|Day Low/High||14.73 / 15.03|
|52 Wk Low/High||9.64 / 19.53|
These 'Bearish Bets' are showing both technical and quantitative deterioration.
"But what matters here is that you recognize that you cannot look to the company or the analysts necessarily to get you out -- as only a handful of them, most notably MoffettNathanson, spotted the ongoing train wreck that is CenturyLink and the like...
The moral of the CTL story? Never reach for outsized yield, as there is a good chance you will get burned.
CTL's charts and indicators are bearish.
John Butters and his FactSet team noted individual companies that have seen the largest changes in third-quarter earnings forecasts by sector.
Stay diversified and stay the course, there's nothing here that's going to change things longer term.
Even though stocks were all over the map today, investors found one more way to win.
With today's upgrade to buy another look at the charts is in order along with raising our sell stop.
Though it's still early days, the likes of Facebook, Google and Verizon are showing a clear interest in using wireless broadband to connect homes and businesses.
These areas have little exposure to China, so buy them on any broad-market dip over U.S.-Chinese trade tensions.
All I can say is the TVIX better go up Thursday or an awful lot of stocks are going to higher.
In this tape, weakness may just be a sign of rest and better times to come.
Be a buyer of CTL at current levels, risking a close below $21.
Shares of CenturyLink were higher by 5.08% to $25.65 in mid-morning trading on Thursday
A slight tightening of guidance for the current quarter should not come as a surprise to shareholders.
The company's earnings stalemate may threaten the stock's 9% dividend yield.
Look for these two stocks to head lower.