Daily Equity Roster
Published: May 6, 2024
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 D.R. Horton Inc (DHI).

 

Long Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
KRG Kite Realty Group Trust Real Estate $21.07 19 - 21 34.50 16 5 for 5'er, 11 of 113 in REAL sector matrix, LT pos mkt RS, spread quintuple top, 4.65% yield
OEC Orion SA Chemicals $23.60 22 - 24 45.50 19 4 for 5'er, top third of CHEM sector matrix, LT pos mkt RS, spread quad top, R-R>5, Earn. 5/2
CCEP Coca-Cola Europacific Partners PLC Food Beverages/Soap $71.81 60s 97 56 5 for 5'er, top 25% of FOOD sector matrix, spread quad top, R-R~3.0, 3% yield
CXT Crane NXT Co. Electronics $61.52 hi 50s - low 60s 76 48 Top half of MACH sector matrix, bullish catapult, Earn. 5/8
MMC Marsh & McLennan Companies, Inc. Insurance $199.27 190s - low 200s 234 180 5 for 5'er, favored INSU sector, LT pos mkt RS, quad top breakout, 1.4% yield
BLMN Bloomin' Brands Inc Restaurants $25.61 hi 20s - low 30s 41 24 5 for 5'er, #10 of 27 in REST sector matrix, LT pos mkt RS, quintuple top, R-R>2.0, 3.2% yield, Earn. 5/7
HRB H&R Block, Inc. Business Products $47.53 mid 40s - lo 50s 71 39 5 TA rating, top 33% of BUSI sector matrix, LT pos trend, LT pos. mkt. RS, buy-on-pullback, R-R > 2, Earn. 5/9
RPM RPM, Inc. Chemicals $109.22 mid 100s - hi 110s 159 91 5 TA rating, LT RS buy, consec. buy signals, top 50% of CHEM sector matrix, buy-on-pullback, R-R > 2
GS Goldman Sachs Group, Inc. Wall Street $438.18 hi 380s - low 410s 484 348 4 for 5'er, top half of WALL sector matrix, one box from mkt RS buy signal, quad top breakout, 2.75% yield
CI CIGNA Group/The Insurance $341.50 332 - lo 360s 428 288 5 TA rating, top half of INSU sector matrix, LT RS buy, buy-on-pullback
AVNT Avient Corp Chemicals $44.16 low 40s 71 35 4 for 5'er, top half of favored CHEM sector matrix. LT pos mkt RS, spread triple top, R-R>4.0, 2.5% yield Earn. 5/7
REVG REV Group Inc Autos and Parts $23.25 19 - lo 20s 33.50 17 5 TA rating, top decline of ATUO sector matrix, LT RS buy, R-R > 3
BAH Booz Allen Hamilton Holding Business Products $147.25 140s 193 114 5 for 5'er, top 25% of favored BUSI sector matrix, LT pos peer RS, pullback from ATH, 1.5% yield, Earn. 5/24
GBX The Greenbrier Companies, Inc. Transports/Non Air $52.23 hi 40s - low 50s 87 43 5 for 5'er, top 20% of favored TRAN sector matrix, pullback from multi-year high, R-R>4.0, 2.3% yield
JPM J.P. Morgan Chase & Co. Banks $190.51 lo 180s - hi 190s 258 148 5 TA rating, RS buy, top 10% of BANK sector matrix, consec. buy signals
WSM Williams-Sonoma, Inc. Retailing $304.70 280s - 290s 362 232 5 for 5'er, #2 of 84 in RETA sector matrix, multi buy signals, pullback from ATH, 1.6% yield, Earn. 5/21
PSTG Pure Storage Semiconductors $52.24 $49 to $58 $74 $38 5 for 5'er, pos. trend since June 2023, ranks 3rd in Semiconductors sector matrix. Earnings 5/29.
ORCL Oracle Corporation Software $115.80 110s - low 120s 150 99 4 for 5'er, top half of SOFT sector matrix. LT pos mkt RS, spread triple top, pullback from ATH, 1.4% yield
AMP Ameriprise Financial Finance $418.95 390s - 410s 532 368 5 for 5'er, top half of FINA sector matrix, LT pos peer & mkt RS, triple top, pullback from ATH, 1.4% yield
LIN Linde Plc Chemicals $423.60 hi 410s - lo 460s 572 360 5 TA rating, consec. buy signals, LT RS buy, buy-on-pullback
OMF OneMain Holdings Inc. Finance $51.20 hi 40s - low 50s 81 43 5 for 5'er, top half of FINA sector matrix, LT pos mkt RS, multiple buy signals, R-R>3.0, 7.9% yield
KBR KBR, Inc. Aerospace Airline $66.79 mid-hi 60s 92 54 4 TA rating, top half of AERO sector RS matrix, LT pos. mkt. RS, consec. buy signals, R-R > 2
DHI D.R. Horton, Inc. Building $148.48 mid 140s - 150s 178 134 5 for 5'er, favored BUIL sector, LT pos peer RS, bearish signal reversal

Short Ideas

Symbol Company Sector Current Price Action Price Target Stop Notes
MTCH Match Group, Inc. Internet $31.93 (mid 30s) 26 40 0 for 5'er, bottom half of INET sector matrix, LT neg trend & RS, Earn. 5/7
MRVL Marvell Technology Inc. Semiconductors $68.51 (70 - 65) 51 77 2 for 5'er, middle of unfavored SEMI sector matrix, spread quad bottom

Follow-Up Comments

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NDW Spotlight Stock

 

DHI D.R. Horton, Inc. R ($150.81) - Building - DHI is a5for 5'er that belongs to the favored building sector matrix and has been on a peer RS buy signal since 2009. After giving three consecutive sell signals, DHI found support at $140 for a third time this year and returned to a buy signal last week when it completed a bearish signal reversal at $150. Long exposure may be added in the mid $140s to $150s and we will set our initial stop at $134, the potential trend line violation on DHI's default chart. We will use the bullish price objective, $178, as our target price.

 
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162.00                                                                                     X O               162.00
160.00                                                                                     X O               160.00
158.00                                                                                     X 4               158.00
156.00                                                                     X           X   X O               156.00
154.00                                                                 X   1 O         X O X O X             154.00
152.00                                                                 X O X O         X O X O X O     X   Mid 152.00
150.00                                                                 X O X O         3 O   O X O     X     150.00
148.00                                                                 X O   O X   X   X     O X O X   5     148.00
146.00                                                                 X     O 2 O X O X     O   O X O X     146.00
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140.00                                                                 X     O       O               O       140.00
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134.00                                                               X                                   134.00
132.00                                                 X             C                                   132.00
130.00                                                 X O           X                                   130.00
128.00                                                 X O X         X                                 Bot 128.00
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124.00                                             X   X 8 X O       X                                   124.00
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112.00                                         5   6             O     X                                   112.00
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108.00                                         X O X             O X   B                                   108.00
106.00                                         X O             A X O X                                   106.00
104.00                 X                       X               O X O X                                   104.00
102.00                 X O                     X               O   O                                     102.00
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94.00     X O X O X         O     X O X                                                                   94.00
93.00     X O   O X         O 3   X O                                                                     93.00
92.00 X   X     O X         O X O X                                                                       92.00
91.00 X O 1     O           O X O X                                                                       91.00
90.00 X O X                 O   O                                                                         90.00
89.00 X O X                                                                                               89.00
88.00 X O X                                                                                               88.00
87.00 X O X                                                                                               87.00
86.00 X O X                                                                                               86.00
85.00 X O                                                                                                 85.00
84.00 X                                                                                                   84.00
83.00                                                                                                     83.00
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