Weekly Picks of Stocks (July 20, 2020)

Congress comes back this week after a 2 week break.  Discussions expected this week for another stimulus to help individuals and businesses affected by the pandemic.

Covid-19 infections and death continue to rise in the US.  Over 140,000 people are dead from this infection.  Major pharmaceutical companies Johnson & Johnson, Merck, Pfizer, Moderna & Aztrazaneca are set to testify in front of congress regarding their work in developing a vaccine for Covid-19.

Earnings seasons continues this week.  Some noteworthy companies are listed below.

Date Tickers
20-Jul-20 Halliburton (HAL), IBM
21-Jul-20 UBS, United Airlines (UAL)
22-Jul-20 Chipotle (CMG), Tesla (TSLA)
23-Jul-20 American Airlines (AAL), Cintas (CTAS)
24-Jul-20 Verizon (VZ), American Express Company (AXP)

The following is a list of stocks for the week of Jul 13, 2020 – Jul 17, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
JCOM J2 Global Communications Jul 14, 2020 Harami 24.15

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
HLF Herbalife Jul 14, 2020 Hanging Man 71.27
PKI Perkin Elmer Jul 16, 2020 Hanging Man 70.55
RUN Sunrun Inc. Jul 17, 2020 Deliberation 89.8

 

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