Weekly Picks of Stocks (12/28/2020)

This is our last post of 2020.  Thank you for subscribing and reading our weekly posts.  We wish all of you and your families a Happy New 2021!

US $900 billion Covid-19 relief money was signed off by President Trump on Sunday.

Key points of the bill:

  • $600 check per adult and child.
  • $300 additional benefits to people who lost their jobs.
  • Paycheck Protection Program for small businesses.
  • Funding for the distribution of Covid-19 vaccine.
  • $13 billion in food assistance.

Market fluctuations over the last several weeks have been attributed to traders waiting for the stimulus bill.  Now that it’s here and increase distribution for the vaccine should bode well for the market in the long term.

The following is a list of stocks for the week of Dec 21, 2020 – Dec 24, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
SWI SolarWinds Corp Dec 21, 2020 Harami 29.05

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
FATE Fate Therapeutics Dec 21, 2020 Hanging Man 75.89
NATI National Instruments Dec 21, 2020 Hanging Man 77.54
CIB Bancolombia Sa Dec 21, 2020 Breakaway 70.77
CRWD Crowdstrike Hld Cm A Dec 22, 2020 Deliberation 80.88
APPS Digital Turbine Dec 22, 2020 Deliberation 78.65
CYBR CyberArk Software Dec 22, 2020 Deliberation 87.34
ADPT Adeptus Health Inc. Dec 22, 2020 Deliberation 77.51
RARE Ultragenyx Pharmaceutical Inc. Dec 22, 2020 Deliberation 82.56
VRNS Varonis Systems Dec 22, 2020 Deliberation 86.06
EXPI Exp Realty Internati Dec 23, 2020 Belt Hold 77.94
VRNS Varonis Systems Dec 23, 2020 Dark Cloud Cover 78.12
CNHI CNH Industrial NV Dec 24, 2020 Hanging Man 76.71

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