Weekly Picks of Stocks (09/27/2021)

Markets this week will focus on US Lawmakers as they try to pass legislation to avoid government shutdown by end of September as well as raising the debt ceiling.

Debt ceiling is the maximum amount that the US Government is allowed to borrow.  Occasionally US Government needs to vote on increasing the limit to prevent the government from defaulting on its loans and bills.  The current limit is at $22 Trillion.  Expect volatility in the market if there are delays in this process.

Consumer confidence index for September will be released on Tuesday.  It is expected to be slightly higher than Aug.  Aug CCI declined and consensus was that it was due to increased concerns over the Delta Variant.

CCI is an indicator of how the people expect to spend and save in the future.

Q3 Earnings this week

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

Monday, Sep 27, 2021
CONCENTRIX CMN (CNXC) – After Market.   Add to Google Calendar   Add to Outlook Calendar
PUYI INC. ADS (PUYI) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Tuesday, Sep 28, 2021
IHS Markit Ltd (INFO) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Synnex (SNX) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Wednesday, Sep 29, 2021
Novagold Resources Inc (NG) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Thursday, Sep 30, 2021
McCormick & Co. (MKC) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Jefferies Financial (JEF) – After Market.   Add to Google Calendar   Add to Outlook Calendar

The following is a list of stocks for the week of Sep 20, 2021 – Sep 24, 2021 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
SAM Boston Beer Sep 20, 2021 Piercing Line 22.08
YUMC Yum China Holdings Sep 21, 2021 Ladder Bottom 24.24
IEP Icahn Enterprises Sep 21, 2021 Homing Pigeon 27.79
X United States Steel Corporation Sep 22, 2021 Homing Pigeon 29.76
UNM Unum Group Sep 22, 2021 Homing Pigeon 29.07
WU Western Union Co Sep 22, 2021 Harami 29.94
WU Western Union Co Sep 22, 2021 Harami Cross 29.94
CC Chemours Co Sep 22, 2021 Homing Pigeon 26.47
VOYA Voya Financial Inc Sep 22, 2021 Homing Pigeon 26.5
NSC Norfolk Southern Corp. Sep 22, 2021 Homing Pigeon 29.13
OLLI Ollie’s Bargain Outlet Holdings Sep 22, 2021 Homing Pigeon 22.37
DCI Donaldson Sep 22, 2021 Homing Pigeon 25.8
SNX Synnex Sep 22, 2021 Homing Pigeon 28.68
SID National Steel Sep 23, 2021 Piercing Line 29.94

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI

 

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