Discover Top Posts Tagged with #$tsco

5 Trade Ideas for Monday: Affirm, Chewy, Chipotle, Thermo Fisher and Tractor Supply

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

Affirm, $AFRM, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Chewy, $CHWY, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD rising. Look for continuation to participate…

Chipotle Mexican Grill, $CMG, comes into the week rounding up from a bottom. It has a RSI rising and a MACD crossed up. Look for continuation to participate…

Thermo Fisher Scientific, $TMO, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Tractor Supply, $TSCO, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance 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 August options expiration in the books and heading into the Jackson Hole Fed Conference, saw equity markets looking strong, holding up in the face of worse than expected inflation reports.

Elsewhere, look for Gold to continue in consolidation in its uptrend while Crude Oil drifts in consolidation. The US Dollar Index continues the intermediate term move to the downside near 3 year lows while US Treasuries continue to consolidate in their downtrend. The Shanghai Composite looks to continue the rise to the top of the broad consolidation area while Emerging Markets continue their uptrend.

The Volatility Index looks to continue at low levels making life easier for equity markets to the upside as they print new highs. The charts of the SPY and QQQ continue to look strong on both timeframes, holding at all-time highs. The IWM is slightly weaker as it continues to struggle to clear and hold at new highs for the year. Use this information as you prepare for the coming week and trad’em well.

#$AFRM #$CHWY #$CMG #$TMO #$TSCO

5 Trade Ideas for Tuesday: Aflac, Coty, Chevron, Interactive Brokers and Tractor Supply

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

Aflac, Ticker: $AFL

Aflac, $AFL, comes into the week moving higher after a digestive pullback. The RSI is rising in the bullish zone with the MACD about to cross up. Look for a new high to participate…..

Coty, Ticker: $COTY

Coty, $COTY, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Chevron, Ticker: $CVX

Chevron, $CVX, comes into the week moving higher. It has a RSI rising through the midline with the MACD crossing up. Look for continuation to participate…..

Interactive Brokers, Ticker: $IBKR

Interactive Brokers, $IBKR, comes into the week moving higher. The RSI is rising at the midline with the MACD about to cross up. Look for continuation to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, comes into the week moving higher. It has a RSI in the bullish zone with the MACD turning up. 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 4 trading days left in 2022, saw equity markets showed some divergence. The SPY and IWM put in consolidation weeks, saved by end of week moves higher while the QQQ continued to move lower and is approaching a retest of the year’s low.

Elsewhere look for Gold to consolidate around 1800 while Crude Oil consolidates in the downtrend. The US Dollar Index looks to pause in the downtrend while US Treasuries resume the move lower. The Shanghai Composite looks to have reversed to a short term downtrend while Emerging Markets consolidate.

The Volatility Index looks to remain in a normal range making the path easier for equity markets to the upside. Their charts continue to look weak, especially the QQQ on the longer timeframe. On the shorter timeframe both the IWM and SPY are trying to consolidate and possibly put in a bottom, while the QQQ diverges as it continues lower. Use this information as you prepare for the coming week and trad’em well.

#$AFL #$COTY #$CVX #$IBKR #$TSCO

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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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.

#$AA #$CX #$PACW #$SWCH #$TSCO

5 Trade Ideas for Monday: Albemarle, Cadence Design, IQVIA, Nasdaq and Tractor Supply

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

Albemarle, Ticker: $ALB

Albemarle, $ALB, comes into the week at both resistance and a record high close. The RSI is rising in the bullish zone with the MACD positive and moving higher. Look for a push over resistance to participate…..

Cadence Design Systems, Ticker: $CDNS

Cadence Design Systems, $CDNS, comes into the week also at resistance and an all-time high. The RSI is rising in the bullish zone with the MACD positive and moving higher. Look for a push over resistance to participate…..

IQVIA, Ticker: $IQV

IQVIA, $IQV, comes into the week testing the late September high. It has a RSI rising in the bullish zone with the MACD positive and moving higher. Look for continuation to participate…..

Nasdaq, Ticker: $NDAQ

Nasdaq, $NDAQ, comes into the week breaking resistance and at an all-time high. The RSI is rising in the bullish zone with the MACD positive and moving higher. Look for continuation to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, comes into the week at an all-time high. The RSI is rising in the bullish zone with the MACD positive and climbing. 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 just two months left in the year, saw equity markets were showing renewed strength with a rebound from an ugly 3rd quarter reaching new all-time highs.

Elsewhere look for Gold to continue to consolidate while Crude Oil continues to the upside. The US Dollar Index continues to drift to the upside at the edge of confirming a reversal while US Treasuries rebound to a short term uptrend. The Shanghai Composite looks to continue to mark time while Emerging Markets try to hold at support in a downtrend.

The Volatility Index looks to remain very low 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 are also very strong. The IWM just keeps refusing to play though, moving sideways in what is now a 9 month consolidation. Use this information as you prepare for the coming week and trad’em well.

#$ALB #$CDNS #$IQV #$NDAQ #$TSCO

5 Trade Ideas for Tuesday: CrowdStrike Moderna, NVIDIA, Perrigo and Tractor Supply

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

CrowdStrike, Ticker: $CRWD

CrowdStrike, $CRWD, broke resistance and moved to a new high at the start of last week. It pulled back to retest the breakout and ended the week moving up. The RSI is rising in the bullish zone and the MACD is level but positive. look for continuation to participate…..

Moderna, Ticker: $MRNA

Moderna, $MRNA, ended the week breaking through 3 week long resistance. The RSI is rising in the bullish zone with the MACD curling back higher and positive. Look for continuation to participate…..

NVIDIA, Ticker: $NVDA

NVIDIA, $NVDA, ended the week at resistance and a new all-time high close. The RSI is holding strong in the bullish zone and then MACD flat but positive. Look for a push over resistance to participate…..

Perrigo, Ticker: $PRGO

Perrigo, PRGO, is rounding out of a bottom with the RSI rising toward the bullish zone and the MACD crossed up and moving higher. Look for continuation to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, ended the week at prior resistance with the RSI rising in the bullish zone and the MACD crossing up and positive. Look for a push over resistance 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 heading into Labor Day Weekend, the unofficial end of summer, saw equity markets showed strength across the board.

Elsewhere look for Gold to continue its short term move higher while Crude Oil also moves to the upside. The US Dollar Index continues to move lower while US Treasuries consolidate in their uptrend. The Shanghai Composite looks to continue the move higher in broad consolidation while Emerging Markets show signs of a possible reversal higher.

The Volatility Index looks to remain very low making the path easier for equity markets to the upside. Their charts also look strong, especially on the shorter timeframe. On the longer timeframe both the QQQ and SPY show strength as well with new weekly highs. The IWM is showing strong progress as it moves towards the top of the long consolidation range. Use this information as you prepare for the coming week and trad’em well.

#$CRWD #$MRNA #$NVDA #$PRGO #$TSCO

5 Trade Ideas for Monday: CBOE, Crocs, Generac, ICE and Tractor Supply

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

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, comes into the week back at resistance with the Bollinger Bands® opening after a squeeze. The RSI is holding in the bullish zone with the MACD leveling but positive. Look for a push over resistance to participate…..

Crocs, Ticker: $CROX

Crocs, $CROX, started higher in April with a gap up and quickly met resistance. It has been consolidating since. The RSI is rising in the bullish zone with the MACD turning to cross up and positive. Look for a push over resistance to participate…..

Generac, Ticker: $GNRC

Generac, $GNRC, comes into the week at short term resistance. The RSI is rising in the bullish zone and the MACD is positive and moving higher. Look for a break of resistance to participate…..

Intercontinental Exchange, Ticker: $ICE

Intercontinental Exchange, $ICE, popped out of a symmetrical triangle and stopped short of the target $11 move to 126. It pulled back and comes into the week pressuring resistance with the RSI moving higher and the MASCD crossed up. Look for a move over resistance to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, made a top in May and then pulled back into consolidation. It comes into the week at resistance with the RSI driving higher and the MACD curling to cross up. Look for a push over resistance 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 heading into the June options expiration week, saw equity markets revving their engines and heating up as they drift around all-time highs.

Elsewhere look for Gold to consolidate around 1900 while Crude Oil breaks higher. The US Dollar Index remains consolidating from the downtrend while US Treasuries started a nascent move to the upside. The Shanghai Composite looks to continue to consolidate the break higher while Emerging Markets stick in broad consolidation over the long term range.

The Volatility Index looks to remain very low making the path easier for equity markets to the upside. Their charts also look strong, especially on the longer timeframe with the SPY leading the way. On the shorter timeframe all 3 are breaking higher, with the SPY at all-time highs. The QQQ is trending higher and less than $1 from its high while the IWM breaks a long consolidation pattern less than $3 from its high. Use this information as you prepare for the coming week and trad’em well.

#$CBOE #$CROX #$GNRC #$ICE #$TSCO

5 Trade Ideas for Monday: Danaher, Lowe's, PerkinElmer, STAAR Surgical and Tractor Supply

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

Danaher, Ticker: $DHR

Danaher, $DHR, rose to a high in November and then shifted to a sideways channel. It fell back to the 200 day SMA in March and consolidated until Friday. It moved up out of consolidation then with the RSI rising and the MACD crossed up and rising. Look for continuation to participate…..

Lowe’s, Ticker: $LOW

Lowe’s, $LOW, rose from the March low and continued to a top in August. It has moved mainly sideways since and comes into the week at the high with the RSI rising and the MACD climbing. Look for a push over resistance to participate…..

PerkinElmer, Ticker: $PKI

PerkinElmer, $PKI, rose from a March low to a top in January. It has been pulling back since but found support at the 200 day SMA. The RSI is rising and the MACD crossed up and moving towards positive. Look for a move higher to participate…..

STAAR Surgical, Ticker: $STAA

STAAR Surgical, $STAA, made a top in February and then sharply moved lower. It found support in early March and has bounced and found resistance. The RSI is rising toward the bullish zone and the MACD is about to cross up. Look for continuation to participate…..

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, made a top in August and then settled into consolidation. It has slowly rounded out and move to a new high with the RSI rising and the MACD positive and moving higher. Look for a push over resistance to participate…..

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Elsewhere look for Gold to continue its pullback while Crude Oil pulls back in its uptrend. The US Dollar Index is on the verge of a reversal to the upside while US Treasuries continue to move lower. The Shanghai Composite looks to be on the edge of a reversal lower while Emerging Markets pullback in their uptrend.

The Volatility Index looks to remain low making the path easier for equity markets to the upside. Their charts however are showing signs of fatigue on the shorter timeframe, with the QQQ the weakest. On the longer timeframe both the SPY and the IWM remain strong but in a pause with the QQQ consolidating over support after a small pullback. Use this information as you prepare for the coming week and trad’em well.

#$DHR #$$LOW #$PKI #$STAA #$TSCO

5 Trade Ideas for Monday: BlackRock, Conagra, Nasdaq, Netflix and Tractor Supply

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

BlackRock, Ticker: $BLK

BlackRock, $BLK, started lower in February with a gap down. It continued to a bottom in March before finding support. It moved higher to a top in April and then had a setback. Now it is at resistance with the RSI rising in the bullish zone and the MACD about to cross up and positive. Look for a push over resistance to participate….

Conagra, Ticker: $CAG

Conagra, $CAG, gapped over resistance in December and quickly met resistance. It pulled back in February, leaving an Island top and made a low in March. With one false move higher it has been rising steadily since the middle of March to an April high. After a mild pullback it is now heading back to resistance. The RSI is in the bullish zone with the MACD leveling and positive. Look for a move over resistance to participate…..

Nasdaq, Ticker: $NDAQ

Nasdaq, $NDAQ, ran to a low in March and then quick reversed higher. It continued until early April and then settled into a consolidation. It ended last week breaking a mini consolidation with the RSI rising into the bullish zone and the MACD starting to turn to cross up. Look for a push over resistance to participate…..

Netflix, Ticker: $NFLX

Netflix, $NFLX, ran from a bottom in March to make a new all-time high in April. It pulled back then to the 20 day SMA before reversing back higher. It ended the week at a new all-time high with the RSI rising and bullish and the MACD turning back up. Look for continuation to participate….

Tractor Supply, Ticker: $TSCO

Tractor Supply, $TSCO, made a hard break lower in February and found a bottom in mid-March. Since then it has rocketed higher. Friday made a new high and approached the all-time high. The RSI is inching into overbought territory with the MACD rising and bullish. Look for continuation to participate…..

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Elsewhere look for Gold to continue to move higher while Crude Oil retraces its downward move. The US Dollar Index looks to possibly break to the upside while US Treasuries consolidate in their uptrend. The Shanghai Composite looks to slowly drift higher in consolidation while Emerging Markets pause under short term resistance.

The Volatility Index looks to remain elevated but moving lower making the path easier for equity markets to the upside. Their charts are a mixed bag, with the SPY and IWM in consolidation on the shorter timeframe while the QQQ looks to head higher. On the longer timeframe both the QQQ and SPY look strong as they move higher, but with resistance just overhead. The IWM is also at resistance but at relatively lower levels. Use this information as you prepare for the coming week and trad’em well.

#$BLK #$CAG #$NDAQ #$NFLX #$TSCO