$RH is looking good heading into earnings. With news that a new concept is in the works, it shows the company will have more revenue streams, keeping customers engaged. RH is easily the trendiest furniture and accessories out there. From personal experience, I know its the best as well. Stay long this one. Its a multi-year story.
$JACK is holding a key level of support and seems to have bottomed out. Looking for a breakout on volume in the next 2 weeks. Quality stock in consolidation mode.
$LULU is holding its 6 month support and fired off with a nice 3% day. earnings are next week....keep an eye on it, could go either way.
$BIB has been consolidating with most of the biotechs as of last. Im looking for more short term consolidation, at least for another month or so, bit when it goes.....its going to run.
$FB is still holding up well after the breakout this week. Needs to continue and hold the $81.45 level. Look for a small gain into earnings and a POP after
SBUX is a beast. If you got in after earnings, keep riding this until its over.
Bought $FB at $82.25 . Stock has been increasing on the CMF, MACD and RSI. Broke the downward channel on volume and is a trendy company. This fit all the criteria for a buy. Hopefully tomorrow it has a healthy pull back to around $82, then I am looking for $100
After purchasing shares of $RH on the breakout, shares continue to steadily power higher, even through weakness on the market. The CMF is rising, showing institutional money is flowing in and RSI is tracking right along too. MACD has leveled, but that is to be expected when the stock doesn't boost higher. In the meantime, waiting for the market to resume the...
$JACK has money flowing out of it faster than you can say shake shack. Everyone is enamored with $SHAK and its products. While tastier than $JACK, their valuation is much too high. $JACK has the potential to pop once everyone realized $SHAK is just a facade. In the meantime, keep waiting for it to break the channel on volume.
US shipments have been in trouble, especially coal shipments. $UNP relies heavily on container and coal shipments for income. This stock is currently deep in sector rotation. Still important to pay attention to. Once the sector comes back in favor, you want best in breed...aka $UNP
$KORS is a prime example as to why you wait patiently and never jump the gun when the stock looks like its going to break out. Last November, it looked like the stock has bottomed, the MACD was crossing over and RSI spiked. Emotions were pointing to buy, but rules stated not to. The stock missed earnings, continued to fall, and most recently missed big yet again.
Big move from $MU today. It is pushing towards breaking the channel. Will it continue, or hit resistance again?
For the first time in 8 months, it looks like FB is about to pop. All signs point to the positive. the CMF shows the outward flow of money has bottomed and it curling back up, its breaking its downward channel and compared to its peers, its holding up well.
What else is there to say....Looking for some healthy consolidation before earnings, then a gap up.
following up from my weekend post on trendyprofits.weebly.com This is looking so far so good for the USD. I expect a small rally with some resistance at .90. USD isnt out of the woods yet but If it breaks and holds this level...watch out
$GMCR had a ton of potential running into this new year. I mean, who doesn't use k-cups? Management has made poor decisions, causing the stocks decline. When this settles down and regains its footing....its a BUY! K-cups are not a fad and will be around for the next foreseeable future. Especially with its partnership with $KO. For now, just hold off.
$USDEUR has been on a tear the last from Sep 2014 until March 2015. A double top has killed the momentum. Will the euro rebound or will it fall further? read more at www.trendyprofits.weebly.com