Weekly Picks of Stocks (1/10/2022)

News this week…

U.S. Bureau of Labor Statistics will release December 2021 consumer pricing index this week on Wednesday.

It is expected to be up 7.1% since the same time in 2020. The last time a jump like this was in 1982.

Why is this jump important?

It may force the Federal Reserve to adjust rates earlier than late 2022 as originally announced.

This just in time for the Q4 earnings season start with some big financial institutions report this week including Citigroup Inc. (C), Wells Fargo (WFC) and JPMorgan Chase (JPM). All are expected to beat the analysts estimates.

How was the Santa Claus Rally?

S&P 500 & Dow Jones went up during the 7 day span.  Nasdaq dropped very little.  Based on the past, expect a good year in the stock market.

Close on 12/23/2021 Close on 1/4/2022 Points Percentage
S&P 500 4725.79 4793.54 67.75 1.43%
Dow Jones 35,950.56 36,799.65 849.09 2.36%
Nasdaq 15,653.37 15,622.72 -30.65 -0.20%

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

Monday, Jan 10, 2022
Limoneira Co (LMNR) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Tuesday, Jan 11, 2022
Synnex (SNX) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Wednesday, Jan 12, 2022
Jefferies Financial (JEF) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Concrete Pumping Holdings Inc (BBCP) – After Market.   Add to Google Calendar   Add to Outlook Calendar
KB Home (KBH) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Thursday, Jan 13, 2022
Delta Air Lines (DAL) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Taiwan Semiconductor (TSM) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Friday, Jan 14, 2022
BlackRock (BLK) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Citigroup Inc. (C) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Freicoin (FRC) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
JPMorgan Chase (JPM) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Wells Fargo (WFC) – Before Market.   Add to Google Calendar   Add to Outlook Calendar

The following is a list of stocks for the week of Jan 03, 2022 – Jan 07, 2022 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
GRTS Gritstone Oncology Inc. Jan 06, 2022 Harami 27.56
HUBS HubSpot Inc Jan 06, 2022 Piercing Line 26.34
GNRC Generac Holdings Inc. Jan 06, 2022 Harami 27.94

The bearish matches – Overbought RSI

Ticker Company Name Date Chart Type RSI
CCI Crown Castle International Corp. Jan 03, 2022 Hanging Man 70.19
CPSS Consumer Portfolio Services Jan 03, 2022 Hanging Man 74.1
CAT Caterpillar Jan 05, 2022 Shooting Star 70.79

 

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