Weekly Picks of Stocks (Sep 14, 2020)

Nasdaq dropped slightly over 4% last week.  For those of you interested in stats that’s the most since March following Covid-19 shutdowns. Will the correction continue this week?  There isn’t any news expected to suggest otherwise.  Best to prepare for a sideways moving market at least until the next earnings season or if the Fed pushes another relief package.

There is an Apple event on Sept 15.  This is when they typically announce new phones.  However, this year no significant news is expected from this event.  Apple is down 18% from their highs after the 4:1 split.

Corporate earning season continues this week.

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

Monday, September 14, 2020
Lennar Corp.LEN)
Tuesday, September 15, 2020
Adobe Systems Incorporated(ADBE)
FedEx Corporation(FDX)

The following is a list of stocks for the week of Sep 08, 2020 – Sep 11, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
SU Suncor Energy Sep 09, 2020 Homing Pigeon 28.75
FANG Diamondback Energy Inc Sep 09, 2020 Homing Pigeon 26.16
CPB Campbell Soup Sep 09, 2020 Homing Pigeon 28.55
WBA Walgreens Boots Alliance, Inc. Sep 11, 2020 Doji Star, Homing Pigeon 24.45
CIEN Ciena Corp Sep 11, 2020 Harami 23.04
LITE Lumentum Holdings Inc. Sep 11, 2020 Homing Pigeon 26.92

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
None

Weekly Picks of Stocks (Sep 8, 2020)

All major indices dropped at the end of the week.  Will the slide continue this week?  There wasn’t any bad news that caused this drop.  It looks like profit taking.  If that is the case look for the rebound sometime this week.

Tesla didn’t make the S&P 500 as widely thought.  Consensus is that this will cause a sell-off.  At least until the next earnings season when the rumors of Tesla making it to the S&P 500 should cause it to go up again.

Corporate earning season continues this week.  Will any or some of these lead the rebound or get caught up in the overall sell-off in the market?

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

Tuesday, September 8, 2020
Slack(WORK)
Lululemon Athletica(LULU)
Wednesday, September 9, 2020
American Eagle Outfitters(AEO)
Mei Pharma Inc(MEIP)
Thursday, September 10, 2020
Aurora Cannabis(ACB)
Fuelcell Energy(FCEL)
Oracle Corp.(ORCL)
PELOTON (PTON)
Friday, September 11, 2020
Kroger Co.(KR)

The following is a list of stocks for the week of Aug 31, 2020 – Sep 04, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
GRFS Grifols Aug 31, 2020 Homing Pigeon 26.58

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
TRQ Turquoise Hill Resources Sep 01, 2020 Doji Star 82.07
MRVL Marvell Tech Sep 01, 2020 Deliberation 70.0
YUMC Yum China Holdings Sep 01, 2020 Hanging Man 70.6
GSHD Goosehead Insurance Inc. Class A Common Stock Sep 01, 2020 Deliberation 70.89
RUN Sunrun Inc. Sep 02, 2020 Dark Cloud Cover 71.63
KBR KBR Sep 02, 2020 Hanging Man 70.54
APPN Appian Corporation Sep 02, 2020 Deliberation 75.32
CYRX Cryoport Inc Sep 03, 2020 Breakaway 76.06

Weekly Picks of Stocks (Aug 30, 2020)

Some events and questions for this week.

Apple(AAPL) 4 for 1 and Tesla(TSLA) 5 for 1 will split on Monday by market open.  Will this increase the price of these stocks this week as the price makes it attractive for more investors?  Will be they be significant enough to move the price up?  Or will profit takers move the price down?

Nasdaq and S&P 500 have been closing at all time highs while the Dow 30 index has erased all the losses caused by the Covid-19 pandemic.  What will cause the next correction and when will it be?

Corporate earning season continues this week.

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

Earnings Announcement Date Companies
Monday, August 31, 2020 ZOOM VIDEO CMTS CM A ZM
Tuesday, September 1, 2020 Block H&R HRB
Wednesday, September 2, 2020 Macy’s, Inc. M, Copart, Inc. CPRT
Thursday, September 3, 2020 Broadcom Inc. AVGO, Campbell Soup CPB,  Momo Inc. MOMO, The Michaels Companies MIK, DocuSign, Inc. DOCU
Friday, September 4, 2020 Vedanta Ltd VEDL

The following is a list of stocks for the week of Aug 24, 2020 – Aug 28, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
MNRO Monro Muffler/Brake Aug 24, 2020 Ladder Bottom 29.11
RETA Reata Pharmaceuticals Inc Aug 25, 2020 Harami 27.46
STRA Strayer Education Aug 25, 2020 Harami 23.03
OPK OPKO Health Aug 28, 2020 Homing Pigeon 29.87

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
EXPI Exp Realty Internati Aug 24, 2020 Three Inside Down 71.23
NOMD Nomad Foods Aug 24, 2020 Hanging Man 75.3
TXRH Texas Roadhouse Aug 24, 2020 Hanging Man 70.06
MTLS Materialise NV Aug 24, 2020 Deliberation 71.31
JD JD.com Aug 27, 2020 Upside Gap Two Crows 77.29
CRM Salesforce.com Aug 28, 2020 Harami Cross 81.92

 

Weekly Picks of Stocks (08/24/2020)

Key reports to watch out for this week:

Consumer Confidence Report will be published on Aug 25, 2020 (or every last Tuesday of the month). In July the number was 92.6.  For reference last Aug the number was 128.

Gross Domestic Product Q2 2nd revision will be released on Aug 27, 2020.

Corporate earning season continues and some big companies from the Technology sector will report their earnings this week.

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

Date Tickers
Tuesday, August 25, 2020 Autodesk, Inc.(ADSK), Intuit, Inc.(INTU), Best Buy Co. Inc.(BBY), Hormel Foods Corp.(HRL), Medtronic Inc.(MDT), Nordstrom(JWN), Salesforce.com(CRM),
Smucker(SJM), Hewlett Packard(HPE),
Toll Brothers(TOL)
Wednesday, August 26, 2020 NetApp(NTAP), Splunk Inc(SPLK), Box Inc(BOX),
Eaton Vance(EV)
Thursday, August 27, 2020 Dollar Tree, Inc.(DLTR), Workday, Inc.(WDAY), Dollar General(DG), The Gap, Inc.(GPS), HP Inc.(HPQ), Tiffany & Co.(TIF), Marvell Tech(MRVL), Okta, Inc.(OKTA), Coty Inc(COTY), Dell Tech(DELL),
Frontline(FRO), VMware, Inc.(VMW)

The following is a list of stocks for the week of Aug 17, 2020 – Aug 21, 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
AAP Advance Auto Parts Aug 18, 2020 Belt Hold 75.41
NPO Enpro Industries Aug 18, 2020 Hanging Man 70.95
AZRE Azure Power Global Aug 18, 2020 Hanging Man 78.95
PLUG Plug Power Inc. Aug 20, 2020 Hanging Man 75.27
JD JD.com Aug 21, 2020 Deliberation 75.78
TPTX Turning Point Therapeutics Inc Aug 21, 2020 Hanging Man 70.3

 

Weekly Picks of Stocks (Aug 17, 2020)

Key questions this week.

S&P 500 is very close it’s all time intraday high of 3,393.52 in Feb.  Will the market face resistance at this level or will break through this week?

Economic stimulus package negotiations are still going on between the Republicans and Democrats.  Will this be the week the stimulus is passed?

Retails sales numbers announced last week.

“Retail trade sales were up 0.8 percent (± 0.5 percent) from June 2020, and 5.8 percent (± 0.7 percent) above last year. Non-store retailers were up 24.7 percent (± 1.4 percent) from July 2019, while food and beverage stores were up 11.1 percent (± 0.9 percent) from last year.” – US Department of Commerce (ADVANCE MONTHLY SALES FOR RETAIL AND FOOD SERVICES, JULY 2020)

Some big companies from the retails industry will report their earnings this week.

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

Date Ticker
Monday, August 17, 2020 JD.com(JD)
Tuesday, August 18, 2020 Amcor plc(AMCR), Home Depot(HD), Vedanta Ltd(VEDL), Wal-Mart(WMT)
Wednesday, August 19, 2020 Lowes Cos.(LOW), TJX Companies Inc.(TJX)
Thursday, August 20, 2020 Alibaba(BABA)
Friday, August 21, 2020 Pinduoduo Inc.(PDD)

The following is a list of stocks for the week of Aug 10, 2020 – Aug 14, 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
SRNE Sorrento Therpt Aug 10, 2020 Deliberation 89.11
WAB Westinghouse Air Brake Aug 10, 2020 Deliberation 71.89
GLIBA Gci Liberty Inc. Cl A Aug 10, 2020 Belt Hold 72.85
TXT Textron Inc. Aug 11, 2020 Dark Cloud Cover 72.98
TKR Timken Aug 11, 2020 Shooting Star 72.61
CW Curtiss-Wright Aug 12, 2020 Upside Gap Two Crows 73.6
DCI Donaldson Aug 12, 2020 Hanging Man 75.48

 

Weekly Picks of Stocks (08/10/2020)

Total corona virus cases pass 5 million in the US stretching its lead in the world as the number one country in terms of infections.

President Trump extended unemployment benefits of $400/week.  This is a $200 reduction from the previous benefit that expired on Aug 1st.

US Inflation report is set to be released this week on Aug 12, 2020.  The pandemic and state the economy will ensure that inflation remains low in the US.

July retail sales numbers will be released by the commerce department this week.  In June the numbers increased above expectations.  How will it be in July?

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 10, 2020 Duke Energy(DUK),Occidental Petroleum(OXY),PPL Corp.(PPL), Randgold Resources(GOLD)
Tuesday, August 11, 2020 NIO(NIO)
Wednesday, August 12, 2020 Cisco(CSCO),BRF S.A.(BRFS), Ultrapar Participacoes(UGP)
Thursday, August 13, 2020 Applied Materials, Inc.(AMAT), Brookfield Asset Management(BAM),Vedanta Ltd(VEDL), IQIYI, INC. ADS(IQ)

The following is a list of stocks for the week of Aug 03, 2020 – Aug 07, 2020 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
STRA Strayer Education Aug 06, 2020 Engulfing 27.83

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
LPSN Liveperson Aug 05, 2020 Deliberation 80.62
PDCO Patterson Companies Aug 05, 2020 Hanging Man 77.74
FRPT Freshpet Aug 05, 2020 Upside Gap Two Crows 73.84
VSLR Vivint Solar Inc Aug 06, 2020 Deliberation 77.94
PDCO Patterson Companies Aug 06, 2020 Hanging Man 74.65
TWST Twist Bioscience Corp Aug 06, 2020 Dark Cloud Cover 70.08
HCM Hutchison China MediTech Ltd. Aug 06, 2020 Deliberation 72.6
PFSI PennyMac Financial Aug 07, 2020 Belt Hold 81.52

 

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

 

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

 

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

 

Weekly Picks of Stocks (July 13, 2020)

The following is a list of stocks for the week of Jul 06, 2020 – Jul 10, 2020 that show bullish and bearish trends.

Second quarter earnings start this week.  Prominent companies reporting in are Netflix(NFLX: $1.81/share expected), UnitedHealth Group (UNH: $5.18/share expected) and Delta Airlines (DAL: -4.12/share expected).

Will earnings or record Covid-19 cases in some states dictate the markets this week?

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
CACI CACI International Inc Jul 10, 2020 Piercing Line 27.9

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
SHOP Shopify Inc Jul 06, 2020 Upside Gap Two Crows 71.28
MELI MercadoLibre Jul 08, 2020 Hanging Man 72.91
HMY Harmony Gold Mining Jul 09, 2020 Dark Cloud Cover 76.99
BZUN Baozun Inc. Jul 09, 2020 Dark Cloud Cover 73.86
BZUN Baozun Inc. Jul 09, 2020 Belt Hold 73.86
MELI MercadoLibre Jul 09, 2020 Hanging Man 73.4
HCM Hutchison China MediTech Ltd. Jul 09, 2020 Hanging Man 78.91