With the Fed and the healthcare vote out of the way, markets will focus on earnings in the week ahead.
Investors eyeing a purchase of Team Inc shares, but cautious about paying the going market price of $26.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the December put at the $22.50 strike, which has a bid at the time of this writing of $1.45.
In trading on Wednesday, shares of Team Inc entered into oversold territory, changing hands as low as $28.275 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
These stocks have been seen to underperform following the U.K.'s vote to leave the European Union, leading some analysts to feel the time to buy is now.
The most recent short interest data has been released for the 06/15/2016 settlement date, which shows a 830,433 share increase in total short interest for Team Inc , to 2,640,458, an increase of 45.88% since 05/31/2016. Total short interest is just one way to look at short data; another metric that we here at Dividend Channel find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares traded.
In trading on Monday, shares of Team Inc entered into oversold territory, changing hands as low as $23.98 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
In trading on Tuesday, shares of Team Inc entered into oversold territory, changing hands as low as $24.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100.
Stocks with insider trader activity include ULTA, TISI and GSVC
In trading on Thursday, shares of Team, Inc. entered into oversold territory, changing hands as low as $32.94 per share.
Stocks with insider trader activity include TISI, IMN and CPTA
Stocks with insider trader activity include TISI, OFIX and SKX
Furmanite Corporation (NYSE:FRM) today reported results for the three and nine months ended September 30, 2015.
