Weekly Picks of Stocks (10/04/2021)

September job reports will be released this Friday.  Weekly option traders, be mindful of this information.

Consensus for September, 2021 is 475,000 job gains. If the Consensus estimates are met then look for the US Federal Reserve to possibly move up the dates for the monetary policy easing.

August, 2021 700,000 job gains were expected but only 235,000 were actually gained. The miss was attributed to Delta variant instead of any structural changes in the economy.

S&P 500 has dropped 4% since Sept 3rd when the last job report was released.

US Economy is still behind 5 Million jobs since the start of the pandemic in March 2020.

3Q earnings continue this week.

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

Monday, Oct 4, 2021
PepsiCo, Inc. (PEP) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Wednesday, Oct 6, 2021
Levi Strauss (LEVI) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Friday, Oct 8, 2021
Byrna Tech Inc Cm (BYRN) – Before Market.   Add to Google Calendar   Add to Outlook Calendar

The following is a list of stocks for the week of Sep 27, 2021 – Oct 01, 2021 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
A Agilent Technologies Sep 29, 2021 Homing Pigeon 29.71
BIIB Biogen, Inc Sep 29, 2021 Homing Pigeon 25.09
WIX Wix.Com Ltd Sep 30, 2021 Harami 29.13
OTEX Open Text Corp Sep 30, 2021 Inverted Hammer 26.6
AMT American Tower Corp A Oct 01, 2021 Homing Pigeon 27.36
ITW Illinois Tool Works Oct 01, 2021 Homing Pigeon 25.89
ASML ASML Holding Oct 01, 2021 Hammer 29.44
UHS Universal Health Services Oct 01, 2021 Homing Pigeon 27.91

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
DVN Devon Energy Corp. Sep 27, 2021 Deliberation 71.67
MOS The Mosaic Company Sep 27, 2021 Deliberation 71.0
EOG EOG Resources Sep 27, 2021 Deliberation 72.18
CF CF Industries Holdings Inc Sep 27, 2021 Deliberation 77.37
XLRN Acceleron Pharma Inc. Sep 27, 2021 Deliberation 90.92
SIVB SVB Financial Sep 27, 2021 Deliberation 74.43
CF CF Industries Holdings Inc Sep 29, 2021 Hanging Man 77.54
XLRN Acceleron Pharma Inc. Sep 30, 2021 Three Outside Down 74.29

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