Northwest Airlines (NWA) NewsBite - NWA Rises On Lower Oil Futures

Posted on Friday, September 26, 2008 2:04 PM
Northwest Airlines (NYSE: NWA) is now trading at $10.13, up $0.25 (2.53%). Over the last 52 weeks the stock has ranged from a low of $4.68 to a high of $21.00. Shares of NWA are rising today with other airlines, helped by falling oil futures. Technical indicators for the stock are bullish and S&P gives NWA a positive 4 STARS (out of 5) buy ranking. If you are looking for a hedged play on NWA the stock seems like it could be a candidate for an October out-of-the-money bull-put credit spread below the 7.50 range. [ABR-Seven Summits Strategic Investments NewsBite]
Stocks To Watch Today: C, TIF, RTP, JCG, HLTH, PDLI, TIE, CAJ, EXM, ILMN, HOC (Click Symbol For Latest News)

Enter your email address below and Click on the [Sign Up] button to receive our exclusive daily Morning Market Update plus a FREE password for access to the news, insight and intelligence that can make a difference in the way you invest.

eMail Address: 

Market Intelligence Center
Add to del.icio.usdel.icio.us  Add to My Yahoo!  RSS Feed  Add to Google  Add to My AOL  stock market news
Portions of this content may be copywritten by Fresh Brewed Media, Wall Street Secrets Plus, Investors Observer, VHS, LLC., and RealTimeTraders.com. SmartReadMX and related technologies are covered by US Patent Office # 60/631,747.