Weekly Picks of Stocks (05/24/2021)

The U.S. Bureau of Economic Analysis will release its April personal consumption expenditures (PCE) report on Friday.

PCE is expected to rise 3.5% over April 2020. This is supposed to be highest since 2008.

PCE is the primary source of Federal Reserve to gauge inflation. Despite the record rise in PCE the inflation is expected to hold just above 2%. As long the inflation is close to 2% Federal Reserve has claimed will not raise the current interest rates.

Already the tech sector has underperformed the S&P 500 this year mainly due to inflationary concerns. Will the other indices follow?

Earning highlights this week:

• Tuesday:  Intuit (INTU) & AutoZone (AZO)
• Wednesday:  NVIDIA (NVDA) & Okta (OKTA)
• Thursday: Autodesk, Inc. (ADSK), Costco Wholesale Corporation (COST), Best Buy Co. Inc. (BBY), Salesforce.com (CRM) & Dell (DELL)

Click on the ticker links below for earnings estimates and whispers on expected earnings. 

Monday, May 24, 2021

Americas Car-Mart (CRMT) – After Market.

Magal Security Systems (MAGS) – Before Market.

Nordson (NDSN) – After Market.

Target Hospitality Corp (TH) – Before Market.

Puxin Limited (NEW) – Before Market.

Tuesday, May 25, 2021

Intuit, Inc. (INTU) – After Market.

AutoZone Inc (AZO) – Before Market.

Nordstrom (JWN) – After Market.

Urban Outfitters (URBN) – After Market.

Skycoin (SKY) – After Market.

21 Vianet Group (VNET) – After Market.

Capital Southwest (CSWC) – After Market.

China Lodging (HTHT) – Before Market.

Citi Trends (CTRN) – Before Market.

Cracker Barrel Old (CBRL) – Before Market.

Elbit Systems (ESLT) – Before Market.

Ituran Location (ITRN) – Before Market.

Makemytrip (MMYT) – Before Market.

Red Robin Gourmet Burger (RRGB) – After Market.

Tarena International (TEDU) – Before Market.

Trinity Biotech Plc (TRIB) – Before Market.

Viasat (VSAT) – Before Market.

Zscaler (ZS) – After Market.

Agilent Technologies (A) – After Market.

Dycom Industries (DY) – Before Market.

HEICO Corporation (HEI) – After Market.

Nordic American Tankers (NAT) – Before Market.

ReneSola (SOL) – After Market.

Toll Brothers (TOL) – After Market.

TigerLogic Corporation (TIGR) – Before Market.

Wednesday, May 26, 2021

NVIDIA Corporation (NVDA) – After Market.

Workday, Inc. (WDAY) – After Market.

Cavco Industries (CVCO) – After Market.

Columbus Mckinnon (CMCO) – Before Market.

Evogene Ltd. (EVGN) – Before Market.

Nutanix Inc (NTNX) – After Market.

Partner Communications Co (PTNR) – Before Market.

Photronics (PLAB) – Before Market.

Okta, Inc. (OKTA) – After Market.

Abercrombie & Fitch (ANF) – Before Market.

American Eagle Outfitters (AEO) – After Market.

Bank of Montreal (BMO) – Before Market.

Build-A-Bear Workshop (BBW) – Before Market.

Capri Holdings (CPRI) – Before Market.

Dick’s Sporting Goods (DKS) – Before Market.

DXC Technology (DXC) – After Market.

ELF Beauty (ELF) – After Market.

EnerSys (ENS) – After Market.

Modine Manufacturing (MOD) – After Market.

Ooma Inc (OOMA) – After Market.

Pure Storage Inc (PSTG) – After Market.

REX American Resources (REX) – Before Market.

Universal (UVV) – After Market.

Williams Sonoma (WSM) – After Market.

Nextgen Healthcare (NXGN) – After Market.

Digital Turbine (APPS) – After Market.

Pinduoduo Inc. (PDD) – Before Market.

Zuora Inc (ZUO) – After Market.

Bristow Group Inc (VTOL) – After Market.

Banco BBVA Argentina S.A.  (BBAR) – After Market.

Thursday, May 27, 2021

Autodesk, Inc. (ADSK) – After Market.

Costco Wholesale Corporation (COST) – After Market.

Dollar Tree, Inc. (DLTR) – Before Market.

Ulta Beauty (ULTA) – After Market.

Best Buy Co. Inc. (BBY) – Before Market.

Dollar General (DG) – Before Market.

The Gap, Inc. (GPS) – After Market.

Medtronic Inc. (MDT) – Before Market.

Salesforce.com (CRM) – After Market.

American Woodmark (AMWD) – Before Market.

Ascendis Pharma A/S (ASND) – After Market.

CorVel (CRVL) – Before Market.

Destination Xl Group (DXLG) – Before Market.

Fanhua Inc (ADR) (FANH) – After Market.

Ollie’s Bargain Outlet Holdings (OLLI) – After Market.

Sanderson Farms (SAFM) – Before Market.

Titan Machinery (TITN) – Before Market.

YY Inc. (YY) – After Market.

Domo, Inc. (DOMO) – After Market.

Autohome ADR (ATHM) – Before Market.

Box Inc (BOX) – After Market.

Burlington Stores (BURL) – Before Market.

Canadian Imperial Bank (CM) – Before Market.

Dell Tech (DELL) – After Market.

Frontline (FRO) – Before Market.

Genesco Inc. (GCO) – Before Market.

Grupo Supervielle (SUPV) – After Market.

Guess’, Inc (GES) – After Market.

Banco Macro S.A. (BMA) – After Market.

Mix Telemats (MIXT) – Before Market.

Movado (MOV) – Before Market.

Royal Bank Of Canada (RY) – Before Market.

Thermon (THR) – Before Market.

Toronto Dominion Bank (TD) – Before Market.

Veeva Sys Inc (VEEV) – After Market.

VMware, Inc. (VMW) – After Market.

Hamilton Lane Incorporated Class A (HLNE) – Before Market.

Yunji Inc. Ads (YJ) – Before Market.

Hoegh LNG Partners LP (HMLP) – Before Market.

HeadHunter Group PLC (HHR) – Before Market.

RedHill Biopharma Ltd. (RDHL) – Before Market.

Yext Inc (YEXT) – After Market.

Anaplan, Inc. (PLAN) – Before Market.

Karat Packaging Cmn (KRT) – Before Market.

Friday, May 28, 2021

Bridgford Foods (BRID) – After Market.

Hibbett Sports, Inc. (HIBB) – Before Market.

Big Lots (BIG) – Before Market.

Caleres (CAL) – Before Market.

The following is a list of stocks for the week of May 17, 2021 – May 21, 2021 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker	Company Name	Date	Chart Type	RSI
SQM	Sociedad Quimica y Minera	May 21, 2021	Homing Pigeon	26.7
FLR	Fluor Corp.	May 21, 2021	Homing Pigeon	29.59
ESE	ESCO Technologies	May 21, 2021	Homing Pigeon	25.2

The bearish matches – Overbought RSI

Ticker	Company Name	Date	Chart Type	RSI
HTZ	Hertz Global Holdings	May 17, 2021	Belt Hold	78.84
HTZ	Hertz Global Holdings	May 18, 2021	Three Outside Down	70.82
NUE	Nucor Corp.	May 18, 2021	Dark Cloud Cover	71.14
OAS	Oasis	May 21, 2021	Deliberation	70.96