Monday, April 22, 2019

Bull Radar

Style Outperformer:
  • Large-Cap Growth +.2%
Sector Outperformers:
  • 1) Oil Service +2.7% 2) Energy +2.3% 3) Internet +1.2%
Stocks Rising on Unusual Volume:
  • KEYW, MDSO, DAVA, MNOV, EYE, MYOV, KMB, CRZO, RCII, MRCY, APO, BX, IGV, VNO, ZYME, EXPO, WHD, DBX, MINI, BOX, IFRX, UNH, ADTN, MANH and QCOM
Stocks With Unusual Call Option Activity:
  • 1) BOX 2) SIRI 3) KMB 4) DHI 5) KSS
Stocks With Most Positive News Mentions:
  • 1) RCII 2) UPLD 3) KMB 4) NVR 5) LMT
Charts:
NYSE Composite Index:

Sunday, April 21, 2019

Monday Watch

Today's Headlines
MarketWatch.com:
Night Trading
  • Asian indices are -.25% to +.5% on average.
  • Asia Ex-Japan Investment Grade CDS Index 63.75 +.5 basis point.
  • China Sovereign CDS 40.0 -1.0 basis point.
  • Bloomberg Emerging Markets Currency Index 67.31 +.01%.
  • FTSE 100 futures -.06%.
  • S&P 500 futures +.12%.
  • NASDAQ 100 futures +.12%.

Earnings of Note
Company/Estimate

Before the Open:
  • (AZZ)/.46
  • (HAL)/.23
  • (KMB)/1.55
  • (NVR)/34.45
  • (STLD)/.91
After the Close:
  • (BRO)/.36
  • (CE)/2.41
  • (MINI)/.38
  • (SANM)/.74
  • (WHR)/2.85
  • (ZION)/1.05
Economic Releases
8:30 am EST
  • The Chicago Fed National Activity Index for March is estimated to rise to 5.2 versus -.29 in Feb.
10:00 am EST
  • Existing Home Sales for March are estimated to fall to 5.3M versus 5.51M in Feb.
Upcoming Splits
  • None of note
Other Potential Market Movers
  • The Australia PMI report and the (TSLA) investor day could also impact trading today.
BOTTOM LINE: Asian indices are mostly higher, boosted by technology and industrial shares in the region. I expect US stocks to open mixed and to strengthen into the afternoon, finishing modestly higher.  The Portfolio is 100% net long heading into the week.

Weekly Outlook

BOTTOM LINE: I expect US stocks to finish the week mixed as China trade deal hopes, diminishing global growth fears and earnings optimism offset technical selling, Brexit concerns and profit-taking. My intermediate-term trading indicators are giving neutral signals and the Portfolio is 100% net long heading into the week.

Saturday, April 20, 2019

Today's Headlines

Bloomberg:        
  • Had bullish commentary on (INTC), (UNH), (ANTM), (CI), (HUM) and (CVS).
  • Had bearish commentary on (SPOT) and (SAM).
Zero Hedge:  
Business Insider:

Friday, April 19, 2019

Today's Headlines

Bloomberg:         
Zero Hedge: