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 |