Today's featured stock is Ethan Allen Interiors Inc (ETD).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| TSCO | Tractor Supply Company | Retailing | $58.56 | upper 50s | 66 | 50 | 3 for 5'er, LT pos mkt RS, buy on pullback |
| HLT | Hilton Worldwide Holdings Inc | Leisure | $263.70 | 260s - low 280s | 364 | 216 | 5 TA rating, LT pos trend, consec buy signals, buy on pullback. |
| AMZN | Amazon.com Inc. | Retailing | $220.71 | 200s - low 210s | 240 | 178 | 4 for 5'er, LT pos peer & mkt RS, buy on pullback |
| PEGA | Pegasystems Inc | Software | $60.36 | low-to-mid 50s | 79 | 42 | 5 for 5'er, top 20% of favored SOFT sector matrix, buy on pullback |
| FOXA | Fox Corporation Class A | Media | $61.61 | hi 50s - lo 60s | 70 | 52 | 5 TA rating, LT pos trend, LT peer RS buy, shakeout completion, pos wkly mom |
| ACT | Enact Holdings Inc | Finance | $38.53 | mid-to-hi 30s | 48 | 31 | 5 for 5'er, top half of favored FINA sector matrix, spread quad top, 2.2% yield |
| ETR | Entergy Corporation | Utilities/Electricity | $90.85 | mid-to-hi 80s | 101 | 75 | 5 for 5'er, top 25% of EUTI sector matrix, triple top, buy on pullback, 2.7% yield |
| GIL | Gildan Activewear | Textiles/Apparel | $57.37 | low-hi $50s | 80 | 43 | 5 TA rating, LT RS buy, LT pos trend, pos wkly and monthly mom, buy on pullback |
| EMR | Emerson Electric Co. | Machinery and Tools | $131.46 | hi 120s - lo 140s | 175 | 114 | 5 TA rating, LT pos mkt RS, consec buy signals |
| EA | Electronic Arts Inc. | Leisure | $174.07 | 160s - low 170s | 218 | 140 | 3 for 5'er, top half of LEIS sector matrix, one box from RS buy, buy on pullback |
| GLNG | Golar LNG Ltd | Oil Service | $40.34 | lo-mid 40s | 73 | 34 | 5 TA rating, consec buy signals, LT mkt RS, top 50% of OILS sector |
| HLI | Houlihan Lokey Inc | Banks | $209.19 | 190s - low 200s | 222 | 170 | 5 TA rating, top 20% of BANK sector matrix, LT mkt RS buy, price consolidation |
| ELF | Elf Beauty Inc | Household Goods | $136.07 | mid 120s - hi 130s | 170 | 112 | 5 for 5'er, top 20% of HOUS sector matrix, spread triple top |
| ATO | Atmos Energy Corp | Gas Utilities | $166.34 | mid 150s - lo 170s | 212 | 142 | 4 TA rating, near top of GUTI sector matrix, LT pos trend, consec buy signals |
| BN | Brookfield Corp. | Wall Street | $71.57 | mid-to-hi 60s | 80 | 56 | 5 for 5'er, top 20% of WALL sector matrix, LT pos peer RS, shakeout to triple top |
| CEG | Constellation Energy Corporation | Utilities/Electricity | $336.65 | 320s - 330s | 396 | 280 | 3 for 5'er, top 25% of favored EUTI sector matrix, one box from mkt RS buy, bearish signal reversal |
| ORA | Ormat Technologies, Inc. | Utilities/Electricity | $93.78 | hi 80s - mid 90s | 120 | 73 | 4 TA rating, top 33% of EUTI sector matrix, consec. buy signals, buy-on-pullback |
| MTG | MGIC Investment Corporation | Insurance | $28.27 | mid-hi 20s | 42 | 21.50 | 5 TA rating, LT RS buy, LT pos trend, 2% yield |
| PWR | Quanta Services, Inc. | Building | $389.53 | hi 370s - 390s | 476 | 340 | 5 for 5'er, top 33% of favored BUIL sector matrix, LT pos peer & mkt RS, triple top, good R-R |
| RKT | Rocket Companies Inc Class A | Finance | $19.62 | 18 - 20 | 32.50 | 15.50 | 5 for 5'er, #1 of 72 in favored FINA sector matrix, triple top, R-R>2.0 |
| FN | Fabrinet | Electronics | $380.21 | mid 360s - hi 390s | 532 | 312 | 5 TA rating, consec buy signals, LT peer RS buy, top end of ELEC sector matrix, buy-on-pullback |
| ETD | Ethan Allen Interiors Inc | Household Goods | $28.99 | 27 - 30 | 44 | 244 | 4 for 5'er, top 20% of HOUS sector matrix, LT pos mkt & peer RS, R-R~3.0, 5.4% yield |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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Follow-Up Comments
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NDW Spotlight Stock
ETD Ethan Allen Interiors Inc R ($28.83) - Household Goods - ETD is a 4 for 5'er that ranks in the top quintile of the household goods sector matrix and has been on a market RS buy signal since 2020 and peer RS buy signal since 2021. After falling to a negative trend earlier this year, ETD rallied from long-term support and returned to a buy signal and a positive trend with a double top break at $30. Long exposure may be added in the $27 - $30 range and we will set our initial stop at $24, a potential spread quadruple bottom break that would also violate ETD's bullish support line. We will use the bullish price objective, $44, as our target price. ETD also carries a 5.4% yield.
| 23 | 24 | 25 | |||||||||||||||||||||||||||
| 36.00 | X | • | 36.00 | ||||||||||||||||||||||||||
| 35.00 | X | O | • | X | • | 35.00 | |||||||||||||||||||||||
| 34.00 | X | O | 3 | X | • | X | O | • | Top | 34.00 | |||||||||||||||||||
| 33.00 | X | O | X | O | X | O | X | O | X | • | • | 33.00 | |||||||||||||||||
| 32.00 | 8 | O | X | X | O | X | O | 8 | O | X | O | • | X | • | 32.00 | ||||||||||||||
| 31.00 | X | X | O | X | O | 2 | 4 | O | X | O | X | O | B | • | X | O | • | X | 31.00 | ||||||||||
| 30.00 | 2 | O | X | 9 | X | O | X | O | 7 | O | X | A | X | O | X | O | • | X | 30.00 | ||||||||||
| 29.00 | X | 1 | O | 7 | O | C | 1 | X | • | O | X | 9 | • | O | X | O | X | 2 | 5 | 7 | Mid | 29.00 | |||||||
| 28.00 | X | O | X | 3 | 6 | A | X | O | • | 5 | X | • | O | C | X | 3 | X | O | 6 | 28.00 | |||||||||
| 27.00 | O | X | X | O | X | O | X | O | X | • | 6 | • | 1 | • | O | X | O | X | 27.00 | ||||||||||
| 26.00 | O | X | O | B | C | 4 | X | O | • | • | • | 4 | X | O | X | 26.00 | |||||||||||||
| 25.00 | 4 | X | O | A | 5 | • | O | O | • | Bot | 25.00 | ||||||||||||||||||
| 24.00 | O | 8 | O | X | • | • | 24.00 | ||||||||||||||||||||||
| 23.00 | 5 | 7 | 9 | X | • | 23.00 | |||||||||||||||||||||||
| 22.00 | O | X | O | • | 22.00 | ||||||||||||||||||||||||
| 21.00 | O | X | • | 21.00 | |||||||||||||||||||||||||
| 20.00 | 6 | • | 20.00 | ||||||||||||||||||||||||||
| 23 | 24 | 25 |
