Most Requested Symbols
Daily Summary
Weekly Asset Class Updates
Aggregated video and research updates for major asset classifications through 5/6/2025.
Market Distribution Table
The curve has an average reading of 1.13%.
Daily Equity Roster
Today's featured stock is Aztec Manufacturing Co. (AZZ).
Analyst Observations
Comments include: ALB, FANG, GOOGL, HALO, PLNT, & SKYW.
Daily Option Ideas
Call: Live Nation Entertainment (LYV); Put: Archer-Daniels-Midland Company (ADM); Covered Write: The Boeing Company (BA).
Weekly Video
Weekly Rundown Video - May 7, 2025
Weekly rundown with NDW analyst team covering all major asset classes.
Weekly rundown with NDW analyst team covering all major asset classes.
Downward price action over the last two months resulted in many relative strength changes, but among the first to occur were between value and growth. In early March, the Large Cap Growth group fell behind the Large Cap Value group within Asset Class Group Scores for the first multiday period since the start of 2023. Meanwhile, the RS chart between the Vanguard Value ETF (VTV) over the Vanguard Growth ETF (VUG) reversed into a column of Xs in favor of value. While the reversal acted as a near-term sign of weakness from growth, the relationship still favored growth in the long-term given the strength it earned over the previous two years. Since those initial changes, the market underwent further downside action before swiftly returning to its pre-April levels. Given the movement, should we prefer growth or value stocks when evaluating large caps?
Growth segments saw greater downside relative to the market last month, but the recovery of the group also outpaced most areas of the market. The VTV vs VUG relative strength matchup still favors value in the near-term, but several signs point towards relative improvement within growth in the last few weeks. The US Large Cap Growth group currently holds an average score of 3.46, which is a quarter of a point higher than the US Large Cap Value group—the widest lead in favor of either group since February. The overall score of both groups remains below strong territory above 4.0, but it’s still an encouraging development for growth stocks.
Those two groups can provide insight into the broader large cap space, but some investors may only be interested in the S&P 500 (SPX). We can look at the iShares S&P 500 Growth ETF (IVW) and iShares S&P 500 Value ETF (IVE) as more precise SPX representatives. Looking at their charts, IVW maintained its positive trend and long-term market RS despite its pullback. Meanwhile, IVE lacks long-term market RS and just flipped its trend back to positive last week. Comparing their fund scores, IWM’s 4.65 score is far greater than IVE’s 2.66 score, thanks in part to the long-term strength growth stocks have displayed.
Underneath the hood of the market, there’s more developments to support the relative improvement of growth stocks. The bullish percent for large cap growth stocks (^BPLCG) is at 81%—up from 12% at its April low—for its highest levels since early 2023. Value stocks have also improved notably, but the bullish percent for large cap value (^BPLCV) sits at a more muted 62%, in addition to improving far less than the growth group. While both groups have rebounded, the improvement within growth stocks has been more broad based than that of value stocks. Growth may have trouble moving its bullish percent above current elevated levels, but more stocks contributing to the upside is still a positive overall. While the growth stocks aren’t as strong as they were entering 2025, they’ve shown enough improvement to place them further ahead of value compared to the last couple months, especially when focusing on large cap equities.
Today’s feature will continue with our coverage of several popular pre-made models after their quarterly evaluation earlier this week. For those that missed yesterday’s pulse covering trades for the CoreSolution US Core & All-Cap World ETF models, click here.
2025 has brought plenty to talk about. From struggles domestically to international strength, themes in 2025 have marked a stout shift from the ones markets brought to us over the last few years. When building out a weight of the evidence case in our analysis, the analyst team will frequently look for consistency across the platform. This can come in many forms, from absolute/relative improvement, gains on broader asset allocation tools like DALI or the Asset Class Group Scores page or shifts in our vast set of pre-made models. Today’s feature will continue our discussion on the latter.
Building on yesterday’s pulse which discussed a handful of popular ETF tactical models, our conversation today will focus on notable shifts for the FSM T Rowe Price 5S PR4050 (FSMWFTROWEPRICE5SPR4050) & American Funds 5S PR4050 (FSMAMERFUNDS5SPR4050) models. Each model uses the FSM Methodology to tactically rotate between a respective suite of T Rowe & American Funds mutual funds, respectively. This quarter’s evaluation brought several major shifts in the model’s broader allocation, seeing both drop broad domestic equity exposure as we move further into what has been a poor 2025 for the asset class. The American Funds Model shed exposure to two domestic equity holdings in favor of an international representative (IGAAX) & one fixed income option (AHITX). The shifts do highlight the growing number of areas challenging the core for relative strength. Within the American Funds model specifically, May’s changes now see the model earn its lowest domestic allocation since May of 2024. For the year, the model is off roughly 1.5%, beating its benchmark by nearly 2% so far in 2025.
FSMWFTROWEPRICE5SPR4050 saw three trades take place during our May evaluation. In a similar fashion to other models on the platform, the trades saw the model step away from the domestic space. In its place the model picked up three international options underneath the hood… its highest respective allocation since 2021. The table below breaks down total international exposure for FSMWFTROWEPRICE5SPR4050 by year. It is worth nothing that the table below organizes the data by year, but the underlying model evaluates on a quarterly basis. This doesn’t have a material impact on the data, but is at least worth mentioning to prevent confusion. FSMWFTROWEPRICE5SPR4050 maintains attractive return metrics across all of NDW’s observed timeframes. Straying from the core can sometimes be difficult to stomach and a move that clients aren’t used to, especially after the last few years. Today’s piece goes to show that shifting allocation away from the core of the market isn’t always a bad thing. In fact, complete domestic equity allocation for FSMWFTROWEPRICE5SPR4050 is historically rare. Going back to the chart below, the model has held five (of five possible holdings) domestic equity representatives only 25% of the time since 1996. Said otherwise, 75% of the time the model has exposure to some other broad asset class.
To wrap up today’s piece, we will journey back to this idea of “consistency.” International equities have certainly improved on an absolute basis in 2025, leading to relative improvements as well. Building on both of those ideas is inclusion of the asset group within NDW’s sleeve of premade models, like we have seen in today’s feature and yesterday’s pulse. All that said, keeping track of shifts in broader strength is paramount as markets digest action. The screenshot below details how to set alerts on models so you can be alerted going forwards as model changes arise.
All weekly video updates for major asset classifications can be found below. Links to the latest research articles are also included for each corresponding asset class, which are updated weekly.
Major Index & DALI Review
Weekly Video Update - 5/7/2025
Article - Domestic Equities Passes Bogey Check (5/5/2025)
Article - Seasonally Weak Six Months Ahead (5/1/2025)
Article - PTSPX Reverses Higher (4/30/2025)
Article - First 100 Days Revisited (4/30/2025)
Article - S&P 500 Volatility Study (4/29/2025)
Article - BPSPX Shoots Higher (4/24/2025)
Article - VIX Remains Elevated (4/22/2025)
Article - ^PTSPX Moves Below Key Level (4/16/2025)
Article - Monetizing a Rally Amid High Volatility (4/15/2025)
Article - BPNYSE Reverses Back Up (4/15/2025)
Article - US Dollar Study - Falling Regime (4/14/2025)
Article - Four SPX 3% Moves in April (4/11/2025)
Article - The Rollercoaster Ride (4/10/2025)
Article - On Reversal Watch (4/8/2025)
Article - Examining Different Cash Triggers (4/7/2025)
Momentum Updates
Weekly Video Update - 5/7/2025
Article - Seasonal Switching with Momentum & Low Vol (5/2/2025)
Article - Momentum Bounces Back (4/25/2025)
Article - Q1 2025 Evaluations for PDP & DWAS (3/31/2025)
Fund Score Overview
Weekly Video Update - 5/7/2025
Article - FSM Evaluations (5/6/2025)
Article - Core Equity Market Moves Lower (4/21/2025)
Size & Style Updates
Weekly Video Update - 5/7/2025
International Equities Overview
Weekly International Video Update - 5/7/2025
Weekly US Dollar Video Update - 5/7/2025
Article - Focused Country Updates (4/28/2025)
Article - International Passes Cash Bogey Check (4/25/2025)
Article -Developed Markets Improve Behind Strong Euro (4/23/2025)
Article - Relative Strength in ADRs (4/21/2025)
Article - EFA Leads the Pack (4/17/2025)
Article - US Dollar Study - Falling Regime (4/14/2025)
Alternative Asset & Cryptocurrency Updates
Weekly Commodities Video Update - 5/7/2025
Weekly Crypto Video Update - 5/7/2025
Article - Gold Pulls Back (4/23/2025)
Article - Crude Oil Returns to a Buy Signal (4/22/2025)
Article - US Dollar Study - Falling Regime (4/14/2025)
Fixed Income Updates
Each week the analysts at NDW review and comment on all major asset classes in the global markets. Shown below is the summary or snapshot of the primary technical indicators we follow for multiple areas. Should there be changes mid-week we will certainly bring these to your attention via the report.
| Universe | BP Col & Level (actual) | BP Rev Level | PT Col & Level (actual) | PT Rev Level | HiLo Col & Level (actual) | HiLo Rev Level | 10 Week Col & Level (actual) | 10 Week Rev Level | 30 Week Col & Level (actual) | 30 Week Rev Level |
|---|---|---|---|---|---|---|---|---|---|---|
| ALL |
|
32% |
|
28% |
|
50% |
|
42% |
|
26% |
| NYSE |
|
44% |
|
30% |
|
54% |
|
42% |
|
26% |
| OTC |
|
28% |
|
26% |
|
50% |
|
42% |
|
26% |
| World |
|
36% |
|
24% |
|
|
|
40% |
|
30% |
U.S. Sector Updates
The past week saw no significant technical developments in the Financials Sector. Those that saw noteworthy movement are included below, in order of their relative strength ranking in the DALI domestic equity sector rankings, as of 5/7/25. Sector designations are based on DALI sector rankings and are as follows: 1 - 3 overweight, 4 - 7 equal weight, and 8 - 11 underweight.
Communication Services – Overweight
Weekly Communications Video (3:37)
Broadly speaking, the communication services groups remains a point of strength against other sectors. More traditional telecom names continue to lead the way as roughly one of every two focused telecom stocks sits on a Point & Figure buy signal (second to only Utilities at 54% as of 5/7.) META remains technically actionable but has plenty of resistance up above. GOOGL (GOOG) slipped on reports that AI capabilities may challenge the previously entrenched "Search" revenue line. T is a name to look towards as it establishes support above old resistance from the past few years. Watch for reversals higher.
Industrials – Overweight
Weekly Industrials Video (3:03)
The industrials group remained somewhat insulated over the most recent market exhale, exactly what you would expect a high RS Sector to do- with that said, many representatives still have strong technical postures as we open May, but back and forth action does leave lots of resistance ahead for broad representative XLI. WLFC plummeted on the back of earnings and long exposure isn't favorable around current levels. PWR & CPRT look strong around current levels.
Utilities – Overweight
The Utilities Select Sector SPDR Fund (XLU) rallied 1.5% over the past week and returned to a buy signal by breaking a quadruple top at $81, shifting the trend back to positive during the process and increasing the ETF’s fund score up to 4.43. The bullish percent (^BPECUTILITY) and positive trend (^PTECUTILITY) both increased over the past week, suggesting stocks are continuing to return to a buy signals and shift back into a positive trend on their default point and figure charts. Constellation Energy (CEG) reported a miss on earnings but maintained forward guidance, leading the stock to climb and test the negative trend line. Vistra (VST) reported a Q1 loss during Wednesday's trading session, while NiSource NI beat and raised guidance. Notable earnings to monitor are Duke Energy (DUK) and Atmos (ATO).
Discretionary – Equal Weight
Weekly Discretionary Video (3:50)
While Discretionary stocks were down 76 basis points over the past one week roll by way of the Discretionary Select Sector SPDR Fund (XLY), action late last week saw the fund give a second buy signal on its default point and figure chart. The Textiles (DWATEXT), Autos & Parts (DWAAUTO), and Building (DWABUIL) industries were notable highlights as each was up more than 2%. The bullish percent for the broader sector (^BPECCONCYC) continued to climb, suggesting more stocks are returning to buy signals. Amazon AMZN reported earnings on Thursday last week, leading to a second buy signal on Friday before consolidating in the upper $180s, just below the middle of the 10-week trading band. Notable earnings to wrap up this week include Acushnet Holdings (GOLF), Carvana (CVNA), and DraftKings (DKNG).
Technology – Equal Weight
Weekly Technology Video (3:24)
Technology gained relative strength over the past week to move into the sixth position in our DALI sector rankings. This still leaves the sector with an equal weight recommendation, but the RS is heading in the right direction. The broad technology fund XLK has continued to demonstrate strength and is now testing its negative trend line. Further improvement to $220 would move it back to a positive trend. More technology stocks are moving to positive trends, as shown by a reversal higher in the ^PTECTECH indicator from 14% to 20%. AVGO was among these names to move back into a positive trend and shows an actionable technical picture with the recent pullback from rally highs Tuesday. PLTR also has shown consistent improvement, and has a favorable technical picture on its current pullback. NVDA is testing its trendline with three weeks to go until its earnings release. The stock would move back to a buy signal and positive trend with a move to $116 from the current position, while initial support is seen at $96.
Staples – Equal Weight
The Consumer Staples sector was roughly flat over the last week, seeing Select Sector SPDR Fund XLP gain 0.1%. However, action this week saw Staples fall behind Technology to the 7th spot within DALI’s sector rankings, but it maintains equal weight status for now. Within Asset Class Group Scores, the sector holds an acceptable average score of 3.38. Strength within Staples still resides more prevalently within mega caps, as the cap weighted XLP has a sizable 1.47-point fund score lead over the Invesco S&P Equal Weight Consumer Staples ETF (RSPS). Over last week, BellRing Brands (BRBR) plummeted on earnings to bring it down to a 3 for 5’er; it’s still ok to hold for now. Monster (MNST) also set new all-time highs and the strong 5 for 5’er reports earnings on the 8th.
Materials – Underweight
Basic materials remain in underweight territory in the DALI sector rankings and the Materials Select Sector SPDR fund has a weak technical picture with a fund score below 1.0. However, while the outlook for the broad sector is unfavorable, precious metals have been one of the most reliable areas of relative strength over the last several months.
Real Estate – Underweight
Weekly Real Estate Video (2:30)
Real Estate outpaced the market over the last week, seeing select sector SPDR fund XLRE gain 1.2%. However, the sector continues to lack from a relative strength perspective, maintaining its 9th position within DALI’s sector ranks. Within Asset Class Group Scores, the sector holds an average score of 2.72, which is below the acceptable 3.0 threshold. Long-term participation also remains lacking within the sector, as the Positive Trend for Real Estate (^PTECREALEST) sits in low territory at 25%. As such, the sector remains one to underweight for the time being. Over the last week, Essex Property Trust (ESS) and Regency Centers Corporation (REG) both returned to a positive trend, bringing them up to 4 for 5’ers.
Healthcare – Underweight
Weekly Healthcare Video (1:59)
Healthcare remains a weak sector as it places 10th in the DALI Sector Rankings. On the Asset Class Group Score Page, the sector has an average score of 1.29, well below the acceptable 3.0 threshold. The Health Care Select Sector SPDR ETF (XLV) reversed into a column of Os on Tuesday and was down -3.55% in the previous week (as of 5/6 close). XLV still maintains a weak fund score of 1.50 with strong negative score direction. On the broader level, the Positive Trend For Healthcare (^PTECHEALTH) remains in a column of Os and has a current reading of 16%, indicating low levels of participation. Continue to underweight Healthcare until the technical picture improves.
Energy – Underweight
Energy sits at the bottom of the DALI sector rankings and the technical picture for the Energy Select Sector SPDR Fund (XLE) remains unfavorable with a fund score below 2.0. Crude oil prices has stagnated near multi-year lows for the last several weeks, a major headwind for the sector; until oil prices begin to rebound, significant improvement in the sector could be elusive.
Remember, these are technical comments only. Just as you must be aware of fundamental data for the stocks we recommend based on technical criteria in the report, so too must you be aware of important data regarding delivery, market moving government releases, and other factors that may influence commodity pricing. We try to limit our technical comments to the most actively traded contracts in advance of delivery, but some contracts trade actively right up to delivery while others taper off well in advance. Be sure you check your dates before trading these contracts. For questions regarding this section or additional coverage of commodities email james.west@nasdaq.com.
Data represented in the table below is through 05/07/2025:
Broad Market Commodities Report
Portfolio View - Commodity Indices
| Symbol | Name | Price | PnF Trend | RS Signal | RS Col. | 200 Day MA | Weekly Mom |
|---|---|---|---|---|---|---|---|
| CL/ | Crude Oil Continuous | 59.09 | Negative | Sell | O | 70.36 | - 14W |
| DBLCIX | Deutsche Bank Liquid Commodities Index | 443.36 | Negative | Sell | O | 460.07 | - 12W |
| DWACOMMOD | NDW Continuous Commodity Index | 959.71 | Positive | Buy | O | 906.12 | + 1W |
| GC/ | Gold Continuous | 3411.40 | Positive | Buy | X | 2754.73 | + 9W |
| HG/ | Copper Continuous | 4.74 | Negative | Buy | X | 4.37 | - 6W |
| ZG/ | Corn (Electronic Day Session) Continuous | 455.50 | Positive | Sell | X | 438.10 | - 1W |
Average Level
1.13
| < - -100 | -100 - -80 | -80 - -60 | -60 - -40 | -40 - -20 | -20 - 0 | 0 - 20 | 20 - 40 | 40 - 60 | 60 - 80 | 80 - 100 | 100 - > |
|---|---|---|---|---|---|---|---|---|---|---|---|
| < - -100 | -100 - -80 | -80 - -60 | -60 - -40 | -40 - -20 | -20 - 0 | 0 - 20 | 20 - 40 | 40 - 60 | 60 - 80 | 80 - 100 | 100 - > |
| AGG | iShares US Core Bond ETF |
| USO | United States Oil Fund |
| DIA | SPDR Dow Jones Industrial Average ETF |
| DVY | iShares Dow Jones Select Dividend Index ETF |
| DX/Y | NYCE U.S.Dollar Index Spot |
| EFA | iShares MSCI EAFE ETF |
| FXE | Invesco CurrencyShares Euro Trust |
| GLD | SPDR Gold Trust |
| GSG | iShares S&P GSCI Commodity-Indexed Trust |
| HYG | iShares iBoxx $ High Yield Corporate Bond ETF |
| ICF | iShares Cohen & Steers Realty ETF |
| IEF | iShares Barclays 7-10 Yr. Tres. Bond ETF |
| LQD | iShares iBoxx $ Investment Grade Corp. Bond ETF |
| IJH | iShares S&P 400 MidCap Index Fund |
| ONEQ | Fidelity Nasdaq Composite Index Track |
| QQQ | Invesco QQQ Trust |
| RSP | Invesco S&P 500 Equal Weight ETF |
| IWM | iShares Russell 2000 Index ETF |
| SHY | iShares Barclays 1-3 Year Tres. Bond ETF |
| IJR | iShares S&P 600 SmallCap Index Fund |
| SPY | SPDR S&P 500 Index ETF Trust |
| TLT | iShares Barclays 20+ Year Treasury Bond ETF |
| GCC | WisdomTree Continuous Commodity Index Fund |
| VOOG | Vanguard S&P 500 Growth ETF |
| VOOV | Vanguard S&P 500 Value ETF |
| EEM | iShares MSCI Emerging Markets ETF |
| XLG | Invesco S&P 500 Top 50 ETF |
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc | Wall Street | $512.33 | 480s - low 500s | 556 | 432 | 5 for 5'er, top 20% of WALL sector matrix, LT pos mkt RS, multiple buy signals, buy on pullback |
| WRB | W. R. Berkley Corporation | Insurance | $72.66 | mid 60s - lo 70s | 115 | 55 | 4 TA rating, top 25% of INSU sector matrix, LT RS buy, LT pos trend, R-R > 2 |
| ADC | Agree Realty Corporation | Real Estate | $76.66 | mid-to-upper 70s | 100 | 67 | 4 for 5'er, top 10% of REAL sector matrix. spread quad top, R-R>2.0, 3.9% yield |
| ROL | Rollins, Inc. | Business Products | $56.81 | 52 - hi 50s | 77 | 45 | 5 TA rating, top 25% of BUSI sector matrix, LT pos trend, RS buy, pos wkly mom |
| AVGO | Broadcom Ltd | Semiconductors | $200.09 | 180s - 190s | 254 | 160 | 4 for 5'er, top 20% of SEMI sector matrix, LT pos mkt RS, pos trend flip, spread triple top, R-R>2.0 |
| BYD | Boyd Gaming Corp | Gaming | $69.08 | hi 60s - low 70s | 90 | 58 | 4 for 5'er, top 20% of GAME sector matrix, triple top, pos trend flip, 1.1% yield |
| AMP | Ameriprise Financial | Wall Street | $475.66 | 448-490s | 568 | 396 | 5 TA rating, top 33% of WALL sector matrix, LT pos mkt RS, recent pos trend, pos wkly mom |
| UNM | Unum Group | Insurance | $79.49 | 74 - 80 | 89 | 64 | 5 for 5'er, top 10% of INSU sector matrix, LT pos peer & mkt RS, buy on pullback, 2.1% yield |
| ADSK | Autodesk, Inc. | Software | $278.64 | 270s - 290s | 340 | 232 | 5 for 5'er, top half of favored SOFT sector matrix, LT pos peer RS, triple top, pos trend flip, Earn. 5/22 |
| ALL | The Allstate Corporation | Insurance | $202.06 | 190s - low 200s | 230 | 176 | 4 for 5'er, top third of favored INSU sector matrix, pos trend flip, 2% yield |
| VIRT | Virtu Financial | Wall Street | $41.37 | 38-mid 40s | 60 | 31 | 4 TA rating, pos trend, recent RS buy, top 10% of WALL sector matrix, consec. buy signals |
| AZZ | Aztec Manufacturing Co. | Electronics | $89.79 | mid 80s - low 90s | 108 | 73 | 5 for 5'er, #6 of 52 in ELEC sector matrix, spread quad top |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| TJX | The TJX Companies, Inc. | Retailing | $128.46 | 120 - 130 | 158 | 106 | Removed for earnings. Earn. 5/21 |
Follow-Up Comments
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NDW Spotlight Stock
AZZ Aztec Manufacturing Co. R ($88.29) - Electronics - AZZ is a 5 for 5'er that ranks sixth out of 52 names in the electronics sector matrix. After giving five consecutive sell signals, AZZ rallied and has now completed three consecutive buy signals, most recently breaking a spread quadruple top at $89. Long exposure may be added in the mid $80s to low $90s and we will set our initial stop at $73, which would take out multiple levels of support on AZZ's chart and drop it to a negative trend. We will use the bullish price objective, $108, as our target price.
| 99.00 | X | • | • | 99.00 | |||||||||||||||||||||||||
| 98.00 | X | X | O | X | • | 98.00 | |||||||||||||||||||||||
| 97.00 | X | O | X | O | X | O | • | 97.00 | |||||||||||||||||||||
| 96.00 | X | O | X | O | X | O | • | 96.00 | |||||||||||||||||||||
| 95.00 | X | O | O | O | • | 95.00 | |||||||||||||||||||||||
| 94.00 | X | 3 | • | 94.00 | |||||||||||||||||||||||||
| 93.00 | • | X | O | • | 93.00 | ||||||||||||||||||||||||
| 92.00 | • | X | O | • | 92.00 | ||||||||||||||||||||||||
| 91.00 | • | X | O | X | • | X | 91.00 | ||||||||||||||||||||||
| 90.00 | X | O | X | O | • | X | 90.00 | ||||||||||||||||||||||
| 89.00 | X | O | X | O | • | X | 89.00 | ||||||||||||||||||||||
| 88.00 | O | X | X | O | • | O | X | X | • | X | 5 | 88.00 | |||||||||||||||||
| 87.00 | O | X | O | X | • | • | O | X | O | X | O | X | • | X | O | X | 87.00 | ||||||||||||
| 86.00 | O | X | O | X | • | O | X | O | X | O | 4 | O | X | • | • | X | O | X | Mid | 86.00 | |||||||||
| 85.00 | O | 2 | X | • | O | O | X | O | X | O | X | O | X | • | X | O | 85.00 | ||||||||||||
| 84.00 | O | X | • | O | X | O | X | O | X | O | X | X | O | X | 84.00 | ||||||||||||||
| 83.00 | O | • | O | X | O | O | X | O | X | O | X | O | X | 83.00 | |||||||||||||||
| 82.00 | • | O | X | O | X | O | X | O | X | O | 82.00 | ||||||||||||||||||
| 81.00 | • | O | O | X | O | X | O | X | 81.00 | ||||||||||||||||||||
| 80.00 | • | O | X | O | O | X | 80.00 | ||||||||||||||||||||||
| 79.00 | O | X | O | X | 79.00 | ||||||||||||||||||||||||
| 78.00 | O | X | O | X | • | 78.00 | |||||||||||||||||||||||
| 77.00 | O | X | O | X | • | 77.00 | |||||||||||||||||||||||
| 76.00 | O | X | O | X | • | 76.00 | |||||||||||||||||||||||
| 75.00 | O | X | O | X | • | 75.00 | |||||||||||||||||||||||
| 74.00 | O | X | O | • | 74.00 | ||||||||||||||||||||||||
| 73.00 | O | X | • | • | 73.00 | ||||||||||||||||||||||||
| 72.00 | O | X | • | 72.00 | |||||||||||||||||||||||||
| 71.00 | O | • | 71.00 |
| ALB Albemarle Corp ($55.68) - Chemicals - ALB fell to a sell signal Wednesday when it broke a double bottom at $56, where it now sits against support. The return to a sell signal adds to an already weak technical picture as ALB is a 0 for 5'er that ranks in the bottom decile of the chemicals sector matrix. |
| FANG Diamondback Energy Inc ($128.60) - Oil - After giving two consecutive buy signals, FANG fell to a sell signal Wednesday when it broke a double bottom at $130. The move adds to an already weak technical picture as FANG is a 1 for 5'er that ranks in the bottom half of the oil sector matrix. From here, the next level of support on FANG's chart sits at $120. |
| GOOGL Alphabet Inc. Class A ($151.38) - Internet - GOOGL fell today as reports noted AI might challenge Google's search engine capabilities. The stock remains a poor attribute name and holders should watch price action carefully. Now down roughly 20% so far this year, it sits within striking distance of 2025 lows. Cut on rallies. |
| HALO Halozyme Therapeutics Inc. ($70.14) - Biomedics/Genetics - HALO reversed sharply into a column of Xs on Wednesday, breaking a double top at $63 and reaching a new all-time high above $70. The 5 for 5’er moved into a positive trend earlier this year and ranks in the top quintile of the biomedics/genetics sector matrix. The weekly OBOS indicates that the stock is in heavily overbought territory, so wait for the 10-week trading band to normalize before considering. Support can be seen at various points between $56-$59. |
| PLNT Planet Fitness Inc ($102.32) - Leisure - PLNT broke a triple top at $100 to return to a buy signal as shares rallied to $102, matching the March rally high. The stock is a 5 for 5'er that ranks within the top quintile of the Leisure sector matrix. Okay to consider here on the breakout or on a pullback to $98 on the chart. Note resistance at current levels as well as the January all-time chart high at $108. Initial support lies at $93, the bullish support line, while additoinal can be found at $91 and $88. |
| SKYW Skywest Inc ($97.35) - Aerospace Airline - SKYW reversed into Xs and broke a double top at $97 for a third buy signal as shares rallied to $98. This move follows the stock shifting back into a positive trend during last week's trading, pushing the stock up to a 3 for 5'er. Okay to consider here on the breakout or on a pullback to the mid $90s. Initial support lies at $92, while additional can be found in the mid $80s. |
Daily Option Ideas for May 7, 2025
Calls
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Live Nation Entertainment Inc. - $134.13 | O: 25E135.00D16 | Buy the May 135.00 calls at 11.20 | 122.00 |
Follow Ups
| Name | Option | Action |
|---|---|---|
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Puts
New Recommendations
| Name | Option Symbol | Action | Stop Loss |
|---|---|---|---|
| Archer-Daniels-Midland Company - $47.88 | O: 25U47.50D19 | Buy the September 47.50 puts at 3.40 | 53.00 |
Follow Up
| Name | Option | Action |
|---|---|---|
| Alphabet Inc. Class A ( GOOGL) | Aug. 160.00 Puts | Initiate an option stop loss of 13.80 (CP: 15.80) |
Covered Writes
New Recommendations
| Name | Option Sym. | Call to Sell | Call Price | Investment for 500 Shares | Annual Called Rtn. | Annual Static Rtn. | Downside Protection |
|---|---|---|---|---|---|---|---|
| The Boeing Company $ 185.96 | O: 25G185.00D18 | Jul. 185.00 | 12.15 | $ 87,021.90 | 26.55% | 29.67% | 5.53% |
Still Recommended
| Name | Action |
|---|---|
| Robinhood Markets, Inc. Class A ( HOOD) - 48.69 | Sell the July 45.00 Calls. |
| Ollies Bargain Outlet Holding Inc. ( OLLI) - 109.45 | Sell the June 110.00 Calls. |
| Kinross Gold Corporation ( KGC) - 15.20 | Sell the August 15.00 Calls. |
| Broadcom Ltd ( AVGO) - 200.09 | Sell the August 200.00 Calls. |
| Shopify Inc ( SHOP) - 93.83 | Sell the September 100.00 Calls. |
| Bank of America ( BAC) - 40.84 | Sell the August 42.00 Calls. |
| Hasbro, Inc. ( HAS) - 60.92 | Sell the August 62.50 Calls. |
The Following Covered Write are no longer recommended
| Name | Covered Write |
|---|---|
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