ADI very close to breaking out here. On my firms 2022 top picks list. Very nice.
Disney has seen massive weakness and massive overnight drops. $170 is still my target if earnings are not bad. Hopefully they follow the cowards in government to loosen unnecessary restrictions just in time for mid term elections...errrr I mean for the summer!!! That could cause a nice jump.
Macys has a nice inverse head and shoulders pattern in this consolidation. Would love to see this pop. Saw some $28.5c for 2/25 expiry being loaded so I followed. Let's see how it plays out! GLL! This is not a recommendation to buy or sell.
Citigroup has had some management and policy errors (IMO) over the last several years but this consolidation has been going on for a long time. This is always nice to see and you can have a stop around $60-65 depending on risk. I think if it drops back to 65 it will continue lower so not a bad stop. GLL This is not intended as a recommendation to buy or sell. It...
ALK is one of the financially strongest airlines during the pandemic. I like seeing it break out here. Stop around $54 for me.
This is on its way to backfill the gap down to $70. At that level, I bet even Mark will learn what the company does....maybe
If ABNB misses ER in 11 days, I would be worried it drops below 52 week low. If so, there is not bottom for it. Be careful friends :)
ALL just reported higher revenue but missed earnings. It is on our buy list. I like the stop around 115 in case this fails as a bull flag. Good luck! This is not intended as a recommendation to buy or sell. It is for informational purposes only.
We need this. Don't be upset seeing this. Its common sense at his point. People need to be destroyed who should not be investing as recklessly as they have. We dont need a massive drop but I would love to see up fil the gap at 400 before running into EOY. Look at your positions and raise cash. If I am wrong, plenty of opportunities will still be available. If I am...
United Health care is another monster and beast of a company. Slowly but quietly always dominating. Every dip is an opportunity to add to long term steady growth company. Others in this sectors report were PFE HZNP EW ABT and CVS. I like all the others and even better set ups. UNH is just hard to pass any time it dips. Watch out for backfill of the upper gap and...
Honestly it could have been either BLK or JPM. They both run the country's financial system and are the backbone of it. As well as most other major countries in the world. You may not like the financial sector, but these two names will never go under without the entire country going down.
AMZN almost as easily as GOOGL. The destruction in small business will continue for a while and Amazon is a big benefactor in that. I expect their earnings to be great due to AWS expanding as well as every other aspect of their business. Other companies in this sector's top picks were YETI, ULTA, BBY, HD representing 12.5% of portfolio.
GOOGLE of course. It has doubled its revenue in 2 years. You tube makes more money than NFLX. Beast beyond comprehension at this point. Unstoppable force. I almost want to move every client 25% into google. I will not but holy hell why not?! Other than the legal ramifications of course....
Industrials are not looking the best. I would probably choose FDX, LMT, or a couple others over the best here but that is why there are analysts and people like me. Hopefully collaboration and growth are more important that who is right. The other names that represent 7.7% of the 2022 top picks portfolio in industrials are BAH, DE and UNP. I like DE for a larger...
DRE is another top pick with a simple and beautiful chart. Nice pull back and movement forward. Beware of the double top but this company is poised to move higher.
Wow. Weekly view here. This is a beautiful long term set up. Oil continues to run and you could see this in the $300+ range by end of year. Beautiful chart.
ECL is a top pick but these last few weeks have been UGLY. However, inflation pressures are expected to subside somewhat over next couple months and this could be a benefactor while everyone else is scared to buy it. Stop between 180 and 188 would reduce risk significantly. 3 gaps above which will be magnets to get filled. I would probably wait until earnings come...
Costco is the 2022 top pick representing 2.3% of the portfolio. Not a lot of faith in the staples sector for sure with it representing such a small part of the 2022 top pick portfolio. The only concern I have is if it hit that gap above and then started trend lower. Another concern would be a double top but there would be nice profits secured if that happened...