What stocks are on your radar for next week?

That gap between 367-380 will be filled sooner or later..

 

CENT looks to be at the bottom of its range, average move is 5% a day.

 

NVDA.

 

HD and LOW price has been creeping up ahead of earnings reports coming (not this week, but the following week) on Feb. 26 & 27, respectively.

 

Looking to add 1/3 more to my current TSLA positions and at the same time sell out of money covered calls. My current break even price is $304, but I previously sold $8 covered calls that expired worthlessly cushioned today's blow. I'm looking to do the same with my other holdings in NFLX, AMD and NVDA. I usually sell my out of money covered calls with strike price that's about +10% from current price and about a month out.

 

In SPX, the weekly candle (not shown explicitly in this daily chart) was a doji last week. In this daily chart can see this is like the third island top


There is a divergence in that the Dow Transports have not successfully retaken the 200 ma:


It feels like it is up to the financials this week, to carry the whole market.
They're knocking on the 200 ma, with 10-yr rates looking like they're rising above 2.70%


Also interested in what the semiconductors do here, looking for this to break out:


If the SMH index fails, I'll be watching SWKS and TXN to the down side.


Weekly chart of TXN:

 

The ES was flat last week but it showed no bearishness. It gapped above 2814 tonight (Sunday), the December high. If it holds it'll have a real shot at testing the Sept (all-time) high at 2947. If not, it'll need to hold 2782.50 to keep the bear at bay.

 

Great broader market analysis you guys! Just a few charts and statements, but provides excellent context for the week going forward.

 

1. I'm looking to add to SBUX and AGX.
2. Also, considering an exit from BABA and NVTA in the near future.
3. AAPL appears to have formed a near-term top which may affect the indexes.

Charts are in the Wyckoff thread:

https://stockaholics.net/threads/a-wyckoff-student-notebook.804/page-25#post-96761

 

Added to LRCX Friday, outside reversal bar at a trifecta support level... And looks like the 50 dma is about to cross the 200, if youre into that kinda thing

 

EL "jumped the creek" (and didn't fall back in this time) after an ER beat last month, then climbed out of its trading range and just broke that $158.80 resistance level to print a new ATH

 

Dow Transports were actually down on that breakout Friday.

IYT is just an ETF that tracks the Transports but is not exactly it


Retailers were also down, in spite of the blowout ER from ULTA.

AMZN themselves are still below the 200 ma.

 

BCO looks to be a cyclical company, when you look at the monthly relative strength

Spoiler

SPY only goes back to 1994 in TradingView, I wanted to find something going back farther and, well, all I've got right now is IBM as a proxy for the general market--it's not the best proxy but it's what I've got and does nothing to dispel the idea of BCO's cyclical relative strength

Not sure why this thing outperformed the market bigly starting in Nov 2014. Monthly chart:


But in the last 3 years, BCO has only netted a total of $0.35 EPS. 3 of the last 5 years, EPS has been negative for the year. These guy's business is armored cars and ATMs...personally I don't even carry cash anymore though.


Daily chart:

 

What stocks are catching your eye this weekend?