We are adding the following credit spreads to our JUNE recommended list.
ROST - Ross Stores, Inc., together with its subsidiaries, operates two chains of off-price retail apparel and home accessories stores in the United States. Its stores offer branded and designer apparel, accessories, footwear, and home fashions, as well as gift items, linens, and other home-related merchandise. The company?s merchandise offerings also comprise product categories, such as small furniture and furniture accents, educational toys and games, luggage, gourmet food and cookware, watches, and sporting goods, as well as fine jewelry in selected Ross stores.
SHAW - The Shaw Group Inc. provides technology, engineering, procurement, construction, maintenance, fabrication, manufacturing, consulting, remediation, and facilities management services to multinational oil companies and industrial corporations, regulated electric utilities, independent and merchant power producers, government agencies, and equipment manufacturers worldwide. Its Fossil, Renewables, & Nuclear segment offers design, engineering, construction, procurement, technology, and consulting services to the fossil, renewables, and nuclear power generation industries.
ZION - Zions Bancorporation, a multi bank holding company, provides various banking and related products and services in the United States. The company offers community banking services, including small and medium-sized business and corporate banking services; commercial and residential development, construction, and term lending services; retail banking services; treasury cash management and related products and services; residential mortgages; and trust management services. It also provides personal banking services to individuals, including home mortgages, bankcard, installment loans, home equity lines of credit, checking accounts, savings accounts, time certificates, safe deposit facilities, direct deposits, and automated teller machine access.
We are recommending the following specific credit spreads.
Call credit spreads = bearish call spreads.
I will also be sending out a supplemental list of stock and ETF's later this
evening or Memorial day for your perusal and consideration for viable plays.
Most probably, I will send these tonight.