Today's featured stock is Citigroup, Inc. (C)
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| FSS | Federal Signal Corporation | Autos and Parts | $32.42 | low-to-mid 30s | 49.50 | 28 | 5 for 5'er, top third of AUTO sector matrix, mutli consec buys, LT pos trend, pot covered write, R-R>2.0, |
| IBP | Installed Building Products, Inc. | Building | $75.77 | mid-to-high 70s | 105 | 65 | 4 for 5'er, top 20% of favored BUIL sector matrix, spread triple top, pullback from ATH, pos wkly mom flip, R-R>2.0 |
| STNE | StoneCo Ltd. Class A | Business Products | $40.78 | mid to upper 40s | $53 | $33 | 5 for 5'er, top 10% of fav DWABUSI, bullish catapult, consec buy signals |
| RJF | Raymond James Financial Inc | Wall Street | $94.05 | low to upper 90s | $99 | $74 | 4 for 5'er, long-term market/peer RS, consec buy signals, pullback from 52 week high, 1.62% yield |
| AMP | Ameriprise Financial | Finance | $175.32 | mid 160s to mid/upper 170s | $202 | $132 | 5 for 5'er, top 25% of DWAFINA, consec buy signals, pullback from 52 week high, 2.32% yield |
| BAH | Booz Allen Hamilton Holding | Business Products | $77.43 | mid 70s to low 80s | 109 | 66 | 5 for 5'er, top third of favored BUSI sector matrix, quad top, pullback from ATH, R-R>2.0 1.6% yield |
| NSA | National Storage Affiliates | Real Estate | $35.78 | 33 - 36 | 54 | 31 | 5 for 5'er, top 33% of favored REAL sector matrix, LT pos trend, 3.8% yield triple top, Earnings 2/24 |
| AMGN | Amgen Inc. | Biomedics/Genetics | $229.33 | $220s - $250s | $276 | $184 | 4 for 5'er, LT market RS buy, consec buy signals, pullback from AT high, 2.77% yield |
| MTSI | MACOM Technology Solutions Holdings Inc. | Semiconductors | $28.69 | 27 - 30 | 32.5 | 23 | 5 for 5'er, #2 of 61 names in favored SEMI sector matrix, multi consec buys, pos wkly mom flip, pot. cov. write |
| C | Citigroup, Inc. | Banks | $78.69 | mid-$70s to mid-$80s | $99 | $63 | 4 for 5'er, top 10% of DWABANK, consec buy signals, pullback from multiyear high, 2.6% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| SUPN | Supernus Pharmaceuticals Inc | Biomedics/Genetics | $23.93 | low-to-mid 20s | 19.50 | 30 | 0 for 5'er, bottom 20% of BIOM sector matrix, multi consec sell signals, LT neg. trend, rally from multi-year low Earnings 2/24 |
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| TJX | The TJX Companies, Inc. | Retailing | $61.38 | upper 50s - low to mid-60s | $72 | $49 | See follow comment below. |
Follow-Up Comments
| Comment |
|---|
| FIS Fidelity National Information Services, R ($150.18) - Finance - Raise stop to $124, which would violate two levels of support on the default chart. |
| GNRC Generac Holdings, Inc. R ($108.92) - Building - Raise stop to $91, which would violate three levels of support on the default chart. |
| TJX The TJX Companies, Inc. R ($61.28) - Retailing - Okay to add new exposure at current levels. We will continue to abide by our $49 stop. Note earnings are expected 2/26. |
DWA Spotlight Stock
C Citigroup, Inc. R ($78.41) - Banks - C is a solid 4 for 5’er that ranks within the top decile of the banks sector RS matrix. This stock continues to trade well above the bullish support line that was established in April 2019. C has given two consecutive buy signals and most recently printed a new a multi-year high at $83. After marking a new high, shares of C pulled back to $74 before reversing back up into Xs to $79 where the stock sits today. Okay to initiate new exposure in the mid $70s to mid $80s range. We will set our initial stop loss at $63, the bullish support line. We will use the stock’s bullish price objective of $99 as our near-term price target. Note this stock offers a yield of 2.60%.
| 18 | 19 | 20 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| 83.00 | X | 83.00 | |||||||||||||||||||||||||||||||||||||||||||||||||||
| 82.00 | X | O | 82.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 81.00 | 1 | O | 81.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 80.00 | X | X | O | 80.00 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 79.00 | X | O | • | X | O | X | 79.00 | ||||||||||||||||||||||||||||||||||||||||||||||
| 78.00 | X | O | X | • | X | O | X | Mid | 78.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 77.00 | C | 1 | 2 | X | O | • | X | O | 2 | 77.00 | |||||||||||||||||||||||||||||||||||||||||||
| 76.00 | X | X | O | X | O | X | X | O | X | • | • | X | X | O | X | 76.00 | |||||||||||||||||||||||||||||||||||||
| 75.00 | X | O | X | O | X | O | X | O | X | 3 | X | O | • | X | • | B | O | X | O | X | 75.00 | ||||||||||||||||||||||||||||||||
| 74.00 | X | O | X | X | O | O | X | O | X | O | X | O | • | • | X | O | • | X | O | X | O | 74.00 | |||||||||||||||||||||||||||||||
| 73.00 | A | O | X | O | X | O | X | O | X | O | X | O | X | X | • | 8 | X | O | • | X | X | C | 73.00 | ||||||||||||||||||||||||||||||
| 72.00 | X | O | X | O | X | O | O | X | O | O | X | O | X | O | • | X | O | X | X | O | • | X | O | X | 72.00 | ||||||||||||||||||||||||||||
| 71.00 | X | O | B | O | O | X | O | X | O | • | X | O | X | O | X | A | • | X | 7 | O | X | 71.00 | |||||||||||||||||||||||||||||||
| 70.00 | X | O | X | O | X | O | X | O | X | O | X | O | • | X | O | X | 8 | X | X | Bot | 70.00 | ||||||||||||||||||||||||||||||||
| 69.00 | 8 | 9 | X | O | X | O | X | O | 6 | 7 | O | 9 | • | O | X | • | X | O | X | O | X | O | X | 69.00 | |||||||||||||||||||||||||||||
| 68.00 | 7 | O | X | O | X | O | X | 5 | X | O | X | O | X | • | O | X | O | • | X | 5 | X | O | X | O | X | 68.00 | |||||||||||||||||||||||||||
| 67.00 | X | O | X | O | X | 4 | O | O | X | O | X | • | O | B | O | • | X | O | X | O | X | A | X | 67.00 | |||||||||||||||||||||||||||||
| 66.00 | X | O | O | O | • | O | X | • | O | X | O | C | X | X | O | X | O | X | O | X | 66.00 | ||||||||||||||||||||||||||||||||
| 65.00 | X | • | • | O | • | O | X | O | X | O | 2 | X | O | X | O | 6 | O | 9 | O | 65.00 | |||||||||||||||||||||||||||||||||
| 64.00 | X | • | • | O | O | X | O | X | O | X | O | 4 | O | X | O | X | 64.00 | ||||||||||||||||||||||||||||||||||||
| 63.00 | 6 | • | O | X | O | X | O | X | O | X | O | X | O | X | • | 63.00 | |||||||||||||||||||||||||||||||||||||
| 62.00 | X | • | O | O | X | 3 | X | O | X | O | O | X | • | 62.00 | |||||||||||||||||||||||||||||||||||||||
| 61.00 | 4 | 5 | • | O | X | O | O | O | • | 61.00 | |||||||||||||||||||||||||||||||||||||||||||
| 60.00 | X | O | X | • | O | X | • | 60.00 | |||||||||||||||||||||||||||||||||||||||||||||
| 59.00 | X | O | X | • | O | X | • | 59.00 | |||||||||||||||||||||||||||||||||||||||||||||
| 58.00 | X | O | • | O | X | • | 58.00 | ||||||||||||||||||||||||||||||||||||||||||||||
| 57.00 | • | O | X | • | 57.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 56.00 | • | O | X | • | 56.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 55.00 | • | O | X | • | 55.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 54.00 | • | O | X | • | 54.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 53.00 | • | O | 1 | • | 53.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 52.00 | • | O | X | • | 52.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 51.00 | • | O | X | • | 51.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 50.00 | • | O | X | • | 50.00 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 49.00 | • | O | • | 49.00 | |||||||||||||||||||||||||||||||||||||||||||||||||
| 18 | 19 | 20 |
