Weekly Picks of Stocks (11/23/2020)

Holiday week in the US.  US Markets will be open normal hours on M-W, off on Thursday due to Thanksgiving and short day(closes at 1pm est) on Friday.

US is now averaging 200,000 new Covid-19 infections a day.  Many states are going on lock downs or putting in curfews in an effort manage the spread.

Black Friday under normal conditions is a big day for retailers but with Covid-19 and lock downs online retailers are expected to continue their boosted usage.

Q3 earnings continue this week.  Several retail companies are reporting this week.  Most of them also have strong online presence.

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

Tuesday, November 24, 2020
Autodesk, Inc.(ADSK) – After Market
Dollar Tree, Inc.(DLTR) – Before Market
Best Buy Co. Inc.(BBY) – Before Market
The Gap, Inc.(GPS) – After Market
Nordstrom(JWN) – After Market
Tiffany & Co.(TIF) – Before Market
21 Vianet Group(VNET) – After Market
American Eagle Outfitters(AEO) – After Market
Cheetah Mobile Inc(CMCM) – Before Market
Chicos FAS(CHS) – Before Market
Dell Tech(DELL) – After Market
Pure Storage Inc(PSTG) – After Market
Wednesday, November 25, 2020
Frontline(FRO) – Before Market
TigerLogic Corporation(TIGR) – Before Market

The following is a list of stocks for the week of Nov 16, 2020 – Nov 20, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
DNLI Denali Therapeutics Inc Nov 16, 2020 Three Outside Down 71.68
MAR Marriott International, Inc. Nov 17, 2020 Hanging Man 72.24
SIVB SVB Financial Nov 17, 2020 Hanging Man 71.85
BKR Baker Hughes Company Nov 18, 2020 Belt Hold 70.64
AA Alcoa Nov 18, 2020 Shooting Star 78.68
UPWK Upwork Inc Nov 18, 2020 Dark Cloud Cover 79.2
HTHT China Lodging Nov 19, 2020 Deliberation 75.62
ACAD ACADIA Pharmaceuticals Inc. Nov 19, 2020 Three Outside Down 71.22
ROLL RBC Bearings Nov 19, 2020 Hanging Man 78.06

 

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