Weekly Picks of Stocks (6/21/2022)

News this week…

There is a high level of mistrust by the market to what the US Federal is saying.  Federal Reserve Chairman Powell, claims that they are not trying to “induce a recession now”.

About 60% of the C-Levels and executives surveyed by the The Conference Board believe that their region will be in recession by the end of 2023.  Seems a long way out but the behavior of the markets now seems to be agreeing with them.

Best to remain disciplined on a long term strategy at this time.

Slow earnings reporting time.  Some major companies reporting this week include Lennar Corp. (LEN), KB Home (KBH), Accenture (ACN), FedEx Corporation (FDX) & Rite Aid Corporation (RAD).

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

Tuesday, Jun 21, 2022
Lennar Corp. (LEN) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
La-Z-Boy Incorporated (LZB) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Wednesday, Jun 22, 2022
KB Home (KBH) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Korn/Ferry (KFY) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Winnebago Industries (WGO) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Thursday, Jun 23, 2022
Accenture (ACN) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
AeroVironment (AVAV) – After Market.   Add to Google Calendar   Add to Outlook Calendar
CalAmp Corp (CAMP) – After Market.   Add to Google Calendar   Add to Outlook Calendar
FedEx Corporation (FDX) – After Market.   Add to Google Calendar   Add to Outlook Calendar
Rite Aid Corporation (RAD) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Friday, Jun 24, 2022
Carnival Corp. (CCL) – Before Market.   Add to Google Calendar   Add to Outlook Calendar
Carmax Inc (KMX) – Before Market.   Add to Google Calendar   Add to Outlook Calendar

The following is a list of stocks for the week of Jun 13, 2022 – Jun 17, 2022 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker Company Name Date Chart Type RSI
INTC Intel Jun 14, 2022 Homing Pigeon 29.49
PLD Prologis Jun 14, 2022 Ladder Bottom 28.82
D Dominion Resources Jun 15, 2022 Homing Pigeon 22.2
WELL Welltower Jun 15, 2022 Ladder Bottom 28.21
CCI Crown Castle International Corp. Jun 15, 2022 Homing Pigeon 29.68
BCE BCE Inc. Jun 15, 2022 Harami 29.8
ETR Entergy Corp. Jun 15, 2022 Homing Pigeon 25.85
SYK Stryker Corp. Jun 15, 2022 Homing Pigeon 26.47
DTE DTE Energy Co. Jun 15, 2022 Homing Pigeon 25.39
AWK American Water Works Jun 15, 2022 Harami 29.03
SO Southern Co. Jun 16, 2022 Unique Three River 21.1

The bearish matches – Overbought RSI

 

Ticker Company Name Date Chart Type RSI
None