Daily Equity Roster
Published: January 14, 2022
This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.
Today's featured stock is Tanger Factory Outlet Centers (SKT).

 

Long Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
AKR Acadia Realty Trust Real Estate $22.51 20 - 22 28 18 4 for 5'er, #6 of 154 in REAL sector matrix, one box from RS buy signal, 2.7% yield, Earnings 2/8
STOR Store Capital Corp. Real Estate $33.85 mid-to-upper 30s 47.50 30 5 for 5'er, multiple buy signals, one box from 52-week high, 4.1% yield, R-R>2.0
FOE Ferro Corp Chemicals $21.66 high teens to low 20s 35 16 4 for 5'er, 8 consec buy signals, pullback from recent high, pos trend, top of DWACHEM matrix
SC Santander Consumer USA Holdings Inc. Finance $41.65 high 30s to mid 40s 57 34 5 for 5'er, top 10% of DWAFINA, 3 consec buy signals, all-time highs, 2.11% yield, Earnings 2/1
ESI Element Solutions Inc. Chemicals $24.60 mid to upper 20s 37 20 5 for 5'er, multi-year high, 6 consec buy signals, top of DWACHEM
BAM Brookfield Asset Management Finance $58.31 mid to hi 50s 70 47 5 for 5'er, top 20% of FINA sector matrix, LT pos mkt RS, multiple consecutive buy signals Earnings 2/10
SMCI Super Micro Computer, Inc. Computers $45.29 low 40s 52 34 4 for 5'er, top 20% of COMP sector matrix, multiple buy signals, pullback from ATH Earnings 1/31
UMC United Microlectronics Corporation (Taiwan) ADR Semiconductors $11.40 11.50 - 12.50 19 10 4 for 5'er, top half of favored SEMI sector matrix, bullish catapult, 2.4% yield, R-R>3.0, pot. cov. write
SMPL Simply Good Foods Co Retailing $38.50 mid-to-upper $30s 56 31 4 for 5'er top half of RETA sector matrix, bullish catapult, pullback from ATH
BRO Brown & Brown, Inc. Insurance $68.58 low to upper 60s 77 55 5 for 5'er, pos trend since 2010, longterm market RS buy signal, one box from 4th consec buy signal Earnings 1/24
SEE Sealed Air Corporation Business Products $67.77 low-to-mid 60s 89 53 5 for 5'er, top 20% of BUSI sector matrix, multiple consec buy signals Earnings 2/7
SWCH Switch, Inc. Class A Internet $26.05 25 - 28 54.50 22 4 for 5'er #6 of 51 in INET sector matrix, spread triple top, R-R>5.0
IR Ingersoll-Rand Inc. Machinery and Tools $59.52 mid 50s to low 60s 74 49 5 for 5'er, pullback from ATH, 3 consecutive buy signals, pos monthly momentum
LYV Live Nation Entertainment Inc. Leisure $113.87 low 120s to mid 130s 142 98 5 for 5'er, pullback from ATH, long-term market RS buy signal, 2 consecutive buy signals, pos month and weekly momentum
EQH Equitable Holdings Inc Insurance $35.70 mid to upper 30s 47.5 27 4 for 5'er, pullback from ATH, 3 consec buy signals, pos weekly momentum flip, 2.2% yield
STE STERIS PLC Healthcare $234.85 hi 220s - low 240s 316 200 4 for 5'er, top 25% of HEAL sector matrix, LT pos mkt RS, triple top breakout, Earn. 1/31
LAMR Lamar Advertising Company Media $115.04 low 100s - low 120s 158 97 5 for 5'er, top 25% of MEDI sector matrix, pullback from ATH, 3.4% yield.
TROX Tronox Incorporated Chemicals $25.28 mid 20s 43.50 20 5 for 5'er, top 1/3 DWACHEM matrix, 3 weeks pos weekly mom, pullback from rally high, 1.65% yield
ON On Semiconductor Corp. Semiconductors $64.64 mid-to-high 60s 94 56 5 for 5'er, #3 of 61 in SEMI sector matrix, breakout to new ATH, R-R>2.0, Earn. 1/31
NSA National Storage Affiliates Real Estate $64.71 low 60s to low 70s 91 51 5 for 5'er, top 10% DWAREAL matrix, pullback from ATH, 7 consec buy signals, 2.74% yield
SKT Tanger Factory Outlet Centers Real Estate $19.65 19 - 21 34.50 15.50 5 for 5'er, top third of REAL sector matrix,

Short Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes

Removed Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
HD Home Depot, Inc. Building $386.98 high 380s to 410s 540 316 HD fell to a sell signal on Friday. OK to hold here. Raise stop to $324, the next potential sell signal on HD's default chart.

Follow-Up Comments

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DWA Spotlight Stock

 

SKT Tanger Factory Outlet Centers R ($19.43) - Real Estate - SKT is a 5 for 5'er that ranks in the top third of the real estate sector matrix. After giving multiple consecutive buy signals SKT completed a bearish signal reversal in November and continued higher breaking a spread triple top at $21, taking out resistance that had been in place since June. The stock pulled back in December before reversing up earlier this month and currently sits near the middle of its trading band. Long exposure may be added in the $19 - $21 range and we will set our initial stop at $15.50, which would take out two levels of support on SKT's default chart. We will use the bullish price objective, $34.50, as our target price, giving us a reward-to-risk ratio north of 3.0. SKT also carries a 3.75% yield.

 
                                  21                                                                   22    
22.00               •                                 X                                               X       22.00
21.00                 •                               X O                         •                   X O     21.00
20.00                   •                 X           X O                     X   X • •   •           X O 1 Mid 20.00
19.50                     •               X O         X O                     X O X O 7 • X •         X O X   19.50
19.00                       •             X O         X O                     X O X O X O X O •       X C X   19.00
18.50                         •           X O         X O                 X   6 O   O X O X O X • •   B O X   18.50
18.00                           •         X O         X O     X           X O X     O   O • O X O X • A O     18.00
17.50                             •       X O         X O     X O     X   X O X       • •   O X O X O 9       17.50
17.00                               •     X O X   X   3 O X   X O X   X O X 5 X     •       O   8 X O X   •   17.00
16.50 X                               •   X O X O X O X O X O X O X O 4 O X O X   •             O   O X •     16.50
16.00 X O                               • X O X O X O X O X O X O X O X O   O X •                   O •       16.00
15.50 X O                                 X O X 2 X O   O   O   O   O X     O •                     •         15.50
15.00 X O                                 X O X O X                 O       •                               Bot 15.00
14.50 X O                                 X O   O X                       •                                   14.50
14.00   2                                 X     O X                     •                                     14.00
13.50   O                             X   X     O X                   •                                       13.50
13.00   O                             X O X     O X                 •                                         13.00
12.50   O                             X O X     O                 •                                           12.50
12.00   O                             X O                       •                                             12.00
11.50   O                             1                       •                                               11.50
11.00   3                             X                     •                                                 11.00
10.50   O                             C                   •                                                   10.50
10.00   O                     X       X                 •                                                     10.00
9.50   O                     X O     X               •                                                       9.50
9.00   O                     X O     X             •                                                         9.00
8.50   O                     X O X   X           •                                                           8.50
8.00   O X           X       X O X O X         •                                                             8.00
7.50   O X O X       X O X   6 O X O B       •                                                               7.50
7.00   O X O X O     X O X O X O   O A     •                                                                 7.00
6.50   O X O X O     X O X O X     O X   •                                                                   6.50
6.00   O   O   O     X O X 5 X     8 X •                                                                     6.00
5.50           O     X O X O       9 •                                                                       5.50
5.00           O X   X O           •                                                                         5.00
4.75           4 X O X                                                                                       4.75
4.50           O X O X                                                                                       4.50
4.25           O   O                                                                                         4.25
                                  21                                                                   22    

 

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