This is a portfolio I created using a Price^2/(Earnings*Sales)
After applying some basic filers (2B+ MKT CAP, AVG Volume>1M, & USA companies), I then calculated the P^2/(E*S) by Multiplying the P/E * P/S. I went long, the lowest 10 values, and Short the highest 10 values.
The idea here is that the market will experience a lot of rotation in the coming year from...
Hey people, BJS WHSL CLUB HLDGS is in a fake bearish configuration with a large buying volume and a falling leg water carrier candle. On the TIMEFRAME M1 we can see a marubozu with a large volume of traded purchase, it is in full break of the base of the bollinger. To go to the top of it for a possible test, then it will go towards the top of the stabilization...
Strong channel breakout + above 50 day moving average is a great sign. Congrats to the Bulls who timed it perfectly. If the 50 SMA holds, this could run higher.
The RSI is just above 60 and earnings announced Feb 18th (per Earnings Whispers). My profit targets are marked on the chart (dashed lines)
BJ is Costco’s direct competitor and it’s highly undervalued. Just visiting any Costco confirms the success of the model from an outsiders POV. From a fundamental position, it’s debt to equity has been shrinking over the past several years and cash flow rising. Technically, it’s had a long run down looking at a daily candlestick chart and it’s hit a support line...
I think BJ$ is a huge grower in this category where Costco has all 50 states and has not much growth in store i feel BJ$ is a great Long term hold Big BOX is the one thing Amazon Cant compete with Family Luv them and they are transiting nicely to online sales same day delivery also . I like the Technicals of this consolidation is nice above the MA and BB Bands...
