Category: RSI

Markets will be closed on Monday Jan 17, 2021 to observe Dr. Martin Luther King Jr’s birthday.

It’s also US President’s inauguration week.

What to watch for in the first few months of the Biden administration that could affect the markets?

• Keep the pause on student loan payments and interest on federal loans
• Rejoin the Paris accord
• Potential $1.9 Trillion Relief Package that could give $1,400 check to most Americans

Q4 earnings continue this week with banks continuing to be in focus.

In technology Netflix and Intel will report this week.

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

Monday, January 18, 2021

Logitech Int Sa(LOGI) – After Market

Tuesday, January 19, 2021

Goldman Sachs(GS) – Before Market J.B. Hunt Transport Services, Inc.(JBHT) – After Market Netflix(NFLX) – After Market Bank of America Corp(BAC) – Before Market Charles Schwab Corporation(SCHW) – Before Market Comerica Inc.(CMA) – Before Market Halliburton Co.(HAL) – Before Market Ameriserv Financial(ASRV) – Before Market Mercantile Bank(MBWM) – Before Market Pinnacle Financial Partners(PNFP) – After Market

Wednesday, January 20, 2021

Procter & Gamble(PG) – Before Market UnitedHealth(UNH) – Before Market The Bank of New York Mellon Corp.(BK) – Before Market Discover Financial Services(DFS) – After Market Morgan Stanley(MS) – Before Market U.S. Bancorp(USB) – Before Market The First Bancorp(FNLC) – After Market Umpqua Holdings(UMPQ) – After Market Alcoa(AA) – After Market Citizens Financial Group Inc(CFG) – Before Market

Thursday, January 21, 2021

International Business Machines Corporation(IBM) – After Market Intel(INTC) – After Market Travelers Companies Inc(TRV) – Before Market Citrix Systems, Inc.(CTXS) – Before Market CSX Corporation(CSX) – After Market Seagate Technology Holdings(STX) – After Market Union Pacific(UNP) – Before Market Fuelcell Energy(FCEL) – Before Market LSI Industries(LYTS) – Before Market Banc of California(BANC) – Before Market Flagstar Bancorp(FBC) – Before Market National Bank Holdings(NBHC) – After Market TAL Education(TAL) – Before Market

Friday, January 22, 2021

Schlumberger Ltd.(SLB) – Before Market Ally Financial Inc(ALLY) – Before Market

The following is a list of stocks for the week of Jan 11, 2021 – Jan 15, 2021 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
BBBY	Bed Bath & Beyond Inc.	Jan 14, 2021	Deliberation	75.98
NRG	NRG Energy, Inc.	Jan 12, 2021	Deliberation	79.17
IPGP	IPG Photonics	Jan 12, 2021	Deliberation	79.58
PACB	Pacific Biosciences	Jan 11, 2021	Belt Hold	72.98
PCRX	Pacira BioSciences, Inc.	Jan 13, 2021	Deliberation	79.41
ALLY	Ally Financial Inc	Jan 13, 2021	Belt Hold	80.89
WBS	Webster Financial	Jan 14, 2021	Deliberation	84.3

Q4 earnings this week

Some of the major financial companies will report their 4th quarter earnings this week on Friday.

Banks stock prices have been increasing largely due to optimism over Covid-19 vaccinations. Analysts accordingly are expecting an improved future for these companies. Banks are expected to post good numbers for Q4.

Not quite in focus but Delta Airlines will also post their earnings this week on Thursday.  This will also forecast what to expect with air travel sector for Q4.

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

Monday, January 11, 2021

Carnival Corp.(CCL) – Before Market

Tuesday, January 12, 2021

KB Home(KBH) – After Market

Thursday, January 13, 2020

BlackRock(BLK) – Before Market Delta Air Lines(DAL) – Before Market

Friday, January 14, 2020

JPMorgan Chase(JPM) – Before Market Citigroup Inc.(C) – Before Market PNC Financial Services(PNC) – Before Market Wells Fargo(WFC) – Before Market Bridgford Foods(BRID) – After Market

The following is a list of stocks for the week of Jan 04, 2021 – Jan 08, 2021 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
DHR	Danaher Corp.	Jan 07, 2021	Deliberation	71.35
MAT	Mattel Inc.	Jan 08, 2021	Hanging Man	70.33
PKI	PerkinElmer	Jan 07, 2021	Doji Star	78.14
ICUI	ICU Medical	Jan 07, 2021	Hanging Man	71.08
UBSI	United Bankshares	Jan 08, 2021	Hanging Man	71.62
ALLY	Ally Financial Inc	Jan 08, 2021	Hanging Man	73.73
ASX	ASE Technology Holding Co., Ltd.	Jan 07, 2021	Hanging Man	76.03
ORA	Ormat	Jan 07, 2021	Deliberation	83.85
POL	PolyOne Corporation	Jan 08, 2021	Hanging Man	73.05
WST	West Pharmaceutical Services	Jan 07, 2021	Deliberation	73.19
TCBI	Texas Capital Bncsh	Jan 08, 2021	Belt Hold	71.13

Happy New Year 2021!

Georgia senate elections and continuing pandemic will drive the markets in January.

If the Georgia elections results in Republicans taking control of the senate then the stock market is expected to react bullishly else bearishly if the Democrats do.

Covid-19 infections and deaths in the US remains high.  Investors will watch the distribution and administration of the Covid-19 vaccine and it’s affect on the high infection totals,

The following is a list of stocks for the week of Dec 28, 2020 – Dec 31, 2021 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
NICE	Nice-Systems	Dec 28, 2020	Hanging Man	78.45
WCC	Wesco	Dec 29, 2020	Hanging Man	72.93
DDS	Dillards	Dec 29, 2020	Hanging Man	71.39
PRGS	Progress Software	Dec 29, 2020	Hanging Man	70.14

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

Last week all three major indices in the US closed down for the week.  Covid-19 surge and uncertainties around the economic stimulus is widely considered to be the reason.

Covid-19 Vaccinations are set to begin this week in the US.  Although, it will be only for high risk individuals and health care workers.  On Monday Dec 14 $908 Billion pandemic relief is supposed to go to congress.

Expect traders to continue to look at these to drive the market again this week.

Q3 earnings this week

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

Wednesday, December 16, 2020

Lennar Corp.(LEN) – After Market China Distance Education(DL) – After Market Toro(TTC) – Before Market

Thursday, December 17, 2020

FedEx Corporation(FDX) – After Market General Mills(GIS) – Before Market Scholastic(SCHL) – After Market Accenture(ACN) – Before Market Rite Aid Corporation(RAD) – Before Market

Friday, December 18, 2020

NIKE, Inc.(NKE) – After Market Darden Restaurants(DRI) – Before Market Winnebago Industries(WGO) – Before Market

The following is a list of stocks for the week of Dec 07, 2020 – Dec 11, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker	Company Name	Date	Chart Type	RSI
HNP	Huaneng Power	Dec 10, 2020	Hammer	29.98

The bearish matches – Overbought RSI

Ticker	Company Name	Date	Chart Type	RSI
VOD	Vodafone Group, plc.	Dec 07, 2020	Hanging Man	75.71
NVCR	NovoCure Limited	Dec 07, 2020	Deliberation	70.32
NCLH	Norwegian Cruise Line	Dec 09, 2020	Dark Cloud Cover	70.77
CLF	Cleveland-Cliffs	Dec 09, 2020	Dark Cloud Cover	73.73
ROKU	Roku Inc	Dec 09, 2020	Meeting Lines	72.26
SID	National Steel	Dec 09, 2020	Belt Hold	70.21
TAP	Molson Coors Brewing Company	Dec 09, 2020	Hanging Man	70.72
TIF	Tiffany & Co.	Dec 09, 2020	Hanging Man	71.96

Markets continued to go up last week over the positive news of the Covid-19 vaccine.  Pfizer is expected to ship 50 million doses by end of the year.  The CDC guidelines are that healthcare workers and residents of long term care facilities will receive them first.

AirBnb(ABNB) will IPO at estimated $90-$95 on Dec 10 and Doordash(DASH) will IPO at estimated $44-$50 on Dec 09.  A  Both companies are not profitable at this time.  However, Doordash business has boomed during the pandemic while AirBnb business has declined.

Q3 earnings this week

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

Monday, December 7, 2020

LightInTheBox(LITB) – Before Market Toll Brothers(TOL) – After Market

Tuesday, December 8, 2020

AutoZone Inc(AZO) – Before Market Block H&R(HRB) – Before Market GameStop Corp.(GME) – After Market AeroVironment(AVAV) – After Market MongoDB(MDB) – After Market Streamline(STRM) – After Market Barnes & Noble Education Inc(BNED) – Before Market

Wednesday, December 9, 2020

Adobe Systems Incorporated(ADBE) – After Market Campbell Soup(CPB) – Before Market United Natural Foods(UNFI) – Before Market Enzo Biochem(ENZ) – After Market Designer Brands Inc(DBI) – Before Market Mesa Air Group Inc(MESA) – After Market

Thursday, December 10, 2020

Broadcom Inc.(AVGO) – After Market Costco Wholesale Corporation(COST) – After Market Oracle Corp.(ORCL) – After Market Dave & Buster’s Entertainment(PLAY) – After Market Lululemon Athletica(LULU) – After Market Ciena Corp(CIEN) – Before Market

The following is a list of stocks for the week of Nov 30, 2020 – Dec 04, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker	Company Name	Date	Chart Type	RSI
BGNE	BeiGene, Ltd.	Dec 04, 2020	Harami	28.83

The bearish matches – Overbought RSI

 

Ticker	Company Name	Date	Chart Type	RSI
CLF	Cleveland-Cliffs	Nov 30, 2020	Evening Star	75.81
OCUL	Ocular Therapeutix	Nov 30, 2020	Deliberation	84.19
SFUN	Fang Holdings	Nov 30, 2020	Hanging Man	86.4
MRNA	Moderna Inc	Dec 01, 2020	Belt Hold	75.88
MCC	Medley Capital	Dec 02, 2020	Deliberation	84.71
PACB	Pacific Biosciences	Dec 03, 2020	Deliberation	75.22
CLNY	Colony Capital A	Dec 04, 2020	Hanging Man	80.97
OAS	Oasis	Dec 04, 2020	Deliberation	99.63

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

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

 

Elections are over.  Markets spiked up last Monday after former Vice President Biden was announced as the winner of the 2020 election and closed up for the week.

Now Covid-19 is back in the forefront of news again and not due to lack of political or earnings report news.  Average daily cases in US is well over 100,000.  Some states and local governments are shutting down non-essential businesses again.  This looks to be in the minds of the investors this week.  After closing positive last week Covid-19 news this week markets may be set for a decline.

Q3 earnings continue.  Baidu.com, NVDIA and some major retailers Home Depot, and Walmart report their earnings this week.

For you TSLA lovers NIO, the Chinese EV maker will report their earnings on Tuesday.

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

Monday, November 16, 2020

Baidu.com, Inc.(BIDU) – After Market JD.com(JD) – Before Market

Tuesday, November 17, 2020

Home Depot(HD) – Before Market Wal-Mart(WMT) – Before Market Kohls Corp.(KSS) – Before Market Spectra Energy Corp.(SE) – Before Market NIO(NIO) – After Market

Wednesday, November 18, 2020

NVIDIA Corporation(NVDA) – After Market L Brands Inc.(LB) – After Market Lowes Cos.(LOW) – Before Market Target Corp.(TGT) – Before Market TJX Companies Inc.(TJX) – Before Market

Thursday, November 19, 2020

Ross Stores Inc.(ROST) – After Market Workday, Inc.(WDAY) – After Market Macy’s, Inc.(M) – Before Market BJs Wholesale Club(BJ) – Before Market

Friday, November 20, 2020

Foot Locker(FL) – Before Market GASCO ENERGY(GSX) – Before Market

The following is a list of stocks for the week of Nov 09, 2020 – Nov 13, 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
PLNT	Planet Fitness Inc	Nov 09, 2020	Doji Star	72.71
INFO	IHS Markit Ltd	Nov 09, 2020	Belt Hold	79.56
GRMN	Garmin Ltd.	Nov 09, 2020	Belt Hold	80.74
YY	YY Inc.	Nov 09, 2020	Belt Hold	70.69
COHR	Coherent	Nov 09, 2020	Deliberation	74.14
RMD	ResMed	Nov 10, 2020	Belt Hold	70.55
LVS	Las Vegas Sands	Nov 11, 2020	Belt Hold	70.86
ARMK	Aramark Holdings	Nov 11, 2020	Belt Hold	70.79
AFG	American Financial	Nov 11, 2020	Hanging Man	77.02
PKX	POSCO	Nov 11, 2020	Hanging Man	75.92
INSP	Inspire Medical Systems	Nov 13, 2020	Three Inside Down	72.66