FOMC(Federal Open Market Committee) meeting will take place this Wednesday. Inflation concerns will remain in focus. Will it remain under control while new stimulus checks of $1,400 go out this week, more people getting vaccinated and local businesses re-opening? Investors will closely watch if the Fed rates will be adjusted before the end of 2023.
Travel is picking up as TSA screened over 1.3M people at airports on Friday. That is the highest number of passengers on a single day since March 15, 2020.
Retails sales data will be released on Tuesday. Expected to pull back from January but there are indications that it will be strong by the end of the year. People’s savings are high at 20%.
Nike(NKE) and Dollar General(DG) from the retail sector will report their earnings this week.
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, March 15, 2021 |
| Corbus Pharmaceuticals Holdings(CRBP) – Before Market Morgan Stanley Capital Protect(MOR) – After Market Stratus Properties(STRS) – Before Market Phoenix New Media(FENG) – After Market StarTek, Inc.(SRT) – After Market Catalyst Pharm Inc(CPRX) – After Market |
| Tuesday, March 16, 2021 |
| Lennar Corp.(LEN) – After Market Calithera Biosciences(CALA) – After Market ChipMOS TECHNOLOGIES (Bermuda) LTD.(IMOS) – Before Market Citi Trends(CTRN) – Before Market Coupa Software Incorporated(COUP) – After Market Curis, Inc.(CRIS) – After Market Infinity Pharmaceuticals(INFI) – After Market Eastman Kodak Company(KODK) – After Market Townsquare Media LLC(TSQ) – Before Market Designer Brands Inc(DBI) – Before Market New Age Beverages Corp(NBEV) – Before Market Ring Energy Inc(REI) – After Market |
| Wednesday, March 17, 2021 |
| Cintas Corporation(CTAS) – Before Market Semtech(SMTC) – After Market Arcos Dorados(ARCO) – Before Market Williams Sonoma(WSM) – After Market Lands’ End Inc(LE) – Before Market |
| Thursday, March 18, 2021 |
| NIKE, Inc.(NKE) – After Market Dollar General(DG) – Before Market FedEx Corporation(FDX) – After Market BSQUARE Corp(BSQR) – After Market Canadian Solar(CSIQ) – Before Market Duluth Holdings Inc.(DLTH) – Before Market Scholastic(SCHL) – After Market Aurora Mobile Limited(JG) – Before Market Accenture(ACN) – Before Market Signet Jewelers(SIG) – Before Market HeadHunter Group PLC(HHR) – Before Market RedHill Biopharma Ltd.(RDHL) – Before Market |
| Friday, March 19, 2021 |
| LightInTheBox(LITB) – Before Market |
The following is a list of stocks for the week of Mar 08, 2021 – Mar 12, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| MDLA | Medallia Inc | Mar 09, 2021 | Homing Pigeon | 27.88 |
| ADPT | Adeptus Health Inc. | Mar 09, 2021 | Harami | 29.91 |
| GWRE | Guidewire | Mar 09, 2021 | Harami | 28.5 |
| IRTC | iRhythm Technologies, Inc. | Mar 09, 2021 | Harami | 28.97 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| MRO | Marathon Oil Corp. | Mar 08, 2021 | Upside Gap Two Crows | 70.56 |
| CPE | Callon Petroleum | Mar 08, 2021 | Dark Cloud Cover | 79.86 |
| STAY | Extended Stay America Inc | Mar 09, 2021 | Belt Hold | 70.68 |
| SLGN | Silgan Holdings | Mar 10, 2021 | Hanging Man | 73.08 |
| RXN | Rexnord | Mar 12, 2021 | Hanging Man | 71.93 |
| PPBI | Pacific Premier Bancorp | Mar 12, 2021 | Deliberation | 81.67 |
| ITGR | Integer Hld | Mar 12, 2021 | Hanging Man | 70.64 |