US Bancorp (USB) Shows Bullish Technicals With Support At 22.81 - Zibb.com

Nov 18, 2009 (Fresh Brewed Media via COMTEX) --

US Bancorp (NYSE: USB) closed yesterday at $23.64. So far the stock has hit a 52-week low of $8.06 and 52-week high of $29.90. US Bancorp stock has been showing support around 22.81 and resistance in the 24.09 range. Technical indicators for the stock are Bullish and S&P gives USB a neutral 3 STAR (out of 5) hold rating. USB appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jun '10 23 covered call (UEE FW) for a net debit in the $20.59 area. That is also the break even stock price for this trade. This covered call has a 213 day duration, provides 12.90% downside protection and an 11.70% assigned return rate for a 20.06% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the USB Jan '11 12.50 Call (VBG AT) and selling the Jun '10 23 call (UEE FW) for an $8.60 debit. The trade has a 213 day life and would provide 10.74% downside protection and a 22.09% assigned return rate for a 38.00% annualized return rate (for comparison purposes only). US Bancorp has a current annual dividend yield of 0.85%.

WBA-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: dividend   nyse   research   S&P   trade   yield  

Companies: U.S. Bancorp (USB)

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US Bancorp (USB) Bullish Technical Alert - Trend Up 16.8% - Zibb.com

Nov 16, 2009 (SmarTrend(R) Spotlight via COMTEX) --

US Bancorp (NYSE:USB) is trading 0.3% higher (up $0.07 to $23.55) today on volume of 6,188,591 shares. The stock has traded within a 52-week range of $8.06 and $29.90.

US Bancorp is currently above its 50-day moving average of $22.92 and above its 200-day moving average of $18.77.

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Companies: U.S. Bancorp (USB)

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US Bancorp Up 18.5% Since SmarTrend's Buy Recommendation - Zibb.com

Nov 02, 2009 (SmarTrend(R) Spotlight via COMTEX) --

SmarTrend, our proprietary pattern recognition system, called an Uptrend for US Bancorp (NYSE:USB) on July 30, 2009 at $20.17.

Since then, US Bancorp has returned 18.5% as of today's recent price of $23.90. Want to profit from these alerts?

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Companies: U.S. Bancorp (USB)

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US Bancorp (USB) Showing Bullish Technicals And Is Up 1% In Premarket Trading - Zibb.com

Nov 09, 2009 (Fresh Brewed Media via COMTEX) --

US Bancorp (NYSE: USB) ended the last trading session at $23.73. So far the stock has hit a 52-week low of $8.06 and 52-week high of $29.90. US Bancorp stock has been showing support around 23.14 and resistance in the 24.20 range. Technical indicators for the stock are Bullish and S&P gives USB a neutral 3 STAR (out of 5) hold rating. USB appears on the Investors Observer Hedged Dividend Income list. For a hedged play on this stock, look at a Jun '10 23 covered call (UEE FW) for a net debit in the $20.43 area. That is also the break even stock price for this trade. This covered call has a 222 day duration, provides 13.91% downside protection and a 12.58% assigned return rate for a 20.68% annualized return rate (comparison purposes only). A lower cost hedged play for this stock would use a longer term call option in place of the covered call stock purchase. To use this strategy look at going long the USB Jan '11 12.50 Call (VBG AT) and selling the Jun '10 23 call (UEE FW) for an $8.45 debit. The trade has a 222 day life and would provide 11.72% downside protection and a 24.26% assigned return rate for a 40.00% annualized return rate (for comparison purposes only). US Bancorp has a current annual dividend yield of 0.87%.

ABR-Seven Summits Research Goto www.iotogo.com/18w1 for our free report titled, The 18 Ways To Know When It's Time To Dump A Stock

Tags: dividend   nyse   research   S&P   trade   yield  

Companies: U.S. Bancorp (USB)

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