US Stock Markets will be closed this Friday April 2, 2021 for Good Friday.
Last week Dow Jones and S&P 500 rebounded to close at an all time high. Nasdaq, however, continues to lag behind. Consensus is that investors are moving money out of overpriced tech stocks due inflation concerns. Treasury yields remain higher than at the end of 2020.
March jobs report will be published on Friday. Unemployment rate is expected to be at 6%. That is the lowest since Feb, 2020.
Despite the rate drop US is still 10 million jobs less than where it was at the same time last year. This should counter concerns over inflation making the lagging Nasdaq as a correction instead of any sustainable decline.
Some known companies reporting earnings this week…
McCormick(MKC), Lululemon(LULU), will report their earnings on Tuesday, March 30, Walgreens(WBA) on Wednesday March 31 and CarMax(KMX) or Thursday April 1.
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, March 29, 2021 |
| Acacia Research(ACTG) – Before Market Cal-Maine Foods(CALM) – Before Market Gulf Island Fabrication(GIFI) – After Market VirTra(VTSI) – After Market |
| Tuesday, March 30, 2021 |
| McCormick & Co.(MKC) – Before Market PVH Corp.(PVH) – After Market Angiodynamics(ANGO) – Before Market Bellicum Pharmaceuticals(BLCM) – After Market EDAP TMS SA(EDAP) – After Market Kandi Technologies(KNDI) – Before Market Lululemon Athletica(LULU) – After Market Qiwi plc(QIWI) – Before Market Spectrum Pharmaceuticals(SPPI) – After Market FactSet Research(FDS) – Before Market Natural Gas Services(NGS) – Before Market voxeljet AG(VJET) – After Market Crinetics Pharmaceuticals Inc(CRNX) – After Market Cormedix Inc(CRMD) – After Market Osmotica Pharmaceuticals Plc(OSMT) – After Market Pieris Pharma(PIRS) – Before Market Polarityte Inc(PTE) – Before Market Target Hospitality Corp(TH) – Before Market |
| Wednesday, March 31, 2021 |
| Walgreens Boots Alliance, Inc.(WBA) – Before Market Micron Technology, Inc.(MU) – After Market Conn’s(CONN) – Before Market Consolidated Water(CWCO) – After Market Dave & Buster’s Entertainment(PLAY) – After Market Ever-Glory Intl Group(EVK) – Before Market Rockwell Medical Tech(RMTI) – After Market Sportsman’s Warehouse Holdings(SPWH) – After Market Verint Systems(VRNT) – After Market CVD Equipment(CVV) – After Market GSE Systems(GVP) – After Market Ideanomics(IDEX) – After Market XpresSpa(XSPA) – After Market Acuity Brands(AYI) – Before Market Capital Senior Living(CSU) – Before Market Guess’, Inc(GES) – After Market Unifirst(UNF) – Before Market Apyx Medical Corporation(APYX) – Before Market Galectin Therapeutic(GALT) – Before Market Greenlane Holdings Inc. Cl A(GNLN) – Before Market Novagold Resources Inc(NG) – After Market |
| Thursday, April 1, 2021 |
| Carmax Inc(KMX) – Before Market Franklin Covey(FC) – After Market |
The following is a list of stocks for the week of Mar 22, 2021 – Mar 26, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| MLAB | Mesa Laboratories | Mar 23, 2021 | Harami | 27.21 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| ANTM | Anthem Inc. | Mar 22, 2021 | Hanging Man | 72.19 |
| ACRS | Aclaris Therapeutics | Mar 22, 2021 | Hanging Man | 71.18 |
| IMOS | ChipMOS TECHNOLOGIES (Bermuda) LTD. | Mar 22, 2021 | Hanging Man | 72.42 |
| DISCB | Discovery Communications | Mar 23, 2021 | Hanging Man | 70.33 |