#$pacw

[dragonflycap]

5 Trade Ideas for Monday: Alcoa, Cemex, PacWest Bancorp, Switch and Tractor Supply

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Alcoa, Ticker: $AA

Alcoa, $AA, comes into the week breaking resistance. It has a RSI rising and bullish with the MACD positive and climbing. Look for continuation to participate…..

CEMEX, Ticker: $CX

CEMEX, $CX, comes into the week pressing to a higher high after a pullback. The RSI is rising towards the bullish zone with the MACD about to cross to positive. Look for continuation to participate…..

PacWest Bancorp, Ticker: $PACW

PacWest Bancorp, $PACW, comes into the week at the 200 day SMA after a pullback. The RSI is falling in the bearish zone with the MACD flat but negative. Look for a reaction to support to participate…..

Switch, Ticker: $SWCH

Switch, $SWCH, comes into the week pressing over resistance. The RSI is rising and bullish with the MACD crossing up and positive. Look for continuation to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, comes into the week pulling back from a new high. The RSI is also dropping with the MACD crossed down. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the December Quadruple Witching in the books, saw equity markets showing some weakness.

Elsewhere look for Gold to continue its consolidation while Crude Oil consolidates as well. The US Dollar Index looks to pause in the uptrend while US Treasuries consolidate. The Shanghai Composite looks to continue in consolidation as well while Emerging Markets continue to move lower.

The Volatility Index looks to remain in the normal range easing the pressure on equity markets. Their charts look vulnerable on the shorter timeframe. On the longer timeframe both the QQQ and SPY look stronger while all three, including the IWM, remain in consolidation. Use this information as you prepare for the coming week and trad’em well.

[dragonflycap]

5 Trade Ideas for Monday: MongoDB, Bank OZK, PacWest Bancorp, Tandem Diabetes and Werner

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

MongoDB, Ticker: $MDB

MongoDB, $MDB, moved up out of a long consolidation in December. It quickly peaked and then pulled back through the 20 day SMA. It has reversed higher in January and is sitting against resistance as it comes into the week. The RSI is rising in the bullish zone with the MACD about to cross up. Look for a push over resistance to participate…..

Bank OZK, Ticker: $OZK

Bank OZK, $OZK, rose from a digestive consolidation in November. It continued to the current consolidation. The RSI is moving higher in the bullish zone with the MACD turning up to avoid a cross down. Look for a push over resistance to participate…..

PacWest Bancorp, Ticker: $PACW

PacWest Bancorp, $PACW, moved higher out of consolidation in November. it had a tight consolidation through the end of the year and then moved up again. Now it is pressing through resistance with the RSI rising and bullish and the MACD avoiding a cross down. Look for continuation to participate…..

Tandem Diabetes Care, Ticker: $TNDM

Tandem Diabetes Care, $TNDM, moved high from a March low to a top in October. It pulled back from there to the 200 day SMA where it is consolidating under resistance. The RSI is rising into the bullish zone with the MACD pushing to positive. Look for break over resistance to participate…..

Werner Enterprises, Ticker: $WERN

Werner Enterprises, $WERN, topped in August and then started to roll over. It spiked down at the end of October and then bounced into a consolidation. It broke that consolidation last week with the RSI rising and bullish and the MACD positive and moving higher. Look for continuation to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with one week to go in January, sees equity markets remaining strong.

Elsewhere look for Gold to possibly reverse higher out of its pullback while Crude Oil continues to move up. The US Dollar Index continues it downtrend while US Treasuries consolidate in their move lower. The Shanghai Composite looks to continue higher after making 5 year highs while Emerging Markets print all-time highs, not seem in over 13 years as they continue to move up.

The Volatility Index looks to remain low and stable making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe. On the shorter timeframe both the QQQ and SPY have resumed their paths higher, while the IWM is taking a breather at new all-time highs. Use this information as you prepare for the coming week and trad’em well.

[abrcapfinancial-blog]

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Sep18 - Revenue fell but Margins expanded

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Sep18 – Revenue fell but Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on PACW [lwa][/s2If][s2If current_user_can(access_s2member_level0)]PacWest Bancorp reported earnings (EPS) of 0.00 per share for the quarter ending q_Sep18. This is vis-vis 0.92 per share for the previous quarter ending q_Jun18, a decline of 100 %. Compared to last year same quarter (q_Sep17), earnings fell…

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[abrcapfinancial-blog]

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Jun18 - Revenue rose but Margins contracted

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Jun18 – Revenue rose but Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on PACW [lwa][/s2If][s2If current_user_can(access_s2member_level0)]PacWest Bancorp reported earnings (EPS) of 0.92 per share for the quarter ending q_Jun18. This is vis-vis 0.93 per share for the previous quarter ending q_Mar18, a decline of 1.1 %. Compared to last year same quarter (q_Jun17), earnings grew…

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[abrcapfinancial-blog]

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Sep17 - Revenue fell but Margins expanded

EARNING UPDATE $PACW PacWest Bancorp for quarter ending q_Sep17 – Revenue fell but Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on PACW [lwa][/s2If][s2If current_user_can(access_s2member_level0)]PacWest Bancorp reported earnings (EPS) of 0.84 per share for the quarter ending q_Sep17 compared to 0.77 per share for the previous quarter ending q_Jun17, a growth of 9.1 %. However, the EPS declined compared to the same quarter last year…

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[dragonflycap]

5 Trade Ideas for Tuesday:  Analog Devices, Crown Castle, Illumina, PacWest Bancorp & PVH

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Analog Devices, Ticker: $ADI

Analog Devices, $ADI, started higher in August, creating separation from its 200 day SMA. That move continued until late November, when it dropped fast, back to its 100 day SMA. It found support at a higher low to start December and reversed higher. Last week it ended consolidating over the 50 day SMA, with the Bollinger Bands® opening. The RSI is trending up in the bullish zone with the MACD rising. Look for continuation to participate higher.....

Crown Castle International, Ticker: $CCI

Crown Castle International, $CCI, has trended steadily higher since crossing its 200 day SMA in February. It has had occasional pullbacks to the 50 or 100 day SMA to reset momentum. Last week it moved higher off of the 50 day SMA and ended back at falling trend resistance. The RSI is moving back up in the bullish zone with the MACD about to cross up. Look for a continued move higher to participate.....

Illumina, Ticker: $ILMN

Illumina, $ILMN, gapped higher in August and then has slowly and steadily moved higher since. There was a growth spurt in November that sold off, held at the 50 day SMA and continued to path. Since December it has consolidated under resistance as the 50 day SMA slowly tightens the range. The RSI is holding bullish, but running along the mid line with the MACD about to cross up. Look for a push over resistance to participate higher.....

PacWest Bancorp, Ticker: $PACW

PacWest Bancorp, $PACW, pulled back from a top in February, finding support in September. Broadly it has been in consolidation mode since April, testing 50 a couple of times. One of those times is now. As it does, the RSI is bullish and the MACD is rising and bullish. Look for a push over resistance to participate higher.....

PVH, Ticker: $PVH

PVH, $PVH, had a strong run higher from a low in May to an interim top in September. It pulled back and consolidated from there, touching its 100 day SMA and then moving higher again. That led to a higher high and more consolidation that continues to today. Last week ended with the price at resistance and momentum starting to shift higher. The RSI is turning up in the bullish zone with the MACD crossing up. Look for a push over resistance to participate higher.....

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which as 2017 comes to a close sees the equity markets limping into the last day, but holding near their all-time highs.

Elsewhere look for Gold to continue its uptrend while Crude Oil breaks higher as well. The US Dollar Index continues broad consolidation but with risk to the downside while US Treasuries are biased higher in their broad consolidation. The Shanghai Composite and Emerging Markets both continue to consolidate, the Chinese market after a pullback while Emerging Markets do so in their uptrend.

Volatility looks to remain very low keeping the wind at the backs of the equity index ETF's SPY, IWM and QQQ. Their charts show short term consolidation of the long uptrends with digestion while the longer frames remain strong. Use this information as you prepare for the coming week and trad'em well.

[dragonflycap]

5 Trade Ideas for Monday: Cadence, Cincinnati Financial, PacWest, Patterson UTI and United Rentals

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers

Cadence Design Systems, Ticker: $CDNS

Cadence Design Systems, $CDNS, had a steady run higher from the January low until it consolidated in April. In May it broke that consolidation to the upside. The pullback through June made for a higher low and then it reversed to a higher high in July. The end of July brought another drop lower and a rounding bottom at a higher low. A new uptrend has formed, just not as neat as the last one. The RSI has turned back higher and the MACD is leveling. Look for continuation higher to participate.....

Cincinnati Financial, Ticker: $CINF

Cincinnati Financial, $CINF, moved higher off of a low in January and then consolidated through March and April. It started higher again in May and found resistance in July, leading to a shallow pullback. The price is rising out of that pullback now and has support for more upside from a rising and bullish RSI and a MACD starting to turn up towards a bullish cross. Look for continuation higher to participate.....

PacWest Bancorp, Ticker: $PACW

PacWest Bancorp, $PACW, rose from its February low to consolidate under a high in late May. Friday it passed through that high on the third touch and closed at the high of the day. The RSI is in the bullish zone and rising while the MACD is crossing up. Look for continuation Monday to participate in the upside.....

Patterson-UTI Energy, Ticker: $PTEN

Patterson-UTI Energy, $PTEN, moved higher from the February low to consolidation over March and April. It moved to a higher high from there followed by a higher low in May. Another move higher to a higher high in June and then the recent pullback to a higher low at the end of July. This defines an uptrend. The RSI is running higher again after holding in the bullish zone while the MACD is about to cross up. Look for continuation of the nascent move higher to participate.....

United Rentals, Ticker: $URI

United Rentals, $URI, moved higher from its February low to a peak in March. From there is saw a series of higher highs and higher lows over the next 4 months. In mid July it gapped higher and has consolidated in a tighter range since. The RSI is moving back higher and the MACD is avoiding a cross down. Look for a push through consolidation to participate to the upside.....

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the dog days of August sees the equity markets looking strong.

Elsewhere look for Gold to continue lower short term in the uptrend while Crude Oil bounces in the downtrend. The US Dollar Index looks to continue higher in the broad consolidation while US Treasuries are biased lower. The Shanghai Composite looks to continue to move sideways in a narrow range while Emerging Markets continue higher.

Volatility looks to remain at extremely low levels keeping the bias higher for the equity index ETF’s SPY, IWM and QQQ. Their charts agree on both the daily and weekly timeframe. If you ranked them the QQQ might be the most ready for a pause or retrench, possibly handing the baton to the IWM. Use this information as you prepare for the coming week and trad’em well.

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[dragonflycap]

5 Trade ideas for Monday: DaVita, Home Depot, Krispie Kreme, Northern Trust and PacWest Bancorp

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers

DaVita Healthcare Partners, Ticker: $DVA

DaVita Healthcare Partners, $DVA, started moving lower in June 2015. After a couple of bumps it started a steady decline in November that found a bottom in February. Since then it has moved higher, making a higher high and consolidating near that prior top. With the RSI bullish and rising and the MACD rising, look to participate in more upside on a break over resistance.

Home Depot, Ticker: $HD

Home Depot, $HD, was on a steady ride higher until the beginning of 2016. The initial pullback saw a bounce and then a push lower to a lower low, before a second bounce. Now back at resistance, and making a higher high Friday, it looks ready for more upside. The RSI is back in the bullish zone and the MACD rising. Look for continuation Monday to participate in the upside.

Krispy Kreme Doughnuts, Ticker: $KKD

Krispy Kreme Doughnuts, $KKD, had a great reaction to earnings in June 2015, but then started a nearly immediate downtrend. It hit a bottom in November and bounced only to fall back, making a double bottom in February. Now it is back to resistance and pushing higher. The RSI is rising and bullish with the MACD rising. Both support more upside and look for continued movement over resistance to participate to the upside.

Northern Trust, Ticker: $NTRS

Northern Trust, $NTRS, got hit along with the market in August and consolidated for 2 months before starting a recovery. It made it most of the way back to the prior high but then turned lower again in January. That move found support mid February, and the stock has been rising since. The movement Friday started another leg out of a bull flag, and has support for more upside from a rising RSI and MACD, both in the bullish range. Look for continuation to participate to the upside.

PacWest Bancorp, Ticker: $PACW

PacWest Bancorp, $PACW, started moving lower in December. It found some support in January and bounced only to start lower again to another bottom in February. The reversal higher moved to the prior top before a slight retrenchment and the move to a higher high Friday. The Bollinger Bands® are opening to the upside and the RSI is bullish and rising along with the MACD. Look for continuation to participate in a move higher.

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into March Options Expiration sees the Equity markets looking strong and ready for more upside.

Elsewhere look for Gold to consolidate in its uptrend while Crude Oil continues higher. The US Dollar Index looks better to the downside short term in consolidation while US Treasuries are biased lower. The Shanghai Composite is consolidating in a broad range while Emerging Markets are biased to the upside.

Volatility looks to remain subdued and falling back to normal levels putting a breeze at the back of the equity index ETF's SPY, IWM and QQQ. Their charts all look good for more upside as well on both timeframes. Use this information as you prepare for the coming week and trad'em well.

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