#$ups

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Dragonfly Capital - 5 Trade Ideas for Monday: Broadcom, Boeing, Hilton, Mastercard and UPS

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

Broadcom, Ticker: $AVGO

Broadcom, $AVGO, 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…..

Boeing, Ticker: $BA

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

Hilton Worldwide, Ticker: $HLT

Hilton Worldwide, $HLT, comes into the week rounding out a bottom. It has a RSI rising through the midline with the MACD crossed up. Look for continuation to participate…..

Mastercard, Ticker: $MA

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

UPS, Ticker: $UPS

UPS, $UPS, comes into the week approaching resistance. It has a RSI at the midline with the MACD crossed 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 with the August options expiration in the books, saw equity markets show strength, continuing the climb out of July pullback.

Elsewhere look for Gold to continue its uptrend to new highs while Crude Oil consolidates in a tightening range. The US Dollar Index continues to move to the downside in consolidation while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the short term trend lower while Emerging Markets have re-broken resistance and may start a new uptrend.

The Volatility Index looks to remain low after a rapid pullback to levels from 2 weeks ago making the path easier for equity markets to the upside. Their charts look strong, especially the SPY and QQQ on the longer timeframe. On the shorter timeframe both the QQQ and SPY will gain buyers on a move higher next week over short term resistance. The IWM is showing its own strength as well breaking back above long term resistance. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Affirm, Dexcom, Gilead, Old Dominion and UPS + Holiday Discount Pricing 30% off

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

Affirm, $AFRM

Affirm, $AFRM, comes into the week rising above consolidation. It has an RSI in the bullish zone and the MACD positive and crossed up. Look for continuation to participate…

Dexcom, $DXCM

Dexcom, $DXCM, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD positive period look for a pushover resistance to participate…

Gilead Sciences, $GILD

Gilead Sciences, $GILD, comes into the week approaching resistance. It has an RSI at the edge of the bullish zone with the MACD about to turn positive. Look for a push over resistance to participate…

Old Dominion Freight Lines, $ODFL

Old Dominion Freight Lines, $ODFL, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD positive period look for a push over resistance to participate…

UPS, $UPS

UPS, $UPS, comes into the week approaching resistance. It has an RSI in the bullish zone and a MACD rising 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 with the month of May in the books and heading into a non-farm payroll week, saw equities continue to show strength, printing more new all-time highs.

Elsewhere, look for Gold to continue walking the fence between a downtrend and digestion in the uptrend while Crude Oil bounces around in tightening consolidation around $100/bbl but near a change of character to a downtrend. The US Dollar Index looks to continue to drift higher in broad consolidation while US Treasuries continue to test support in consolidation after avoiding a shift in character. The Shanghai Composite looks to continue digestion in the short term uptrend while Emerging Markets make new highs in their uptrend.

The Volatility Index looks to continue lower in the normal zone, giving a tailwind to equities. The charts of the SPY, the QQQ and the IWM continue to look extremely strong on the longer timeframe with a 9th positive week for the SPY. On the shorter timeframe the SPY, the QQQ and the IWM also look very strong, with all printing all-time highs to start the week and then again Thursday. The SPY and QQQ ended with a 3rd record while the IWM was just short of joining them. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Allstate, Deere, Honeywell, Constellation Brands and UPS

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

Allstate, $ALL, 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…

Deere, $DE, comes into the week racing toward the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Honeywell, $HON, comes into the week approaching resistance. It has a RSI rising through the midline with the MACD negative. look for a push over resistance to participate…

Constellation Brands, $STZ, comes into the week at resistance. It has a RSI in the bullish zone with the MACD negative. Look for a push over resistance to participate…

UPS, $UPS, comes into the week approaching resistance. It has a RSI rising into the bullish zone with the MACD about to ross to positive. Look for a push over resistance to participate…

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If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

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 first week of March in the books, saw equity markets take a beating as the first tariffs were enforced.

Elsewhere look for Gold to continue its consolidation just under all-time highs while Crude Oil drops in consolidation. The US Dollar Index continues to move to the downside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the consolidation while Emerging Markets consolidate in a broad messy chop.

The Volatility Index looks to rise, making the path easier for equity markets to the downside. The charts of the SPY and QQQ continue to look strong on the longer timeframe. On the shorter timeframe both the QQQ and SPY are weak and vulnerable for more downside. This could shift the long term look over the next few weeks. The IWM looks weak on both timeframes, leading to the downside. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Allstate, Alphabet, Kraft Heinz, TJX and UPS

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

Allstate, Ticker: $ALL

Allstate, $ALL, comes into the week breaking resistance. It has a RSI in the bullish zone and a MACD positive. Look for continuation to participate…..

Alphabet, Ticker: $GOOGL

Alphabet, $GOOGL, comes into the week approaching the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Kraft Heinz, Ticker: $KHC

Kraft Heinz, $KHC, comes into the week rising toward resistance. It has a RSI moving up from the midline with the MACD crossed up. Look for a break of resistance to participate…..

TJX, Ticker: $TJX

TJX, $TJX, comes into the week moving toward the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

United Parcel Service, Ticker: $UPS

United Parcel Service, $UPS, comes into the week pushing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

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 March FOMC meeting in the books, saw equity markets showed strength moving higher despite the continued tone of rates staying higher for longer.

Elsewhere look for Gold to continue its consolidation in a bull flag at the highs while Crude Oil continues the messy uptrend. The US Dollar Index looks to drift to the upside in consolidation while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the short term uptrend while Emerging Markets consolidate in a broad range.

The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe with the SPY at a weekly high and the IWM and QQQ consolidating the recent moves higher. On the shorter timeframe both the QQQ and SPY also look strong making fresh all-time highs Thursday before dropping toward filling gaps Friday on profit taking. The IWM looks to have established a higher range. Use this information as you prepare for the coming week and trad’em well.

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Dragonfly Capital - 5 Trade Ideas for Monday: Aflac, DaVita, First Solar, UPS and Valero

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

Aflac, Ticker: $AFL

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

DaVita, Ticker: $DVA

DaVita, $DVA, comes into the week approaching resistance. The RSI is in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

First Solar, Ticker: $FSLR

First Solar, $FSLR, comes into the week rounding higher. The RSI is at the midline with the MACD crossing up. Look for continuation to participate…..

UPS, Ticker: $UPS

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

Valero Energy, Ticker: $VLO

Valero Energy, $VLO, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

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 2nd Quarter in the books, saw equity markets showed strength reversing the pull backs from the prior week.

Elsewhere look for Gold to continue its pullback while Crude Oil consolidates in the lower end of a broad range. The US Dollar Index continues to drift to the upside in consolidation while US Treasuries churn in their own consolidation range. The Shanghai Composite looks to continue the slow drift lower while Emerging Markets consolidate.

The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside. Their charts look strong, especially on the longer timeframe with the SPY and QQQ printing new cycle weekly highs. On the shorter timeframe the QQQ, SPY and IWM all erased last week’s losses with the SPY making a new 14 month high. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Amex, Cincinnati Financial, J&J, Southwest Air and UPS

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

American Express, Ticker: $AXP

American Express, $AXP, comes into the week at resistance. It has a RSI in the bullish zone and a MACD positive and climbing. Look for a push over resistance to participate…..

Cincinnati Financial, Ticker: $CINF

Cincinnati Financial, $CINF, comes into the week at crossing resistance. It has a RSI rising into the bullish zone with the MACD about to move to positive. Look for continuation to participate…..

Johnson & Johnson, Ticker: $JNJ

Johnson & Johnson, $JNJ, comes into the week breaking resistance. It has a RSI strong in the bullish zone with the MACD flat but positive. Look for continuation to participate…..

Southwest Airlines, Ticker: $LUV

Southwest Airlines, $LUV, comes into the week rising toward resistance. The RSI is moving into the bullish zone with the MACD crossing to positive. Look for a push over resistance to participate…..

UPS, Ticker: $UPS

UPS, $UPS, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive and rising. look for a push over resistance to participate…..

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

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 first week of 2022 in the books, saw equity markets show some short term weakness.

Elsewhere look for Gold to consolidate while Crude Oil continues to move higher. The US Dollar Index continues to pause in consolidation in the uptrend while US Treasuries continue a short term downtrend. The Shanghai Composite looks to consolidate while Emerging Markets continue the move lower.

The Volatility Index looks to remain low and in the normal range making the path easier for equity markets to the upside. Their charts continue to show strength on the longer timeframe but with short term weakness. The SPY looks the strongest of the three but in a pullback short term. The QQQ has now joined the IWM in building a consolidation zone, sitting at the bottom of it, while the IWM itself remains in the 11 month range. Use this information as you prepare for the coming week and trad’em well.

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4 Trade Ideas for UPS: Bonus Idea

UPS, $UPS, spent over 8 months in a sideways channel around the 200% extension of the retracement of the pandemic drop before moving higher in April. Shortly after it gapped up and ran to a top over the 300% extension. A pullback in June reversed to the prior high and then it gapped down at the end of July to confirm a double top. It has held in consolidation since over support and just above the 200 day SMA. 

The RSI is dropping in the bearish zone with the MACD stalling in negative territory. There is support lower at 188.50 and 181 then 177 and 173 before 167.50 and 157.50 then 154.50. Resistance higher comes at 195 and 198.25 then 210. Short interest is low at 1.1%. The stock pays a dividend with an annual yield of 2.15% and has been trading ex-dividend since August 20th. The company is expected to report earnings next on October 26th. A business rival, FedEx, is reporting earnings on Tuesday after the close. 

The October monthly options show the open interest biggest at the 195 and 190 strikes on the put side and at the 195 strike on the call side. In the October 29 Expiry open interest is just starting to build and spread from 190 to 170 on the put and from 195 to 215 on the call side. November options are light on open interest so looking to the December chain it is spread from 185 to 165 on the put side and from 195 to 220 on the call side.

UPS, Ticker: $UPS

Trade Idea 1: Sell the stock short on a move under 188.50 with a stop at 192.50.

Trade Idea 2: Sell the stock short on a move under 188.50 and add an October 192.50/200 Call Spread ($2.35) while selling the October 29 Expiry 170 Put ($1.40).

Trade Idea 3: Buy the October 29 Expiry 185/170/155 Put Butterfly ($2.00).

Trade Idea 4: Buy the October 185/170 Put Spread ($2.20) and sell the November 160 Put ($1.20).

 If you like what you see sign up for more ideas and deeper analysis using this Get Premium link.

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 September Triple Witching in the books, saw equity markets continue to show some signs of short term weakness.

Elsewhere look for Gold to continue its pullback in consolidation while Crude Oil continues a short term move higher. The US Dollar Index continues to move to the upside while US Treasuries consolidate. The Shanghai Composite looks to continue to pullback from resistance while Emerging Markets continue a short term move lower.

The Volatility Index looks to remain at moderate levels removing the stimulus for equity markets to the upside. Their charts reflect this, especially on the shorter timeframe with the SPY and QQQ continuing to pullback. On the longer timeframe the QQQ and SPY remain in healthy uptrends. The IWM remains detached from them in consolidation on both timeframes. Use this information as you prepare for the coming week and trad’em well.