Weekly Picks of Stocks (11/30/2020)

Hopes of vaccine availability by 2021 summer helped S&P 500 and Dow Jones indexes move slight up(crossed 30,000) from their sideways move in the last 2 months.

Covid-19 continues to remain in the spotlight this week.  The expected Fall spike is in full effect and likely is the cause of the increase in unemployment claims filed last week.  Unemployment numbers will be in focus on Friday when this week’s numbers will be released.

Zoom, Salesforce, Okta & Docusign will report their Q3 earnings this week.  All expected to beat their earnings estimates.  Which way will the investors go this week?  Hope for the vaccine or rise in infections and unemployment claims?

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

Monday, November 30, 2020
ZOOM VIDEO CMTS CM A(ZM) – After Market
Tuesday, December 1, 2020
Salesforce.com(CRM) – After Market
Box Inc(BOX) – After Market
TRIP.COM GROUP LTD.(TCOM) – After Market
Wednesday, December 2, 2020
Splunk Inc(SPLK) – After Market
Okta, Inc.(OKTA) – After Market
Thursday, December 3, 2020
Dollar General(DG) – Before Market
Kroger Co.(KR) – Before Market
The Michaels Companies(MIK) – Before Market
DocuSign, Inc.(DOCU) – After Market
Cloudera, Inc.(CLDR) – After Market
Friday, December 4, 2020
China Lodging(HTHT) – After Market

The following is a list of stocks for the week of Nov 23, 2020 – Nov 27, 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
DISCA Discovery Communications-A Nov 23, 2020 Deliberation 74.93
IIVI II-VI Incorporated Nov 23, 2020 Deliberation 88.17
NIO NIO Nov 24, 2020 Dark Cloud Cover 74.95
FLEX Flextronics Intl Nov 24, 2020 Hanging Man 75.66
APPN Appian Corporation Nov 24, 2020 Dark Cloud Cover 80.11
HQY HealthEquity, Inc. Nov 24, 2020 Deliberation 74.46
CW Curtiss-Wright Nov 25, 2020 Hanging Man 70.08
CR Crane Nov 25, 2020 Harami Cross 75.56
IRDM Iridium Communications Nov 25, 2020 Hanging Man 70.99
CLH Clean Harbors Nov 25, 2020 Hanging Man 72.03
ORCC ONLINE RESOURCES Nov 27, 2020 Hanging Man 73.82

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