Weekly Picks of Stocks (08/24/2020)

Key reports to watch out for this week:

Consumer Confidence Report will be published on Aug 25, 2020 (or every last Tuesday of the month). In July the number was 92.6.  For reference last Aug the number was 128.

Gross Domestic Product Q2 2nd revision will be released on Aug 27, 2020.

Corporate earning season continues and some big companies from the Technology sector will report their earnings this week.

Click on the ticker links below for earnings estimates and whispers on expected earnings.

Date Tickers
Tuesday, August 25, 2020 Autodesk, Inc.(ADSK), Intuit, Inc.(INTU), Best Buy Co. Inc.(BBY), Hormel Foods Corp.(HRL), Medtronic Inc.(MDT), Nordstrom(JWN), Salesforce.com(CRM),
Smucker(SJM), Hewlett Packard(HPE),
Toll Brothers(TOL)
Wednesday, August 26, 2020 NetApp(NTAP), Splunk Inc(SPLK), Box Inc(BOX),
Eaton Vance(EV)
Thursday, August 27, 2020 Dollar Tree, Inc.(DLTR), Workday, Inc.(WDAY), Dollar General(DG), The Gap, Inc.(GPS), HP Inc.(HPQ), Tiffany & Co.(TIF), Marvell Tech(MRVL), Okta, Inc.(OKTA), Coty Inc(COTY), Dell Tech(DELL),
Frontline(FRO), VMware, Inc.(VMW)

The following is a list of stocks for the week of Aug 17, 2020 – Aug 21, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
None

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
AAP Advance Auto Parts Aug 18, 2020 Belt Hold 75.41
NPO Enpro Industries Aug 18, 2020 Hanging Man 70.95
AZRE Azure Power Global Aug 18, 2020 Hanging Man 78.95
PLUG Plug Power Inc. Aug 20, 2020 Hanging Man 75.27
JD JD.com Aug 21, 2020 Deliberation 75.78
TPTX Turning Point Therapeutics Inc Aug 21, 2020 Hanging Man 70.3

 

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