Torchmark Cap (TMK) NewsBite - TMK Moves Higher Following Upgrade

Posted: Friday, November 06, 2009 12:41 PM EDT
By: Market Intelligence Center Staff





Torchmark Cap (TMK) was upgraded today by analysts at Citigroup and the stock is now at $42.08, up $0.74 (1.79%) on volume of 333,398 shares traded. Citigroup upgraded the stock today to Buy from Hold. Over the last 52 weeks the stock has ranged from a low of $16.16 in March to a high of $47.25 in September. Torchmark Cap stock has been showing support around $39.71 and resistance in the $42.19 range. Technical indicators for the stock are bearish and S&P gives TMK a negative 2 STARS (out of 5) sell ranking. If you are looking for a hedged play on TMK the stock seems like it could be a candidate for a January out-of-the-money bull-put credit spread below the 35 range. [ABR-Seven Summits Strategic Investments NewsBite]



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More News For Torchmark Cap (TMK):

Torchmark Cap (TMK) Could Break Through $47.85 Resistance Level

Friday, February 10, 2012... Torchmark Corp (NYSE: TMK) closed Thursday's trading session at $46.67. In the past year, the stock has hit a 52-week low of $32.77 and 52-week high......

http://www.marketintelligencecenter.com/analyfav/1333900

Torchmark Cap (TMK) Could Break Through $47.34 Resistance Level

Friday, February 03, 2012... Torchmark Cap (NYSE:TMK) closed Thursday's reticent trading session at $46.73. In the past year, the stock has hit a 52-week low of $32.77 and......

http://www.marketintelligencecenter.com/analyfav/1332298

Torchmark Cap (TMK) Showing Bullish Technicals With 1.05% Dividend Yield

Monday, January 30, 2012... Torchmark Corp (NYSE: TMK) closed Friday's trading session at $45.75. In the past year, the stock has hit a 52-week low of $32.77 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1331149

Torchmark Cap (TMK) Showing Bullish Technicals With Support At $44.98

Tuesday, January 24, 2012... Torchmark Corp (NYSE: TMK) closed Monday's trading session at $45.49. In the past year, the stock has hit a 52-week low of $32.77 and 52-week high of......

http://www.marketintelligencecenter.com/analyfav/1329669

Torchmark Cap (TMK) Showing Bullish Technicals But Could Break Through $44.83 Resistance

Wednesday, January 18, 2012... Torchmark Cap (NYSE:TMK) closed Tuesday's winning trading session at $43.91. In the past year, the stock has hit a 52-week low of $32.77 and 52-week......

http://www.marketintelligencecenter.com/analyfav/1328612


Hedged Trade Ideas For TMK:

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