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November 20, 2013  Wed 7:34 AM CT

JCP: SEE CHART GET CHAIN FIND STRATEGIES

Business Seen Turning Around

J.C. Penney reported a wider-than-expected third-quarter loss, but management said sales trends are encouraging so far in November. That offers hope the struggling retailer is ready for a turnaround. JCP climbs 9 percent before the opening bell on my tradeMONSTER platform.

Lowe's Drops on Weak Profit

Lowe's earned $0.47 a share in the third quarter, missing the $0.48 average analyst estimate. Sales beat expectations, but margins are under pressure and profit guidance was light. LOW falls 3 percent in the pre-market.

Goldman upgrades Priceline.com

Priceline.com was upgraded to "conviction buy" at Goldman Sachs, which sees increased opportunities from an improving European economy. The price target was raised to $1,500 from $1,250. PCLN climbs another 3 percent in early trading.

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Introduction to Synthetics

"Synthetics" is the name given to the relationship of two separate positions, constructed differently, that have the same exact risk and reward at each and every price level. They say that there is more than one way to skin a cat...well, there is always more than one way to create an option position...

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