Weekly Picks of Stocks (12/21/2020)

Finally, there is an agreement on the 2nd stimulus bill.  It will be $900 billion dollars and will include another round of PPE loans as well as individual checks of $600/adult/child. 

The bill now needs to pass through congress, senate and finally signed into law.  There is no ETA on when this will happen.

Expect the traders to continue to focus on the stimulus this week.

Q3 earnings this week

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

Tuesday, December 22, 2020
Cintas Corporation(CTAS) – Before Market
Carmax Inc(KMX) – Before Market
Wednesday, December 23, 2020
Paychex, Inc.(PAYX) – Before Market

The following is a list of stocks for the week of Dec 14, 2020 – Dec 18, 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
SFIX Stitch Fix Inc Dec 14, 2020 Deliberation 82.93
CARG Cargurus Inc Class A Dec 14, 2020 Deliberation 82.46
ZG Zillow Group Dec 14, 2020 Deliberation 77.52
JOE St Joe Dec 14, 2020 Deliberation 77.89
ARVN Arvinas Inc. Dec 16, 2020 Belt Hold 81.89
ALKS Alkermes Dec 16, 2020 Belt Hold 71.77
CTRE CareTrust REIT Dec 16, 2020 Doji Star 80.04
TCO Taubman Centers Dec 17, 2020 Hanging Man 78.37
COUP Coupa Software Incorporated Dec 18, 2020 Hanging Man 73.74
LIVN LivaNova PLC Dec 18, 2020 Deliberation 78.72
FIVN Five9 Dec 18, 2020 Hanging Man 76.0

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