Will the markets return to normal this week after the extreme volatility last week?
There is a battle going on between organized group of retails investors from a reddit group called wallstreetbets and hedge funds over Gamestop. Hedge funds betting the stock price will go to zero while the retail investors buying and holding the same stocks manipulating the stock price to go up. Often this is the same tactic used by hedge funds.
The winner wasn’t decided last week. Many predict that hedge funds will come out on top in the end. Ultimately, though WSB traders have shown the market manipulation can be decentralized and hedge funds better take notice. This tactic is no longer exclusive only to hedge funds.
Earnings continue this week. Google and Amazon will report on Tuesday after market. Both are expected to beat their earnings estimates.
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, February 1, 2021 |
| NXP Semiconductors(NXPI) – After Market Vertex Pharmaceuticals(VRTX) – After Market Cirrus Logic, Inc.(CRUS) – After Market Harmonic(HLIT) – After Market Ryanair Holdings(RYAAY) – Before Market Kilroy(KRC) – After Market |
| Tuesday, February 2, 2021 |
| Exxon Mobil(XOM) – Before Market Pfizer(PFE) – Before Market Alphabet Inc. Class A(GOOGL) – After Market Alphabet Inc. Class C(GOOG) – After Market Amazon.com, Inc.(AMZN) – After Market Amgen Inc.(AMGN) – After Market Electronic Arts(EA) – After Market IDEXX Laboratories, Inc.(IDXX) – Before Market Chipotle Mexican Grill(CMG) – After Market Chubb Limited(CB) – After Market ConocoPhillips(COP) – Before Market Emerson Electric(EMR) – Before Market Harley Davidson(HOG) – Before Market Marathon Petroleum(MPC) – Before Market McKesson Corp.(MCK) – Before Market Pitney Bowes(PBI) – Before Market Sysco Corp.(SYY) – Before Market United Parcel Service(UPS) – Before Market FireEye(FEYE) – After Market Manhattan Associates(MANH) – After Market Match Group(MTCH) – After Market Super Micro Computer(SMCI) – After Market Alibaba(BABA) – Before Market Lennox International Inc.(LII) – Before Market Mplx Lp(MPLX) – Before Market DLH HOLDINGS CORP.(DLHC) – After Market |
| Wednesday, February 3, 2021 |
| Biogen, Inc(BIIB) – Before Market Cognizant Technology Solutions Corporation(CTSH) – After Market eBay Inc.(EBAY) – After Market PayPal Holdings, Inc.(PYPL) – After Market QUALCOMM Incorporated(QCOM) – After Market Allstate Corp(ALL) – After Market Avery Dennison Corp(AVY) – Before Market Boston Scientific(BSX) – Before Market W.W. Grainger, Inc.(GWW) – Before Market Humana Inc.(HUM) – Before Market MetLife Inc.(MET) – After Market Allegiant Travel(ALGT) – After Market Kimball Electronics(KE) – After Market Netgear(NTGR) – After Market Royal Gold(RGLD) – After Market Aflac(AFL) – After Market Grubhub Inc(GRUB) – After Market Suncor Energy(SU) – After Market The Hanover Insurance(THG) – After Market UGI Corporation(UGI) – After Market Valvoline(VVV) – After Market Wabash National(WNC) – Before Market Evolution Petroleum Corp(EPM) – After Market Spotify Technology S.A.(SPOT) – Before Market |
| Thursday, February 4, 2021 |
| Merck(MRK) – Before Market Activision Blizzard(ATVI) – After Market Alexion Pharmaceuticals(ALXN) – Before Market Gilead Sciences, Inc.(GILD) – After Market Microchip Technology(MCHP) – After Market T-Mobile US(TMUS) – After Market Wynn Resorts (WYNN) – After Market AmerisourceBergen Corp(ABC) – Before Market Ametek(AME) – Before Market Baxter International Inc.(BAX) – Before Market Bristol Myers Squibb(BMY) – Before Market CIGNA Corp.(CI) – Before Market The Clorox Company(CLX) – Before Market CMS Energy(CMS) – Before Market Essex Property Trust Inc(ESS) – After Market Ford Motor(F) – After Market Hartford Financial Services Group(HIG) – After Market International Paper(IP) – Before Market Motorola Solutions Inc.(MSI) – After Market News Corporation(NWSA) – After Market Philip Morris International(PM) – Before Market Polo Ralph Lauren Corp.(RL) – Before Market Prudential Financial(PRU) – After Market Quest Diagnostics(DGX) – Before Market The Hershey Company(HSY) – Before Market Unum Group(UNM) – After Market Yum! Brands Inc(YUM) – Before Market Arrowhead Research Corp.(ARWR) – After Market Columbia Sportswear(COLM) – After Market Lancaster Colony(LANC) – Before Market Old Dominion Freight Lns(ODFL) – Before Market Open Text Corp(OTEX) – After Market Skywest(SKYW) – After Market Sohu.Com(SOHU) – Before Market Synaptics(SYNA) – After Market NewYork Times(NYT) – Before Market Peabody Energy(BTU) – Before Market PennyMac Financial(PFSI) – After Market PennyMac Mortgage(PMT) – After Market Plantronics(PLT) – After Market Post(POST) – After Market Regis(RGS) – Before Market Skechers(SKX) – After Market Tapestry(TPR) – Before Market The Unilever Group(UL) – Before Market PELOTON INTACTV CM A(PTON) – After Market Janus Henderson Group plc(JHG) – Before Market Pinterest, Inc.(PINS) – After Market |
| Friday, February 5, 2021 |
| Estee Lauder Cos.(EL) – Before Market Cboe Holdings(CBOE) – Before Market Spectrum Brands(SPB) – Before Market Sanofi(SNY) – Before Market |
The following is a list of stocks for the week of Jan 25, 2021 – Jan 29, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| YPF | YPF Sociedad Anonima | Jan 22, 2021 | Homing Pigeon | 28.36 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| BCRX | Biocryst Pharmaceuticals | Jan 19, 2021 | Deliberation | 73.73 |
| ATTO | Atento SA | Jan 20, 2021 | Belt Hold | 76.19 |
| DTIL | Precision Biosciences Inc | Jan 21, 2021 | Belt Hold | 70.16 |
| UNFI | United Natural Foods | Jan 21, 2021 | Deliberation | 78.19 |
| MRUS | Merus N.V. | Jan 21, 2021 | Deliberation | 76.61 |
| OMER | Omeros | Jan 21, 2021 | Three Outside Down | 75.16 |
| HGV | Hilton Grand Vacations | Jan 21, 2021 | Hanging Man | 70.27 |
| TAC | TransAlta Corp | Jan 21, 2021 | Hanging Man | 85.49 |
| TAC | TransAlta Corp | Jan 22, 2021 | Hanging Man | 85.94 |