Recent IPO + hot sector! Quiet period ending Jun 30thIndependent payment processing and financial technology company
Lead:Citigroup, Credit Suisse, Goldman Sachs
Co manager: BofA Securities, Morgan Stanley, RBC Capital Markets, Evercore ISI, Raymond James, Suntrust Robinson Humphrey, Wolfe Capital, TD Securities, Telsey Advisory Group
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Bullish Charts - In-Home COVID-19 TestCo-Diagnostics, Inc., a molecular diagnostics company, intends to manufacture and sell reagents used for diagnostic tests that function via the detection and/or analysis of nucleic acid molecules. It also intends to sell diagnostic equipment from other manufacturers as self-contained lab systems. The company was founded in 2013 and is headquartered in Salt Lake City, Utah.
Daily Chart
MACD, RSI & STOCHASTIC are turning up, Bullish
Volume is also picking up steam.
On 06/09/2020, CODX announced the company will be added to the Russell 2000 and 3000 Indexes
On 05/28/2020, Analysts set price targets at $30 and $36
On 05/26/2020, CODX said its Logix Smart Covid-19 test kit was used to demonstrate that the SARS-CoV-2 virus can be detected in cancer tissue of coronavirus patients.
On 05/18/2020, Price Target Raised to $35.00
The stock looks like it's on the verge of breaking out much higher.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - COVID-19 Play, N95 Masks, Robust EarningsAlpha Pro Tech, Ltd., together with its subsidiaries, engages in developing, manufacturing, and marketing a line of disposable protective apparel and infection control, and building supply products in the United States and internationally. The company operates through two segments, Building Supply and Disposable Protective Apparel. The Building Supply segment offers construction weatherization products, such as house wrap, synthetic roof underlayment, and other woven materials. The Disposable Protective Apparel segment provides shoecovers, bouffant caps, gowns, coveralls, lab coats, hoods, and frocks, as well as face masks and face shields. The company provides its products under the Alpha Pro Tech brand name, as well as under private labels. Its products are used primarily in cleanrooms; industrial safety manufacturing environments; health care facilities, such as hospitals, laboratories, and dental offices; pharmaceutical markets; and building and re-roofing sites. The company distributes its products through a network of purchasing groups, distributors, and independent sales representatives, as well as through its sales and marketing force. Alpha Pro Tech, Ltd. was founded in 1983 and is headquartered in Markham, Canada.
Today looks like a solid break-out in a down market.
Alpha Pro is part of a $15 Billion dollar industry.
With N95 masks in high demand, I think there's only one way this stock can go, UP...
On 5/6/2020, the company reported earnings of $0.39 up from $0.09. Revenue spiked with 47.5% sales growth.
On 5/6/2020, The company announced it was debt free. Not many companies can say they're debt free.
52-Week high is around $41.00
Last earnings report was a blockbuster! The company blew past Wall Street estimates and I think they'll continue blowing past estimates into the future.
Indicators are Bullish.
Daily Chart looks great.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Gold at 8 Year High, 2nd Largest Mining Co.Barrick Gold Corporation engages in the exploration, mine development, production, and sale of gold and copper properties. It has ownership interests in producing gold mines that are located in Argentina, Canada, Côte d'Ivoire, the Democratic Republic of Congo, Dominican Republic, Mali, Papua New Guinea, Tanzania, and the United States. The company also has ownership interests in producing copper mines located in Chile, Saudi Arabia, and Zambia; and various other projects located throughout the Americas and Africa. Barrick Gold Corporation was founded in 1983 and is headquartered in Toronto, Canada.
Daily Chart Indicators:
Volume: Bullish
PMO: Bullish
MACD: Bullish
OBV: Bullish
Stochastic: Bullish
Sector: Bullish
Barrick is getting ready to spike up above the cloud.
I think if it breaks above $26 to $26.50, it's going to run.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
COVID-19 Play - Closed Over $5.00 - July is Here!On May 15, 2020, Sorrento had this to say about the COVID-19 vaccine they are working on...
“We’re actually so impressed with the data,” Ji said. “One of the antibodies is so powerful that at a very low concentration it is able to 100% completely prevent infection or inhibit the infection. In our studies, not even one virus escaped from the antibody.”
"Phase 1 trial could start within 1st few days of July" - (It mentions this date in the article)
"We anticipate having enough material to start Phase 1 trial in patients in the ICU within two (2) months." - (The article I listed was published in May.)
Ji was talking about the COVID-19 vaccine they have been working on with Mount Sinai Health System & the University of Texas Medical Branch which has access to the live virus.
Anyone thinking this is not the real deal, you might want to think again. Moderna's stock is sitting at $63.04 (After Hours) - What does Moderna have that Sorrento doesn't have?
In the article listed herein, Sorrento said "within 2 months..."
We are within those two (2) months now. (End of June or July)
Link to article: www.biospace.com
Today, SRNE broke out above $5.00
On the daily chart, as of today, the Volume spiked, and the MACD, RSI, Stochastic & Accumulation are all Bullish or trending up Bullish.
Is news forthcoming?
After watching what the stock price of Moderna did and looking at Sorrento trading at $5.12, to me, the reward far outweighs any risk.
Also, I believe Sorrento is waiting for an Emergency Use Label on their COVID-19 test that can give you a positive or negative within 8 minutes. Does Moderna have a test? I don't think so.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Up..Up..& Away! Priority Review for Cancer DrugAt 8:30 AM NEWS
This morning Myovant Sciences announced priority review for Relugolix for Advanced Prostate Cancer.
The stock should have been up a lot more than what it was on the news but due to the non-circulation of the release, the stock did not move much.
Today at 4:05 PM, after the market closed, the stock started moving higher on more positive news.
At 4:05 PM NEWS
Myovant Sciences to Host Webcast and Conference Call at 8:30 AM EST on June 23, (Tomorrow Morning), to discuss results for Phase 3 SPIRIT 1 Study Evaluating Once-Daily Reglugolix Combination Therapy in Women with Endometriosis.
This company has a lot of positive things moving forward including...
On 6/11/2020, the stock got a boost with a price target of $45.00 a share.
Daily Chart looks good with indicators turning up, Bullish
Weekly Chart also looks Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
FCC Approved Contactless Temperature Scanner - Options ActivityJune 8, 2020
Remark Holdings (MARK) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy).
This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.
Remark offers products that will help in the crisis and the company owns a stake in Sharecare, the medical startup co-founded by celebrity doctor Mehmet Oz and backed by Oprah Winfrey and Sony (NYSE:SNE).
Remark’s innovative products include thermal imaging and scanning solutions that are already in use in Nevada. This artificial intelligence-driven tech can “scan high traffic areas to detect individuals with higher than acceptable skin temperature,” the Wall Street Journal reports.
LAS VEGAS, May 27, 2020 /PRNewswire/ -- Remark Holdings, Inc. (NASDAQ: MARK), a diversified global technology company with leading artificial intelligence ("AI") solutions and digital media properties, today announced the launch of a new website, RemarkThermal.com.
"Interest in our thermal imaging and scanning solutions is robust across many industries and we believe that enthusiasm warrants a dedicated site for information about our novel solutions," stated Kai-Shing Tao, Chairman and Chief Executive Officer of Remark Holdings, Inc. "What differentiates Remark's thermal cameras are its capabilities beyond thermal temperature scanning. Our proprietary AI software enables monitoring various tasks including people counting, PPE enforcement such as mask wearing, social distancing compliance, contactless access to doors and gates, attendance management, touchless employee check in, object counts, behavior detection, intelligent surveillance and theft control."
Remark's Thermal Imaging is used to scan high traffic areas to detect individuals with higher than acceptable skin temperature and track the subject for secondary screening. Each of the Thermal Imaging products is customizable and can operate as a standalone or integrated into centralized control systems, specific to the needs of the customer.
Real-time video and audible alerts from individual systems can be sent to a centralized system or monitored live. Systems can be mounted on walls, tripods, or ceilings to scan wider areas. For additional information, please refer to: www.RemarkThermal.com.
Options are active.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
CNHI Owns 7.11% of NKLA - Weekly Chart Bullish, UndervaluedFolks, this news is listed under Worthington Industries (WOR) trading at $35.24 with a small market cap of only $1.96 Billion
"KeyBanc Believes Recent Nikola Motors IPO Creates Added Source Of Potential Liquidity Value For Worthington Industries, Says 'While WOR has limited materials content/ties to Nikola itself, the Company owns 19M shares of the stock..."
Worthington Industries only has $103.43 million on hand (Source: Yahoo Finance) - Current Ration: 2.15
CNHI Industries has $3.51 Billion on hand (Source: Yahoo Finance) - Current Ration: 3.61 (Very Strong Financially)
If KeyBanc thinks Worthington Industries is a good investment because of the 19 million shares of Nikola they own, imagine what CNHI is worth owning over 25 million shares of Nikola and a market cap of over $10 Billion?
I am re-posting this because I truly believe investors are missing the boat by not buying CNHI at its undervalued price of $7.00.
On 3/26/2020, Worthington Industries reported earnings...Horrible numbers they were... Q3 EPS $0.27 DOWN FROM $0.46 YoY, Sales $746 M, MISSED $775.5 M Estimate.
On 5/6/2020, CNH Industries reported earnings...Q1 Adj. EPS $0.060 Misses $0.070 Estimate, Sales $5.500 BILLION BEAT 5.340 BILLION Estimate.
We are talking about a company, CNH Industries, with billions of dollars in sales, and owning over 25 million shares of Nikola and sitting at $7.00 today.
The logic is so disconnected, it's amazing.
Today, with the market down, investors were slowly accumulating the stock of CNHI. I truly think the stock will spike soon given the partnership CNH has with Nikola and the 25+ million share ownership they have.
In the KeyBanc notes, they tell investors Worthington Industries has "NO TIES" to Nikola, they just own 19 million shares.
CNHI is a partner with Nikola in the electric truck development and in the charging stations rollout. CNH Industries has strong ties / connections to Nikola and will be the company to benefit, not Worthington.
You cannot compare a company with $775 million in sales trading at $35.24 with a company that has $5.500 Billion in sales trading at $7.00
The weekly chart on CNHI looks Bullish
It's just a matter of time, I think CNHI is going to double if not triple.
Long!
Cancer Treatment - Ready to SpikeIt looks like this stock is ready to spike.
On 6/10/2020, NK said its NK cells appear to be resistant even to acute hypoxia and are capable of maintaining tumor killing activity in conditions comparable with a suppressive tumor microenvironment.
Long
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Golden CrossBoston Scientific Corporation develops, manufactures, and markets medical devices for use in various interventional medical specialties worldwide. It operates through three segments: MedSurg, Rhythm and Neuro, and Cardiovascular. The company offers devices to diagnose and treat gastrointestinal and pulmonary conditions; devices to treat various urological and pelvic conditions; implantable cardioverter and implantable cardiac resynchronization therapy defibrillators; pacemakers and implantable cardiac resynchronization therapy pacemakers; and remote patient management systems. It also provides medical technologies to diagnose and treat rate and rhythm disorders of the heart comprising 3-D cardiac mapping and navigation solutions, ablation catheters, diagnostic catheters, mapping catheters, intracardiac ultrasound catheters, delivery sheaths, and other accessories; spinal cord stimulator systems for the management of chronic pain; indirect decompression systems; and deep brain stimulation systems. In addition, the company offers interventional cardiology products, including drug-eluting coronary stent systems used in the treatment of coronary artery disease; percutaneous coronary interventions products to treat atherosclerosis; intravascular catheter-directed ultrasound imaging catheters, fractional flow reserve devices, and systems for use in coronary arteries and heart chambers, as well as various peripheral vessels; and structural heart therapies. Further, it provides stents, balloon catheters, wires, atherectomy systems to treat arterial diseases; thrombectomy and acoustic pulse thrombolysis systems, wires, and stents to treat venous diseases; and peripheral embolization devices, radioactive microspheres, ablation systems, and micro and drainage catheters to treat cancer. The company was founded in 1979 and is headquartered in Marlborough, Massachusetts.
Daily Chart - Golden Cross
Stochastic is moving up, Bullish
RSI is crossing center line, Bullish
Volume just went green on the daily
I think the stock is getting ready to move higher.
I also think, BSX is one of the cheapest medical device companies in the industry.
Long
Bullish Charts - Oversold & Undervalued Pfizer Inc. develops, manufactures, and sells healthcare products worldwide. It offers medicines and vaccines in various therapeutic areas, including internal medicine, such as cardiovascular metabolic and pain under the Eliquis, Chantix/Champix, and Premarin family brands; oncology, such as biologics, small molecules, immunotherapies, and biosimilars under the Ibrance, Sutent, Xtandi, Xalkori, Inlyta, Braftovi + Mektovi brands; and sterile injectable and anti-infective medicines under the Sulperazon, Medrol, Vfend, and Zithromax brands. The company also provides medicines and vaccines in various therapeutic areas, such as pneumococcal disease, meningococcal disease, and tick-borne encephalitis under the Prevnar 13/Prevenar 13 (pediatric/adult), FSME-IMMUN, Nimenrix, and Trumenba brands; biosimilars for chronic immune and inflammatory diseases under the Xeljanz, Enbrel, Inflectra, and Eucrisa brands; and amyloidosis, hemophilia, and endocrine diseases under the Vyndaqel/Vyndamax, BeneFIX, Genotropin, and Refacto AF/Xyntha brands. In addition, the company is involved in the contract manufacturing business. It serves wholesalers, retailers, hospitals, clinics, government agencies, pharmacies, and individual provider offices, as well as disease control and prevention centers. The company has collaboration and/or co-promotion agreements with Bristol-Myers Squibb Company and Astellas Pharma US, Inc.; licensing agreement with Akcea Therapeutics, Inc; strategic alliance with Verily Life Sciences LLC; collaboration agreement with Merck KGaA; clinical trial collaboration and supply agreement with IDEAYA Biosciences, Inc.; material transfer and collaboration agreement with BioNTech SE to co-develop COVID-19 vaccine; clinical supply collaboration Jiangsu Alphamab Biopharmaceuticals Co., Ltd; and collaboration with Valneva SE to develop and commercialize Valneva's Lyme disease vaccine candidate VLA15. Pfizer Inc. was founded in 1849 and is headquartered in New York, New York.
Pfizer is one of the most unappreciated stocks in its industry and the low price shows.
Recently, institutions have taken notice and started upgrading the stock with price targets north of $40.00 a share.
Pfizer is also working on a COVID-19 vaccine and could be months ahead of other companies.
On the daily chart, the stock is sitting is sitting and bouncing off support around $33.00.
It's ready for a move up any day.
Long!
Bullish Charts - Acacia Buys Stake in 19 CompaniesAcacia Research Corporation, together with its subsidiaries, invests in intellectual property and related absolute return assets; and engages in the licensing and enforcement of patented technologies. It assists patent owners with the prosecution and development of their patent portfolios; protection of their patented inventions from unauthorized use; generation of licensing revenue from users of their patented technologies; and enforcement against unauthorized users of their patented technologies through the filing of patent infringement litigation. The company owns or controls the rights to various patent portfolios, which include U.S. patents and foreign counterparts covering technologies used in a range of industries. It has executed approximately 1,570 license agreements, and approximately 200 patent portfolio licensing and enforcement programs. Acacia Research Corporation was founded in 1993 and is headquartered in Irvine, California.
On 6/5/2020, Acacia agreed to acquire a portfolio of Life Science Assets for $283 Million
The transaction allows Acacia to purchase shares in up to 19 public and private life sciences companies.
Lets see where this one goes now.
Looks undervalued at current levels.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Arnold Schwarzeneggar Takes Huge StakeGenius Brands International, Inc., a content and brand management company, creates and licenses multimedia content for toddlers to tweens worldwide. The company offers Rainbow Rangers, an animated series about the adventures of seven magical girls; Llama Llama, an animated series; SpacePop is a music and fashion driven animated property; Thomas Edison's Secret Lab, a STEM-based comedy adventure series; and Warren Buffet's Secret Millionaire's Club, an animated series for kids. It also develops animated series, such as Superhero Kindergarten and Baby Genius. In addition, the company acts as a licensing agent for Llama Llama. It serves various customers and partners, including broadcasters, consumer products licensees, manufacturers, wholesalers, and retailers. The company was formerly known as Pacific Entertainment Corporation and changed its name to Genius Brands International, Inc. in October 2011. Genius Brands International, Inc. was founded in 2006 and is based in Beverly Hills, California.
Arnold Schwarzeneggar has entered into an agreement to become a significant investor in Genius.
Daily Chart / Indicators turning up, Bullish.
Looks like it's going to blow through the roof.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Golden CrossNIO is a Chinese automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric autonomous vehicles.
The company is also involved in the FIA Formula E Championship, the first single-seater, all-electric racing series.
NIO recently raised almost $1 Billion of much needed capital.
Ahead of the $1 Billion, NIO raised an additional $335 Million through private placements.
NIO's deliveries are advancing nicely.
I do not want to be out of this stock on the next spike up.
The daily chart looks bullish with a clear sign of the Golden Cross, Bullish.
The last time we spotted the Golden Cross on the NIO Daily Chart was around January 8, 2020. The stock was trading in the $2.50 range and spiked up.
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
AT&T Selling Gaming Unit for $4 Billion - LongNews hit right before the close.
AT&T in talks to sell WB games business in possible $4 billion deal.
Looks like a bidding war could erupt.
From the news release, Take-Two-Interactive, Electronic Arts and Activision are all interested in buying the gaming business.
This will give AT&T much needed capital.
I see the stock moving higher on this deal.
Going long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Uranium PlayCameco Corporation (CCJ) is the world's largest publicly traded uranium company, based in Saskatoon, Saskatchewan.
In 2015, it was the world's second largest uranium producer, accounting for 18% of world production.
Uranium is at a 5 year record high for April 2020 & May 2020.
Daily & Weekly charts look good.
Daily Chart
PMO is turning up, Bullish
MACD is turning up, Bullish
RSi has turned up, Bullish
Stochastic has turned up, Bullish
Weekly chart looks good too.
The price just closed above the KUMO, Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
CNHI Owns 7.1% of NIKOLA - Bullish Charts, BUYCNH Industrial ( CNHI ) owns over 7% of NKLA
7.11% = 25,661,449 Shares = Over $2 Billion dollars and growing
I am taking a good guess after researching CNHI, they might be supplying NKLA with powertrain, transmission systems, axles and other parts for the electric / fuel cell vehicles.
The Daily & Weekly charts for CNHI are BULLISH
CNHI is the stock to own along with NKLA especially if you cannot afford to buy NKLA at current levels.
Also, CNHI is the safer bet because the company is profitable "ASIDE FROM" the 7.11% ownership in NKLA
CNHI has a low P/E and a strong balance sheet too.
As NKLA continues to move higher, CNHI's stock price should follow.
At $8.65 cents, what do you have to lose? The positives outweigh any negatives if you buy CNHI
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Oversold & Undervalued - Robust Earnings ReportI've been watching Walmart since they issued a robust earnings report weeks ago.
The stock "DID NOT" rally on the report like several other stocks did. In fact, Walmart has not taken part in the recent rally.
If you look at the accumulation chart, Walmart has been under accumulation by institutions for a while.
I feel, at current levels, the stock is oversold and ready for a big pop to the upside.
Walmart's in-store and online sales were robust while Amazon lost sales. What does this tell you? Walmart is learning and gaining customers as Amazon and others lose sales to Walmart.
Walmart sat back and let others fail and learned by the failures of competitors. Walmart will be another Amazon moving forward but I think it will be bigger than Amazon!
What does Walmart have that Amazon doesn't? A very powerful retail brick & mortar presence while Amazon is still trying to build one.
Either way, short term or long term, Walmart is a clear winner!
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Bullish Charts - Cyber Security PlayDaily & Weekly charts look good. Daily chart looks great.
Volume turned Bullish
PMO turned Bullish
MACD is turning Bullish
Stochastic is Bullish
Security Sector is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Leasing 12, 767's to Amazon: Bullish ChartsAir Transport just sealed a deal to lease 12, 767's to Amazon
Daily and Weekly Charts are Bullish
This stock looks like it's going a lot higher.
Daily & Weekly charts look great!
Volume is Bullish
PMO is Bullish
MACD is Bullish
Stochastic is Bullish
Accumulation is Bullish
Sector is Bullish
Long!
DISCLAIMER
The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
TRNX: WATCH THE GAP FILL!!!70% long profit roughly!
Earnings after HRS.
We might fill this gap in after hrs if earning are positive sooooo maybe look for gap fill reversal tomorrow if you miss it.
If earnings seems positive but we don't get into the gap this will be a top watch for tomorrow!
Like this idea if you appreciate the heads up and Join our discord if you want more.
discord.gg
Its free; we just ask that you participate.
PERI - Hot Stock - Can It Break Up Higher?Huge momentum over the last few days with good technicals respected making it easier to see a clear direction. We expect this to form an Elliot Wave Cycle, currently in wave 3. Could retrace into 4 then a 5.
About:
Perion Network Ltd is an Israel-based global technology company. It delivers online advertising solutions and search monetization to brands and publishers. It provides data-driven execution, from high-impact ad formats to branded search and a unified social and mobile programmatic platform. Its business solutions include Undertone, Codefuel, MakeMeReach and Smilebox. Undertone’s synchronized digital branding solution delivers creative experiences through cohesive stories to the portfolio of Websites, mobile applications, touchpoints, screens, and platforms. CodeFuel is search solution platform, which allows publishers to create new revenue streams and search experience by bringing monetization to content and application developers. MakeMeReach platform helps advertisers and agencies create, manage and optimize their marketing campaigns on multiple social channels. Smilebox enables people to tell the stories of their lives with customizable eCards, slideshows and invitations.
SHORT INTEREST
58.42K 06/28/19
P/E Ratio (with extraordinary items)
11.25
Analyst Recommendation: BUY
Analyst Price Target: $5.50