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News this week…

Federal Reserve meets this week on Tuesday with any decision coming on Wednesday. No rate changes is expected until March. Markets; at their current levels, may have factored in the upcoming rate hikes and even that possibly coming earlier than March.

4Q earnings continue this week.

International Business Machines Corporation (IBM), Capital One Financial (COF), Johnson & Johnson (JNJ), Tesla, Inc. (TSLA) & Mastercard Inc. (MA) are some of the many big companies reporting earnings this week.

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

Monday, Jan 24, 2022

Halliburton Co. (HAL) – Before Market.

Hope Bancorp Inc (HOPE) – After Market.

International Business Machines Corporation (IBM) – After Market.

Steel Dynamics (STLD) – After Market.

Zions Bancorp (ZION) – After Market.

Tuesday, Jan 25, 2022

American Express (AXP) – Before Market.

Boston Properties (BXP) – After Market.

Canadian National Railway (CNI) – After Market.

Capital One Financial (COF) – After Market.

Ericsson Telephone (ERIC) – Before Market.

General Electric Company (GE) – Before Market.

Invesco Ltd. (IVZ) – Before Market.

Johnson & Johnson (JNJ) – Before Market.

Lockheed Martin Corp. (LMT) – Before Market.

3M (MMM) – Before Market.

Navient Corp (NAVI) – After Market.

NextEra Energy (NEE) – Before Market.

PACCAR Inc. (PCAR) – Before Market.

Raytheon Technologies Corporation (RTX) – Before Market.

Texas Instruments, Inc. (TXN) – After Market.

Verizon (VZ) – Before Market.

Xerox Corp. (XRX) – Before Market.

Wednesday, Jan 26, 2022

Abbott Labs (ABT) – Before Market.

Ameriprise Financial (AMP) – After Market.

Anthem Inc. (ANTM) – Before Market.

Boeing (BA) – Before Market.

Celestica Inc. (CLS) – After Market.

CVB Financial (CVBF) – After Market.

Duke (DRE) – After Market.

Edwards Lifesciences (EW) – After Market.

First Bancorp (FBP) – Before Market.

General Dynamics (GD) – Before Market.

Corning Inc. (GLW) – Before Market.

Hess Corporation (HES) – Before Market.

Intel (INTC) – After Market.

Investors Bancorp (ISBC) – After Market.

Knight Transportation (KNX) – Before Market.

Las Vegas Sands (LVS) – After Market.

NASDAQ OMX Group (NDAQ) – Before Market.

ServiceNow Inc (NOW) – After Market.

Norfolk Southern Corp. (NSC) – Before Market.

NewYork Community Bancorp (NYCB) – Before Market.

Progressive Corp. (PGR) – Before Market.

AT&T Inc (T) – Before Market.

Teradyne (TER) – After Market.

Tesla, Inc. (TSLA) – After Market.

Vertex Pharmaceuticals (VRTX) – After Market.

Thursday, Jan 27, 2022

Arthur J Gallagher (AJG) – After Market.

Alaska Air (ALK) – Before Market.

Blackstone Group (BX) – Before Market.

Canon ADR (CAJ) – Before Market.

Comcast Corporation (CMCSA) – Before Market.

CNX Resources Corporation (CNX) – Before Market.

Canadian Pacific Railway (CP) – After Market.

Dow Chemical (DOW) – Before Market.

Eastman Chemical (EMN) – After Market.

East West Bancorp (EWBC) – Before Market.

HCA Healthcare, Inc. (HCA) – Before Market.

International Paper (IP) – Before Market.

Jetblue Airways (JBLU) – Before Market.

Juniper Networks (JNPR) – After Market.

Southwest Airlines (LUV) – Before Market.

Mastercard Inc. (MA) – Before Market.

McDonalds (MCD) – Before Market.

McCormick & Co. (MKC) – Before Market.

Altria Group Inc (MO) – Before Market.

Murphy Oil (MUR) – Before Market.

National Instruments (NATI) – After Market.

Northrop Grumman Corp. (NOC) – Before Market.

Nucor Corp. (NUE) – Before Market.

Olin Corporation (OLN) – After Market.

Old Republic (ORI) – Before Market.

Rogers Communications (RCI) – Before Market.

Robert Half International (RHI) – After Market.

SAP ADR (SAP) – Before Market.

Sherwin Williams (SHW) – Before Market.

Stryker Corp. (SYK) – After Market.

T. Rowe Price Group (TROW) – Before Market.

Tractor Supply Company (TSCO) – Before Market.

Valero Energy (VLO) – Before Market.

Valley National Bancorp (VLY) – Before Market.

Western Alliance (WAL) – After Market.

United States Steel Corporation (X) – After Market.

Xcel Energy Inc (XEL) – Before Market.

Friday, Jan 28, 2022

Caterpillar (CAT) – Before Market.

Charter Communications, Inc. (CHTR) – Before Market.

Colgate-Palmolive (CL) – Before Market.

Chevron (CVX) – Before Market.

Gentex (GNTX) – Before Market.

Phillips 66 (PSX) – Before Market.

Synchrony Financial (SYF) – Before Market.

Weyerhaeuser Corp. (WY) – Before Market.

The following is a list of stocks for the week of Jan 18, 2022 – Jan 21, 2022 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker	Company Name	Date	Chart Type	RSI
ETSY	Etsy	18-Jan-22	Unique Three River	23.45
ALGN	Align Technology, Inc.	19-Jan-22	Harami	26.37
SYNH	Syneos Health Inc	19-Jan-22	Homing Pigeon	29.47
GS	Goldman Sachs	20-Jan-22	Homing Pigeon	29.11
ENPH	Enphase Energy	20-Jan-22	Homing Pigeon	19.93
TXG	10X GENOMICS CMN A	20-Jan-22	Harami	21.86
MLM	Martin Marietta Materials	20-Jan-22	Homing Pigeon	29.1
DSGX	Descartes Systems Group	20-Jan-22	Homing Pigeon	28.98
GME	GameStop Corp.	21-Jan-22	Piercing Line	29.41
KMX	Carmax Inc	21-Jan-22	Piercing Line	25.57
WHR	Whirlpool Corp.	21-Jan-22	Homing Pigeon	28.94
MASI	Masimo	21-Jan-22	Inverted Hammer	18.08
ERIE	Erie Indemnity Company	21-Jan-22	Inverted Hammer	27.28

The bearish matches – Overbought RSI

Ticker	Company Name	Date	Chart Type	RSI
EPD	Enterprises Products Partners	19-Jan-22	Hanging Man	74.96
PSX	Phillips 66	19-Jan-22	Two Crows	73.57

 

News this week…

Earnings season picks up this short week.  Big financial companies including Goldman Sachs (GS), Charles Schwab Corporation (SCHW), Bank of America Corp (BAC), & Morgan Stanley (MS) will report their 2021 4th quarter earnings this week.

Outside of that American Airlines Group (AAL), UnitedHealth (UNH), Citrix Systems, Inc. (CTXS) & Netflix (NFLX)  will also report this week.

This earnings season is expected to be good and it will hopefully help the markets end the correction.  All the major indices(Dow Jones, Nasdaq and S&P500) are down so far this year.

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

Tuesday, Jan 18, 2022

The Bank of New York Mellon Corp. (BK) – Before Market.

Century Bancorp (CNBKA) – After Market.

FB Financial (FBK) – Before Market.

Fulton Financial (FULT) – After Market.

Goldman Sachs (GS) – Before Market.

J.B. Hunt Transport Services, Inc. (JBHT) – After Market.

Mercantile Bank (MBWM) – Before Market.

PNC Financial Services (PNC) – Before Market.

Pinnacle Financial Partners (PNFP) – After Market.

Charles Schwab Corporation (SCHW) – Before Market.

United Community Banks (UCBI) – After Market.

Wednesday, Jan 19, 2022

Alcoa (AA) – After Market.

ASML Holding (ASML) – Before Market.

Bank of America Corp (BAC) – Before Market.

Citizens Financial Group Inc (CFG) – Before Market.

Comerica Inc. (CMA) – Before Market.

Discover Financial Services (DFS) – After Market.

FNB (FNB) – After Market.

First Internet Bancorp (INBK) – After Market.

Morgan Stanley (MS) – Before Market.

Preferred Bank (PFBC) – After Market.

State Street Corp. (STT) – Before Market.

Umpqua Holdings (UMPQ) – After Market.

Union Bankshares (UNB) – During Market.

UnitedHealth (UNH) – Before Market.

U.S. Bancorp (USB) – Before Market.

Thursday, Jan 20, 2022

American Airlines Group (AAL) – Before Market.

American National (AMNB) – Before Market.

Mercantil Bank Holding Cl A (AMTB) – Before Market.

BancFirst Corporation (BANF) – After Market.

Berkshire Hills Bancorp (BHLB) – Before Market.

CSX Corporation (CSX) – After Market.

Citrix Systems, Inc. (CTXS) – Before Market.

M&T Bank Corp. (MTB) – Before Market.

National Bank Holdings (NBHC) – After Market.

Netflix (NFLX) – After Market.

Peoples United Bank (PBCT) – After Market.

PPG Industries (PPG) – After Market.

Reliant Bancorp Inc (RBNC) – After Market.

SVB Financial (SIVB) – After Market.

Travelers Companies Inc (TRV) – Before Market.

UNITED BNCP INC (UBCP) – During Market.

Union Pacific (UNP) – Before Market.

Friday, Jan 21, 2022

Ally Financial Inc (ALLY) – Before Market.

Schlumberger Ltd. (SLB) – Before Market.

The following is a list of stocks for the week of Jan 10, 2022 – Jan 14, 2022 that show bullish and bearish trends.

The bullish matches – Oversold RSI

Ticker	Company Name	Date	Chart Type	RSI
ENPH	Enphase Energy	Jan 10, 2022	Piercing Line	22.44
NVCR	NovoCure Limited	Jan 10, 2022	Hammer	29.34
ALGN	Align Technology, Inc.	Jan 10, 2022	Piercing Line	29.83
BSY	BENTLEY SYSTEMS, INC	Jan 10, 2022	Piercing Line	29.09
PAYC	Paycom Software, Inc.	Jan 10, 2022	Engulfing	29.19
EXPO	Exponent, Inc.	Jan 10, 2022	Piercing Line	29.51
FSV	FirstService Corporation	Jan 10, 2022	Hammer	28.83

The bearish matches – Overbought RSI

Ticker	Company Name	Date	Chart Type	RSI
WBS	Webster Financial	Jan 10, 2022	Hanging Man	74.93
AIG	American International Group, Inc.	Jan 11, 2022	Hanging Man	71.12
HLI	Houlihan Lokey Inc	Jan 12, 2022	Deliberation	70.37
IX	Orix	Jan 12, 2022	Hanging Man	78.31

 

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.

Tuesday, Jan 11, 2022

Synnex (SNX) – Before Market.

Wednesday, Jan 12, 2022

Jefferies Financial (JEF) – Before Market.

Concrete Pumping Holdings Inc (BBCP) – After Market.

KB Home (KBH) – After Market.

Thursday, Jan 13, 2022

Delta Air Lines (DAL) – Before Market.

Taiwan Semiconductor (TSM) – Before Market.

Friday, Jan 14, 2022

BlackRock (BLK) – Before Market.

Citigroup Inc. (C) – Before Market.

Freicoin (FRC) – Before Market.

JPMorgan Chase (JPM) – Before Market.

Wells Fargo (WFC) – Before Market.

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