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5 Trade Ideas for Monday: Allstate, Air Products, Astrazeneca, Costco and Visa

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 and rising. Look for a push over resistance to participate…

Air Products, $APD, comes into the week at resistance. It has a RSI rising off the midline with the MACD turning positive. Look for a push over resistance to participate…

Astrazeneca, $AZN, comes into the week pressing resistance at the 200 day SMA. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Costco, $COST, 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…

Visa, $V, 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…

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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, saw that equity markets showed a budding recovery from last week.

Elsewhere look for Gold to continue its uptrend while Crude Oil continues to trend lower. The US Dollar Index continues a short term move to the downside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue in consolidation while Emerging Markets fall from the cusp of a break to the upside.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. Their charts show short term strength on the longer timeframe with digestion in the shorter timeframes. The IWM continues to lag the SPY and QQQ in recovery in price and the shift to bullish momentum on the longer timeframe. The classic “V” recovery continues to build in all 3 Index ETFs as the SPY and QQQ close in on their all-time highs. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Apple, Ashland, Broadcom, Fiserv and Visa

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

Apple, $AAPL, 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…

Ashland, $ASH, 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…

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…

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

Visa, $V, comes into the week at resistance. It has a RSI rising off the midline with the MACD crossed up but negative. 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 closing out the 2nd Quarter and heading into the July 4th Holiday, saw equity markets exhibit renewed strength with strong moves higher.

Elsewhere, look for Gold to continue to consolidate in its uptrend while Crude Oil drifts up in consolidation. The US Dollar Index continues a short term move to the downside at more than 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets continue their break to the upside.

The Volatility Index looks to continue in the normal range making life easier for equity markets to the upside. The charts of the SPY and QQQ are showing strength on both timeframes as they continue to print new all-time highs. The IWM continues to lag the SPY and QQQ in recovery in price but is joining the party racing higher as well. The classic “V” recovery continues to build in all 3 Index ETFs. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: DaVita, Fiserv, GE, GM and Visa

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

DaVita, $DVA, comes into the week rounding up from the 200 day SMA. It has a RSI rising toward the midline with the MACD curling up. Look for continuation to participate…

Fiserv, $FI, comes into the week pressing on resistance in consolidation. It has a RSI at the midline with the MACD curling up. Look for a push over resistance to participate…

GE Aerospace, $GE, comes into the week rounding out of a pullback. It has a RSI rising and a MACD curling towards a cross up. Look for continuation to participate…

General Motors, $GM, comes into the week rounding out of a pullback. The RSI is rising to the midline with the MACD curling to cross up. look for continuation to participate…

Visa, $V, 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…

If you like what you see sign up for more ideas and deeper analysis using this Get Premium link and receive a Special 30% off Holiday Discount.   

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 5½ trading days left in 2024, saw the week showing a crack in equity markets following the FOMC December meeting.

Elsewhere look for Gold to continue to consolidate the major move higher while Crude Oil consolidates in the lower end of a broad range. The US Dollar Index continues to drift to the upside while US Treasuries pullback in consolidation. The Shanghai Composite looks to consolidate in its uptrend while Emerging Markets may be reversing their uptrend.

The Volatility Index looks to remain low after spiking and pulling back making the path easier for equity markets to the upside. The charts of the SPY and QQQ continue to look strong on the longer timeframe. On the shorter timeframe both look a little weaker. The IWM is now weak enough that it is threatening the uptrend. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Dollar Tree, F5, Intercontinental Exchange, Jabil and Visa

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

Dollar Tree, Ticker: $DLTR

Dollar Tree, $DLTR, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD flat but positive. Look for continuation to participate…..

F5, Ticker: $FFIV

F5, $FFIV, comes into the week breaking resistance. It has a RSI rising toward the bullish zone with the MACD crossed up but negative. Look for continuation to participate…..

Intercontinental Exchange, Ticker: $ICE

Intercontinental Exchange, $ICE, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD level and positive. Look for a push over resistance to participate…..

Jabil, Ticker: $JBL

Jabil, $JBL, comes into the week at resistance. It has a RSI rising at the midline with the MACD crossed up. Look for a push over resistance to participate…..

Visa, Ticker: $V

Visa, $V, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD flat and 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 heading into the May options expiration week, saw equity markets stalled and chopped around in narrow ranges.

Elsewhere look for Gold to consolidate in the uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues in consolidation with perhaps a drift to the upside while US Treasuries consolidate in the bounce. The Shanghai Composite looks to continue in consolidation as well while Emerging Markets consolidate too.

The Volatility Index looks to remain very low and stable making the path easier for equity markets to the upside. Their charts are mixed though with the SPY in consolidation at the February high on both timeframes while the IWM consolidates just over support. The QQQ, however, looks strong on both timeframes chugging higher. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Fidelity National, Marriott, McCormick, Oracle and Visa

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

Fidelity National Information Services, Ticker: $FIS

Fidelity National Information Services, $FIS, comes into the week breaking resistance. It has a RSI rising over the midline with the MACD approaching zero. Look for continuation to participate…..

Marriott International, Ticker: $MAR

Marriott International, $MAR, comes into the week at resistance. It has a RSI rising off the midline with the MACD crossed up. Look for continuation over resistance to participate…..

McCormick & Company, Ticker: $MKC

McCormick & Company, $MKC, comes into the week testing support. It has a RSI dropping out of overbought with the MACD rolling but positive. Look for a break of support to participate…..

Oracle, Ticker: $ORCL

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

Visa, Ticker: $V

Visa, $V, 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…..

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 heading into April options expiration week, saw equity markets showed resilience holding up despite a building narrative of a possible recession.

Elsewhere look for Gold to continue its uptrend while Crude Oil has a short term move higher in consolidation. The US Dollar Index continues to drift to the downside while US Treasuries pullback in their consolidation. The Shanghai Composite and Emerging Markets look to continue in consolidation.

The Volatility Index looks to remain low and stable making the path easier for equity markets to the upside. The charts of the SPY and QQQ remain strong on the longer timeframe while on the shorter timeframe both the QQQ remains in short term consolidation while the SPY is breaking higher. The IWM remains weaker holding in consolidation after a failed short term move higher. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: Alcoa, Cleveland-Cliffs, Honeywell, Meta and Visa

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

Alcoa, Ticker: $AA

Alcoa, $AA, comes into the week at resistance. It has a RSI rising in the bullish zone with the MACD positive and moving higher. Look for a break of resistance to participate…..

Cleveland-Cliffs, Ticker: $CLF

Cleveland-Cliffs, $CLF, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive and rising. Look for continuation to participate…..

Honeywell, Ticker: $HON

Honeywell, $HON, comes into the week reversing higher. It has a RSI also rising with the MACD crossing up. look for continuation to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week rounding higher. It has a RSI in the bullish zone with the MACD turning up. Look for continuation to participate…..

Visa, Ticker: $V

Visa, $V, comes into the week rounding higher. It has a RSI rising and a MACD turning to cross up. 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 February in the books, saw equity markets show some strength with a rebound from a pullback following Fed comments.

Elsewhere look for Gold to continue its short term rise while Crude Oil consolidates in a tight range. The US Dollar Index shifts into consolidation in its bounce while US Treasuries consolidate in a broad range. The Shanghai Composite looks to continue the move higher while Emerging Markets show hints of a continuation of the uptrend from the October low.

The Volatility Index looks to remain in the normal range and stable making the path easier for equity markets to the upside. Their charts are looking stronger, especially on the shorter timeframe. On the longer timeframe the IWM, the QQQ and SPY all remain in bull flags looking positive. Use this information as you prepare for the coming week and trad’em well.

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5 Trade Ideas for Monday: FedEx, Meta, Schlumberger, Visa and Walmart

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

FedEx, Ticker: $FDX

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

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week pushing through resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Schlumberger, Ticker: $SLB

Schlumberger, $SLB, comes into the week approaching the November high. It has a RSI rising in the bullish zone with the MACD positive. Look for a new high to participate…..

Visa, Ticker: $V

Visa, $V, 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…..

Walmart, Ticker: $WMT

Walmart, $WMT, comes into the week breaking resistance. It has a RSI rising in the bullish zone with the MACD crossing up. 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 first week of 2023 in the books, saw equity markets show resilience with a rebound to end the week higher.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a downtrend. The US Dollar Index continues to drift to the downside while US Treasuries are poised to reverse higher in their downtrend. The Shanghai Composite looks to continue in broad consolidation while Emerging Markets establish a short term uptrend.

The Volatility Index looks to remain in the normal range making the path easier for equity markets to the upside. Their charts remain vulnerable to further downside on the longer timeframe. On the shorter timeframe both the IWM and SPY are showing some promise following a Santa Claus Rally while the QQQ is lagging behind. The S&P 500 maintaining over 3839.50 Monday would give a second early year bullish indicator. If that happens traders will look for the trifecta with a positive January to round it out and give another bullish signal. Use this information as you prepare for the coming week and trad’em well.