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Symbol Sentiment Start Return Closed COST n/a BJ n/a Via BloggingStocks:   Filed under: Bad news, Industry, Costco Wholesale (COST), Options, Technical Analysis BJ's Wholesale Club (NYSE: BJ - option chain) stock is trading lower today after the company reported its same-store sales slipped 0.5 percent in September. Analysts were expecting a 1 percent decline, but traders saw competitor, Costco (NASDAQ: COST) post a 1% rise in September same-store sales and wanted more from BJ. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on BJ. This morning, BJ opened at $35.90. So far today the stock has hit a high of $36.13 and a low of $35.90. As of 11:20, BJ is trading at $36.10, down 96 cents (-2.6%). The chart for BJ looks bullish and S&P gives BJ a positive 4 STARS (out of 5) buy ranking. Continue reading BJ's Wholesale Club (BJ) September sales dip BJ's Wholesale Club (BJ) September sales dip originally appeared on BloggingStocks on Thu, 08 Oct 2009 13:20:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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