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Weekly Picks of Stocks (Aug 03, 2020)

Covid-19 rates continue to decline in some states but in others mainly in CA they continue to rise.  How has the job market reacted to this?  We’ll know this Friday as July’s job will be released on Friday Aug 7, 2020 by the US Labor Department.

Congress in the meantime continues to debate the next stimulus package.  Democrats want a $3T package and extension to the $600/Week unemployment benefits as the 1st one expired last Friday.  Republicans want a $1T package but limitations on the extension to the unemployment benefits.  The decision is supposed to be between Aug 10 – Sept 6.  Will both parties close the gap in their relief packages and reach a decision by then?

Earnings season continues.  Here are some of the big companies that will report their Q2 earnings this week.

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

Date Tickers
Monday, August 3, 2020 MPLX(Mplx Lp)
AIG(American International Group, Inc.)
Tuesday, August 4, 2020 ATVI(Activision Blizzard)
DIS(Disney)
Wednesday, August 5, 2020 CVS(CVS Caremark Corp.)
ADT(ADT Inc.)
MET(MetLife Inc.)
MRO(Marathon Oil Corp.)
Thursday, August 6, 2020 BMY(Bristol-Myers Squibb)
TMUS(T-Mobile US)
Friday, August 7, 2020 VEDL(Vedanta Ltd)

The following is a list of stocks for the week of Jul 27, 2020 – Jul 31, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
EHTH eHealth Jul 30, 2020 Piercing Line 28.04

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
KMB Kimberly-Clark Jul 30, 2020 Hanging Man 73.29
ROP Roper Industries Jul 30, 2020 Harami Cross 70.04
CDNS Cadence Design Systems, Inc. Jul 31, 2020 Hanging Man 75.52
FR First Industrial RT Jul 31, 2020 Hanging Man 75.33
STAG STAG Industrial Jul 31, 2020 Hanging Man 70.54
SPB Spectrum Brands Jul 31, 2020 Deliberation 73.49
SSTK Shutterstock, Inc. Jul 31, 2020 Deliberation 89.73
EPAM EPAM Systems Jul 31, 2020 Hanging Man 72.99
AZO AutoZone Inc Jul 31, 2020 Hanging Man 72.11

 

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Weekly Picks of Stocks (July 27, 2020)

There are signs that despite rise in Covid-19 continues the rate is slowing down.  Let’s hope that continues.

Congress is expected to release the details of the stimulus plan this week after discussions last week.  The stimulus is expected to include another round of payments to persons under certain income criteria.  Help is also expected for small businesses affected by the pandemic.

Earning season continues with the following big companies reporting this week.  Companies have been beating the estimates.  But those are pandemic adjusted estimates.  The earnings of companies beating the estimates now have been significantly less than their earnings in second quarter of last year.

Date Tickers
27-Jul-20 SAP, Hasbro (HAS)
28-Jul-20 McDonald’s Corporation (MCD), JetBlue Airways Corporation (JBLU), Amgen (AMGN), EBAY, Visa (V)
29-Jul-20 Automatic Data Processing, Inc. (ADP), Boeing (BA), Facebook, Inc. (FB), Fair Isaac Corporation (FICO)
30-Jul-20 The Procter & Gamble Company (PG), Mastercard (MA), Pfizer Inc. (PFE)
31-Jul-20 Citigroup Inc [C], Exxon Mobil Corporation (XOM)

The following is a list of stocks for the week of Jul 20, 2020 – Jul 24, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
FE First Energy Corp Jul 23, 2020 Homing Pigeon 19.84

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
EBS Emergent Bio Solutions Jul 20, 2020 Dark Cloud Cover 72.92
NTGR Netgear Jul 20, 2020 Deliberation 73.36
MKC McCormick & Co. Jul 22, 2020 Hanging Man 76.52
STC Stewart Info Services Jul 23, 2020 Deliberation 76.4
RUN Sunrun Inc. Jul 24, 2020 Hanging Man 84.89

 

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Weekly Picks of Stocks (July 20, 2020)

Congress comes back this week after a 2 week break.  Discussions expected this week for another stimulus to help individuals and businesses affected by the pandemic.

Covid-19 infections and death continue to rise in the US.  Over 140,000 people are dead from this infection.  Major pharmaceutical companies Johnson & Johnson, Merck, Pfizer, Moderna & Aztrazaneca are set to testify in front of congress regarding their work in developing a vaccine for Covid-19.

Earnings seasons continues this week.  Some noteworthy companies are listed below.

Date Tickers
20-Jul-20 Halliburton (HAL), IBM
21-Jul-20 UBS, United Airlines (UAL)
22-Jul-20 Chipotle (CMG), Tesla (TSLA)
23-Jul-20 American Airlines (AAL), Cintas (CTAS)
24-Jul-20 Verizon (VZ), American Express Company (AXP)

The following is a list of stocks for the week of Jul 13, 2020 – Jul 17, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
JCOM J2 Global Communications Jul 14, 2020 Harami 24.15

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
HLF Herbalife Jul 14, 2020 Hanging Man 71.27
PKI Perkin Elmer Jul 16, 2020 Hanging Man 70.55
RUN Sunrun Inc. Jul 17, 2020 Deliberation 89.8

 

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Weekly Picks of Stocks (June 15, 2020)

The following is a list of stocks for the week of Jun 08, 2020 – Jun 12, 2020 that show bullish and bearish trends.

Based on our analysis, trader trend is still bearish despite the increase in the overall markets on Friday after the Dow Jones index dropped almost 2000 points on Thursday.  We noticed the same 2 weeks prior as well.

Last week we noted LULU was showing bearish trend and they were scheduled to release their earning on Thursday.  The earnings came low, as expected.  Since our blog last Monday LULU has dropped 8%.  If you didn’t short this company last week it may be good to look for an opportunity to go long now.  Their income will go back up as re-opening of the economy in the US is well underway.

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
PE Parsley Energy Jun 08, 2020 Hanging Man 79.83
DVN Devon Energy Corp. Jun 08, 2020 Hanging Man 72.01
SBRA Sabra Health Care Reit Jun 08, 2020 Deliberation 76.0
WMS ADS Jun 08, 2020 Upside Gap Two Crows 72.86
HAL Halliburton Co. Jun 09, 2020 Hanging Man 71.29
TECK Teck Resources B Jun 09, 2020 Hanging Man 70.0
ENBL Enable Midstream Partners, LP Jun 09, 2020 Evening Star 73.22

 

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Weekly Picks of Stocks (June 08, 2020)

The following is a list of stocks for the week of Jun 01, 2020 – Jun 05, 2020 that show bullish and bearish trends.

2.5 million jobs were added in May. The unemployment was down to 13.3% instead of the expected 20%.

Markets responded positively. The Dow Jones gained close to 7%, S&P 500 was up 5% and Nasdaq was 3.5% for the week.

Despite that we found a few stocks that are showing bearish signals this week.

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
TYL Tyler Technologies Jun 02, 2020 Hanging Man 73.03
LULU Lululemon Athletica Jun 03, 2020 Deliberation 83.73
UAL United Continental Holdings Jun 05, 2020 Belt Hold 74.15
DAL Delta Air Lines Jun 05, 2020 Belt Hold 75.25
JCI Johnson Controls Jun 05, 2020 Deliberation 75.0
CBRE CBRE A Jun 05, 2020 Deliberation 73.9
BAP Credicorp Jun 05, 2020 Deliberation 73.23

 

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Weekly Picks of Stocks (Jun 1, 2020)

The following is a list of stocks for the week of May 26, 2020 – May 29, 2020 that show bullish and bearish trends.

May jobs report is due this week. US unemployment rate is expected to be 20%.

However, more businesses opened this past week across the country. This should help stabilize the rate of unemployment now and help reduce the rate going forward.

There were few stocks that showed bearish signal this past week and may offer a small bargain.

The bullish matches – Oversold RSI

None.

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
MDB MongoDB 26-May-20 Dark Cloud Cover 78.91
WIX Wix.Com Ltd 26-May-20 Belt Hold 75.19
WIX Wix.Com Ltd 26-May-20 Dark Cloud Cover 75.19
IRBT Irobot 26-May-20 Deliberation 84.78
NWSA News Corporation 27-May-20 Hanging Man 71.81
PAGP Plains GP Holdings, L.P. 27-May-20 Hanging Man 71.87
HRTX Heron Therapeutics 27-May-20 Hanging Man 73.94
SPWH Sportsman’s Warehouse Holdings 28-May-20 Dark Cloud Cover 79.05

 

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Weekly Picks of Stocks (May 26, 2020)

Weekly Picks of Stocks (May 26, 2020)

The following is a list of stocks for the week of May 18, 2020 – May 22, 2020 that show bullish and bearish trends.

This week ahead:

More states are allowing businesses to re-open.  Social distancing is still in effect but the re-opening will offer much needed relief to the small businesses and US economy.

Covid-19 infections, hospitalization and death continue to decline.  Local governments will continue to monitor the infection rates.

Common fears circulating news are the possible 2nd wave of infections.  The initial outbreak of Covid-19 in the US happened just as it was coming out of flu season.  Although, healthcare is now better equipped to handle the outbreak than last time there are still worries over how Covid-19 will be when the flu season starts again in September.

The bullish matches – Oversold RSI

None

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
AVYA Avaya Holdings Corp. May 18, 2020 Deliberation 76.78
JD JD.com May 19, 2020 Dark Cloud Cover 73.19
PENN Penn National Gaming May 20, 2020 Deliberation 75.98
ENPH Enphase Energy May 20, 2020 Belt Hold 70.07
GPRO General-Probe May 20, 2020 Shooting Star 73.33
CLMT Calumet Specialty Products Partners, L.P. May 20, 2020 Deliberation 72.11
STKL Sunopta May 22, 2020 Hanging Man 72.6

 

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Weekly Picks of Stocks (Mar 18, 2020)

The following is a list of stocks for the week of May 11, 2020 – May 15, 2020 that show bullish and bearish trends.

Another $3T stimulus package in the works at the US Congress. States are allowing businesses to re-open. The later is most likely priced into the market. Now we see if the US can bend the Covid-19 infection down from flat. Still a long way to go.

We found more bears this week then Bullish this past week. TWLO showed a bearish signal this week. This would be a good stock to watch to go long if the price goes down enough.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
CINF Cincinnati Financial May 14, 2020 Piercing Line 28.73

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
TWLO Twilio May 11, 2020 Deliberation 87.35
NUS Nu Skin Enterprises, Inc. May 11, 2020 Belt Hold 70.2
IMMU Immunomedics May 12, 2020 Belt Hold 73.53
LOGI Logitech Int Sa May 12, 2020 Belt Hold 70.73
NBR Nabors Industries Ltd. May 13, 2020 Evening Star 72.77
PDD Pinduoduo Inc. May 15, 2020 Shooting Star 78.32

 

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Weekly Picks of Stocks (May 11, 2020)

The following is a list of stocks for the week of May 04, 2020 – May 08, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
CINF Cincinnati Financial May 07, 2020 Harami 28.86

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
TEAM Atlassian Corp Plc May 05, 2020 Deliberation 71.78
NERV Minerva Neurosciences May 05, 2020 Upside Gap Two Crows 72.36
AAWW Atlas Air Worldwide May 07, 2020 Hanging Man 73.54
TORC Restorbio Inc May 07, 2020 Hanging Man 76.64
ENPH Enphase Energy May 08, 2020 Deliberation 71.29

 

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Weekly Picks of Stocks (May 04, 2020)

The following is a list of stocks for the week of Apr 27, 2020 – May 01, 2020 that show bullish and bearish trends.

Some optimistic news about Covid-19 vaccine Remdesivir in trial.  Unemployment continues to climb.  All major indices were down almost 4% on Friday.

No bullish signals from our picks last week.

The bullish matches – Oversold RSI

None

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
INO Inovio Pharmaceuticals Apr 27, 2020 Dark Cloud Cover 71.42
UEC Uranium Energy Apr 27, 2020 Hanging Man 74.03
SIFY Sify Apr 29, 2020 Belt Hold 76.17
KOPN Kopin May 01, 2020 Hanging Man 72.64