Quiet week with Q1 earnings and reports this week.
The Consumer Price Index(CPI) jumped more than expected in April raising investor concern over inflation. However, Federal Reserve has continued to maintain that no changes will made to the interest rates. US is still behind 7.9M jobs from before the pandemic.
On another note GME(popular ‘meme’ stock) will report their earnings this week. More importantly experts believe the volatility of these stocks will fizzle out as the economy re-opens and many of the retail investors go back to work in the office.
However, it is not difficult to place limit orders and do research during non-working hours. The retail investors for these ‘meme’ stocks have been investing based on how much the stocks are shorted anyway. We expect the retail investor trends and volatility in these ‘meme’ stocks to continue.
Click on the ticker links below for earnings estimates and whispers on expected earnings.
| Monday, Jun 7, 2021 |
Coupa Software Incorporated (COUP) – After Market.   |
| G-III Apparel Group (GIII) – Before Market. |
| HealthEquity, Inc. (HQY) – After Market. |
| Marvell Tech (MRVL) – After Market. |
| JIAYIN GROUP INC ADS (JFIN) – Before Market. |
| DADA NEXUS LTD ADS (DADA) – After Market. |
| Tuesday, Jun 8, 2021 |
| Momo Inc. (MOMO) – Before Market. |
| Streamline (STRM) – After Market. |
| Chicos FAS (CHS) – Before Market. |
| J.Jill, Inc. (JILL) – Before Market. |
| ACADEMY SPRT COM STK (ASO) – Before Market. |
| BEST Inc. (BEST) – After Market. |
| Wednesday, Jun 9, 2021 |
| GameStop Corp. (GME) – After Market. |
| Lakeland Industries (LAKE) – After Market. |
| Vera Bradley (VRA) – Before Market. |
| Verint Systems (VRNT) – After Market. |
| Oxford Industries (OXM) – After Market. |
| RH (RH) – After Market. |
| Yiren Digital Ltd. (YRD) – After Market. |
| Klx Energy Services Holdings Inc (KLXE) – After Market. |
| The Lovesac Company (LOVE) – Before Market. |
| Thursday, Jun 10, 2021 |
| Astro-Med (ALOT) – Before Market. |
| Dave & Buster’s Entertainment (PLAY) – After Market. |
| Seachange Intl (SEAC) – After Market. |
| Aurora Mobile Limited (JG) – Before Market. |
| Navigator Holdings (NVGS) – After Market. |
| Signet Jewelers (SIG) – Before Market. |
| Vince (VNCE) – After Market. |
| BLUECITY HOLDING ADS (BLCT) – Before Market. |
| KASPIEN HOLDINGS INC (KSPN) – After Market. |
| Chewy, Inc. (CHWY) – After Market. |
| Friday, Jun 11, 2021 |
| Cheetah Mobile Inc (CMCM) – Before Market. |
The following is a list of stocks for the week of Jun 01, 2021 – Jun 04, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| NGM | Ngm Biopharmaceuticals Inc | Jun 01, 2021 | Inverted Hammer | 16.61 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| UE | Urban Edge Properties | Jun 02, 2021 | Hanging Man | 72.37 |
| RGR | Sturm, Ruger & Company, Inc. | Jun 02, 2021 | Hanging Man | 70.29 |
| IDCC | Interdigital | Jun 03, 2021 | Hanging Man | 79.82 |
| ENLC | EnLink Midstream, LLC | Jun 04, 2021 | Meeting Lines | 77.25 |
| EVRI | Everi Holdings | Jun 04, 2021 | Deliberation | 81.55 |
| WHD | Cactus, Inc. | Jun 04, 2021 | Deliberation | 77.51 |
| KRNT | Kornit Digital | Jun 04, 2021 | Deliberation | 72.83 |
| NRK | Nuveen New York AMT-Free | Jun 04, 2021 | Hanging Man | 70.19 |