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 |