to confirm your email address.