Today's featured stock is Regions Financial Corporation (RF).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| GPK | Graphic Packaging Intl. | Forest Prods/Paper | $20.80 | 21 - 23 | 26 | 18 | 5 for 5'er, #2 of 15 in favored FORE sector matrix, LT pos mkt RS, triple top, 1.3% yield |
| KDNY | Chinook Therapeutics Inc. | Biomedics/Genetics | $19.66 | 17-20 | 22 | 15 | 5 TA rating, top decile BIOM sect., cons. buy signals, pos. monthly mom. |
| ABBV | AbbVie Inc. | Drugs | $143.01 | low 150s - low 160s | 192 | 134 | 5 for 5'er, top 20% of DRUG sector matrix, 3.7% yield |
| UNH | UnitedHealth Group Incorporated | Healthcare | $517.46 | 510s - 530s | 632 | 432 | 5 for 5'er, top 25% of HEAL sector matrix, LT pos mkt RS, 1.3% yield |
| CI | CIGNA Corporation | Insurance | $282.90 | 260s - low 280s | 356 | 224 | 4 for 5'er, #3 of 67 in INSU sector matrix, new ATH, 1.6% yield |
| TMUS | T-Mobile US Inc. | Telephone | $135.05 | mid 130s - mid 140s | 172 | 120 | 5 for 5'er, #5 of 3 in TELE sector matrix. LT pos mkt RS, triple top breakout |
| MCD | McDonald's Corporation | Restaurants | $247.94 | hi 240s - mid 260s | 324 | 220 | 4 for 5'er, top third of favored REST sector matrix, LT pos mkt RS, bullish triangle, 2.15% yield |
| NOC | Northrop Grumman Systems Corporation | Aerospace Airline | $496.46 | 470s to 510s | 616 | 396 | 4 TA rating, top decile of AERO sect., spread triple top breakout, pos. wkly mom. |
| SBCF | Seacoast Banking Corporation of Florida | Banks | $31.85 | mid 30s | 47 | 29 | 5 for 5'er, 15 of 122 in favored BANK sector matrix, bearish signal reversal,1.9% yield |
| PEP | PepsiCo, Inc. | Food Beverages/Soap | $168.60 | 170s - low 180s | 230 | 152 | 4 for 5'er, top quartile of favored FOOD sector matrix, spread quintuple top, pos mon mom flip, R-R>2.0, 2.6% yield |
| CUBE | CubeSmart | Real Estate | $41.12 | low-high 40s | 72 | 38 | 4 TA rating, top half RETA sect. matrix, buy-on-pullback, 3.55% yield, R-R > 2.5. |
| TPR | Tapestry Inc. | Textiles/Apparel | $30.95 | lo-mid 30s | 46 | 26 | 5 TA rating, cons. buys, LT RS buy, buy-on-pullback, 3.44% yield. |
| SLGN | Silgan HLDG Inc | Household Goods | $43.30 | mid-to-hi 40s | 64 | 38 | 4 for 5'er, top quintile of HOUSE sector matrix, bearish signal reversal, R-R>2.5, 1.4% yield |
| HSY | The Hershey Company | Food Beverages/Soap | $225.52 | 220s - 230s | 292 | 190 | 4 for 5'er, top 10% of favored FOOD sector matrix, shakeout/triple top breakout, good R-R, 1.85% yield |
| EVH | Evolent Health | Software | $35.85 | hi 30s - low 40s | 45 | 32 | 5 for 5'er, 17 of 141 in SOFT sector matrix, LT pos trend & mkt RS, bullish catapult |
| TCOM | Trip.com Group Ltd. | Leisure | $25.60 | mid-hi 20s | 37.50 | 20 | 4 TA rating, top quintile of LEIS sector, consec. buy signals, buy-on-pullback. |
| WCN | Waste Connections, Inc. | Waste Management | $141.06 | low-to-mid $140s | 206 | 118 | 5 for 5'er, #4 of 18 in WAST sector matrix, triple top breakout, R-R>2.0 |
| ADP | Automatic Data Processing, Inc. | Business Products | $230.47 | lo 220s - hi 240s | 368 | 192 | 5 TA rating, tp third BUSI sector, LT pos. trend, buy-on-pullback, R-R > 3. |
| RF | Regions Financial Corporation | Banks | $21.31 | low 20s | 32.50 | 17.50 | 4 for 5'er, top quartile of favored BANK sector matrix, one box from RS buy signal, R-R>3.0, 3.6% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ABC | AmerisourceBergen Corporation | Drugs | $140.01 | mid 140s - mid 150s | 172 | 126 | ABC has fallen to a sell signal. OK to hold here. Maintain $126 stop. |
| GD | General Dynamics Corporation | Aerospace Airline | $228.09 | mid 220s -low 240s | 320 | 204 | GD has fallen to a sell signal. OK to hold here. Maintain $204 stop. |
| ALB | Albemarle Corp | Chemicals | $272.15 | hi 280s - low 300s | 424 | 248 | ALB has fallen to a sell signal OK to hold here. Maintain $248 stop. |
Follow-Up Comments
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DWA Spotlight Stock
RF Regions Financial Corporation R ($20.88) - Banks - RF is a 4 for 5'er that ranks 21st out of 122 names in the favored banks sector matrix. RF sits one box away from giving a market RS buy signal, which would elevate to 1 5 for 5'er. On its default chart, RF gave two consecutive sell signals between April and June before finding support at $18.50 for the second time before rallying to a buy signal in August. Long exposure may be added in the low $20s and we will set our initial stop at $17.50, the potential trend line violation on RF's default chart. We will use the bullish price objective, $32.50, as our target price, giving a reward-to-risk ratio north of 3.0. RF also carries a 3.6% yield.
| 17 | 18 | 19 | 20 | 21 | 22 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 25.00 | X | 2 | 25.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||
| 24.00 | X | 1 | O | X | O | Top | 24.00 | ||||||||||||||||||||||||||||||||||||||||||||||
| 23.00 | 5 | X | O | X | O | X | O | X | 23.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 22.00 | X | X | O | A | O | X | O | O | X | 8 | 22.00 | ||||||||||||||||||||||||||||||||||||||||||
| 21.00 | • | X | O | X | O | X | X | C | 4 | X | O | X | Mid | 21.00 | |||||||||||||||||||||||||||||||||||||||
| 20.00 | X | • | • | • | X | O | X | 6 | 8 | O | X | O | X | O | 7 | 20.00 | |||||||||||||||||||||||||||||||||||||
| 19.50 | X | X | O | 5 | • | X | • | X | 4 | O | X | O | X | 5 | 6 | X | 19.50 | ||||||||||||||||||||||||||||||||||||
| 19.00 | X | O | X | O | X | O | 8 | O | • | X | 7 | X | 9 | O | X | 19.00 | |||||||||||||||||||||||||||||||||||||
| 18.50 | X | O | X | 3 | X | O | X | O | • | X | 2 | O | O | 18.50 | |||||||||||||||||||||||||||||||||||||||
| 18.00 | 1 | 2 | O | O | X | A | • | • | X | O | X | Bot | 18.00 | ||||||||||||||||||||||||||||||||||||||||
| 17.50 | X | 7 | O | B | • | C | • | X | O | X | • | 17.50 | |||||||||||||||||||||||||||||||||||||||||
| 17.00 | C | O | X | O | • | B | O | • | X | O | • | 17.00 | |||||||||||||||||||||||||||||||||||||||||
| 16.50 | X | O | X | O | X | • | • | X | X | O | • | 1 | • | 16.50 | |||||||||||||||||||||||||||||||||||||||
| 16.00 | 3 | B | O | X | O | 2 | O | X | • | X | O | X | 1 | • | X | • | 16.00 | ||||||||||||||||||||||||||||||||||||
| 15.50 | X | O | A | O | C | X | O | X | 7 | O | X | O | X | O | • | X | • | 15.50 | |||||||||||||||||||||||||||||||||||
| 15.00 | 2 | O | 8 | X | O | X | 3 | 4 | O | X | O | 9 | A | 2 | • | X | • | 15.00 | |||||||||||||||||||||||||||||||||||
| 14.50 | X | O | 5 | O | X | O | X | O | X | O | X | 8 | X | • | O | • | • | B | • | 14.50 | |||||||||||||||||||||||||||||||||
| 14.00 | C | O | X | O | X | O | 1 | O | X | 5 | • | O | X | • | O | X | • | X | • | 14.00 | |||||||||||||||||||||||||||||||||
| 13.50 | X | 4 | X | 9 | O | X | O | • | • | O | • | O | X | O | X | • | 13.50 | ||||||||||||||||||||||||||||||||||||
| 13.00 | X | O | O | X | • | • | 3 | X | O | X | • | 13.00 | |||||||||||||||||||||||||||||||||||||||||
| 12.50 | X | O | • | O | 6 | O | A | • | 12.50 | ||||||||||||||||||||||||||||||||||||||||||||
| 12.00 | X | • | • | O | X | O | X | • | 12.00 | ||||||||||||||||||||||||||||||||||||||||||||
| 11.50 | X | • | O | X | O | 8 | • | 11.50 | |||||||||||||||||||||||||||||||||||||||||||||
| 11.00 | B | • | O | X | X | X | O | X | • | 11.00 | |||||||||||||||||||||||||||||||||||||||||||
| 10.50 | A | • | O | X | O | X | O | X | 7 | X | • | 10.50 | |||||||||||||||||||||||||||||||||||||||||
| 10.00 | 6 | X | • | O | X | X | O | X | O | X | O | • | 10.00 | ||||||||||||||||||||||||||||||||||||||||
| 9.50 | X | O | 8 | • | O | X | O | X | O | X | 5 | X | • | 9.50 | |||||||||||||||||||||||||||||||||||||||
| 9.00 | 4 | O | X | • | O | X | O | X | O | O | X | • | 9.00 | ||||||||||||||||||||||||||||||||||||||||
| 8.50 | 3 | O | X | • | O | X | 4 | X | O | • | 8.50 | ||||||||||||||||||||||||||||||||||||||||||
| 8.00 | X | O | • | O | X | O | • | 8.00 | |||||||||||||||||||||||||||||||||||||||||||||
| 7.50 | X | • | O | X | 7.50 | ||||||||||||||||||||||||||||||||||||||||||||||||
| 7.00 | • | O | 7.00 | ||||||||||||||||||||||||||||||||||||||||||||||||||
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