Weekly Picks of Stocks (06/21/2021)

Federal Reserve increased their inflation forecast for 2021 and 2022. More importantly they also suggested they may raise the interest rate twice by end of 2023.

In the meantime Federal Reserve continues to maintain the rise in inflation will be temporary. So far the price increases have been in automobiles, gas and air travel have been attributed to the rise in demand from the reopening of the economy.

More Q2 earnings this week.

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

Wednesday, Jun 23, 2021
IHS Markit Ltd (INFO) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
CONCENTRIX CMN (CNXC) – After Market.   Add to Google Calendar   Add to Outlook Calendar
H B Fuller (FUL) – After Market.   Add to Google Calendar   Add to Outlook Calendar
KB Home (KBH) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Thursday, Jun 24, 2021
Carnival Corp. (CCL) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Carnival ADS (CUK) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Progress Software (PRGS) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Synnex (SNX) – After Market.   Add to Google Calendar   Add to Outlook Calendar

The following is a list of stocks for the week of Jun 14, 2021 – Jun 18, 2021 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
THO Thor Industries Jun 15, 2021 Harami 28.87
HBAN Huntington Bancshares Jun 18, 2021 Hammer 21.32
TAL TAL Education Jun 18, 2021 Harami 26.73

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
PDM Piedmont Office Jun 14, 2021 Hanging Man 73.51
WAT Waters Corporation Jun 14, 2021 Hanging Man 71.28
PBH Prestige Brand Jun 14, 2021 Hanging Man 73.27
ARGX ARGENX SE ADS Jun 14, 2021 Deliberation 71.32
PBH Prestige Brand Jun 17, 2021 Hanging Man 75.66
SPT SPROUT SOCIAL INC CS Jun 18, 2021 Deliberation 80.41

 

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