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Can STZ Rocket Past Resistance? – Options Commentary

Zacks Market Commentaries (September 28th, 2009) Writes:
In last week's edition of Trading Tools, alternative energy issue First Solar (FSLR) was analyzed, as it appeared on the Zacks Put/Call Ratio Above 1.0 (bullish) filter. Utilizing the Zacks Unusually High Option Volume screener for today's column, the sudden surge in call activity surrounding Constellation Brands, Inc. (STZ) caught my eye.

< ?DART(15);?> Before we begin, let's explain the contrarian stance that makes Schaeffer's so unique. When searching for a bullish pick, we like to see heavy skepticism toward an outperforming stock, as this leaves ample room for upgrades or other positive catalysts to fuel the stock higher. When searching for a bearish pick, on the other hand, contrarians are looking for significant bullish sentiment toward an underperforming stock, as we believe an excess of optimism is a sign that everyone has already bought into the stock and sideline money is

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Economic reports before Happy Fourth of July.

Vlada Kynsky (June 30th, 2008) Writes:
MondayEconomic: Chicago PMI (48.5)Earnings: Robbins & Myers (RBN), H&R Block (HRB)TuesdayEconomic: Truck & Auto, Construction (-0.6%), ISM Index (49.6)Earnings: Constellation Brands (STZ), MSC Ind (MSM), Apollo (APOL)WednesdayEconomic: Weekly Crude, ADP (28K), Factory Orders (0.6%)Earnings: Acuity Brands (AYI), Family Dollar (FDO)ThursdayEconomic: Weekly Claims (375K), Jobs Report (-50K, 5.4%, 0.3%), ISM Services (51.5)Earnings: NAhttp://stockweb.blogspot.com/atom.xml


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