U.S. Labor Department Consumer Pricing Index will be released this week on Thursday. Click here to see their publications. CPI is the most widely used indicator of inflation that measures the average changes in prices of consumer goods and services. A small increase from July is expected. Consensus from major financial firms is that inflation will remain high until early 2022. Federal Reserve as of a few weeks ago reiterated that this is expected but also temporary and therefore, no changes to interest rates will be made.
U.S. Commerce Department will release the August retails sales report in Thursday. Click here to see their publications. Retail sales were down in July. It is also expected to decline in August as Covid related enhanced unemployment benefits have expired.
No major company earnings report for 2Q 2021 this week.
The following is a list of stocks for the week of Sep 06, 2021 – Sep 10, 2021 that show bullish and bearish trends.
The bullish matches – Oversold RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| BIIB | Biogen, Inc | Sep 09, 2021 | Doji Star | 22.37 |
| BIIB | Biogen, Inc | Sep 10, 2021 | Doji Star | 22.25 |
The bearish matches – Overbought RSI
| Ticker | Company Name | Date | Chart Type | RSI |
| NTNX | Nutanix Inc | Sep 07, 2021 | Deliberation | 77.94 |
| MDB | MongoDB | Sep 07, 2021 | Belt Hold | 78.51 |
| MDB | MongoDB | Sep 07, 2021 | Dark Cloud Cover | 78.51 |
| BRKR | Bruker | Sep 07, 2021 | Hanging Man | 73.79 |
| ASND | Ascendis Pharma A/S | Sep 07, 2021 | Three Outside Down | 70.46 |
| CACC | Credit Acceptance | Sep 07, 2021 | Belt Hold | 75.7 |
| CCJ | Cameco | Sep 08, 2021 | Hanging Man | 82.65 |
| ODFL | Old Dominion Freight Lns | Sep 08, 2021 | Hanging Man | 72.22 |
| VRNS | Varonis Systems | Sep 08, 2021 | Belt Hold | 70.88 |