McDonald's
(MCD) opened at $61.19. So far today the stock has hit a low of $58.52 and a high of $61.21. MCD is now trading at $59.13, down 0.99 (-1.65%). After hitting a one-year low of $46.64 in August, the stock hit a one-year high of $63.69 in December. MCD was covered in a Bloomberg Video Report today. To see the video report go to
www.marketintelligencecenter.com/VideoNews.asp . MCD posted an adjusted second-quarter profit of 94 cents per share, beating analysts' estimates of 86 cents per share. Technical indicators for MCD are bullish and steady, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating. For a hedged play on this stock, consider a December bear-call spread above the $67.50 range. MCD hasn't been above 67.50 at all in the past year, and could gain up to 14.2% before this trade runs into trouble. [LHF- Seven Summits Strategic Investments NewsBite]