Today's featured stock is CME Group, Inc.(CME).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| JOYY | JOYY Inc. | Internet | $59.50 | mid-to-hi 50s | 88 | 48 | 5 for 5'er, top third of favored INET sector matrix, spread triple top, buy on pullback, R-R~4.0, 4.9% yield, Earn. 11/25 |
| SNOW | Snowflake, Inc. Class A | Software | $262.86 | low $230s to low $250s | 358 | 212 | 4 for 5'er, pos. trend and mkt RS buy signal since May; pulling back from rally high; top quintile of software matrix, Earn. 12/3 |
| IBKR | Interactive Brokers Group, Inc. | Wall Street | $70.54 | mid-to-hi 60s | 79 | 59 | 5 for 5'er, #2 of 62 in favored WALL sector matrix, LT pos mkt & peer RS, buy on pullback |
| DCI | Donaldson Co Inc | Waste Management | $86.86 | 80 - 84 | 92 | 67 | 3/5'er; top 3rd of sector matrix; ATHs 10/21; R-R > 2, Earn. 12/4 |
| SF | Stifel Financial Corp | Wall Street | $121.74 | 110s | 140 | 92 | 4 for 5'er, top half of WALL sector matrix, LT pos peer & mkt RS, quad top break, 1.6% yield |
| CMC | Commercial Metals Corporation | Steel/Iron | $58.77 | hi 50s - low 60s | 79 | 49 | 4 for 5'er, favored STEE sector matrix, LT pos peer & mkt RS, pos trend flip, 1.2% yield |
| TJX | The TJX Companies, Inc. | Retailing | $144.61 | 136-hi 140s | 194 | 118 | 4 TA rating, top 50% of RETA sector matrix, LT pos trend, LT mkt RS buy, consec buy signals, Earn. 11/19 |
| AIT | Applied Industrial Technologies, Inc. | Machinery and Tools | $258.92 | mid 240s - ow 260s | 316 | 208 | 5 for 5'er, top half of favored MACH sector matrix, LT pos peer & mkt RS, pos trend flip |
| UBS | UBS AG (Switzerland) ADR | Banks | $38.31 | mid-hi 30s | 65 | 30 | 5 TA rating, top 20% of BANK sector RS matrix, LT RS buy, LT pos trend, buy-on-pullback, R-R > 3, yield > 2% |
| BAC | Bank of America | Banks | $53.20 | 49 - 54 | 67 | 44 | 4 for 5'er, top 25% of favored BANK sector matrix, LT pos peer RS, bullish catapult, 2.1% yield |
| ITT | ITT Corporation | Machinery and Tools | $188.19 | hi 170s - mid 190s | 250 | 162 | 5 TA rating, top 33% of MACH sector matrix, LT pos mkt and peer RS, buy-on-pullback |
| NET | Cloudflare Inc Class A | Internet | $232.81 | 220s - 230s | 376 | 198 | 5 for 5'er, #2 of 30 in INET sector matrix, LT pos RS, quad top, buy on pullback, R-R>4.0 |
| SHEL | Shell PLC Sponsored ADR | Oil | $75.59 | 72 - hi 70s | 87 | 65 | 4 TA rating, top 25% of OIL sector, LT RS buy, consec buy signals, yield > 3% |
| BBY | Best Buy Co., Inc. | Retailing | $79.03 | 70s | 111 | 63 | 3 for 5'er, top third of RETA sector matrix, quad top, buy on pullback, R-R>2.0, 4.7% yield, Earn. 11/25 |
| CME | CME Group, Inc. | Wall Street | $276.50 | 260s - 270s | 312 | 224 | 4 for 5'er, middle of WALL sector matrix, triple top breakout, 1.8% 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
CME CME Group, Inc. R ($276.64) - Wall Street - CME is a 4 for 5'er that ranks near the middle of the Wall Street sector matrix. After giving two consecutive sell signals, CME found support at $260 and returned to a buy signal last week with a triple top break at $276. Long exposure may be added in the $260s to $270s and we will set our initial stop at $224, which would take out three levels of support on CME's chart. We will use the bullish price objective, $312, as our target price. CME also carries a 1.8% yield.
| 24 | 25 | ||||||||||||||||||||||||||||
| 288.00 | X | X | 288.00 | ||||||||||||||||||||||||||
| 284.00 | X | X | O | 8 | O | 284.00 | |||||||||||||||||||||||
| 280.00 | 5 | O | X | O | X | O | 280.00 | ||||||||||||||||||||||
| 276.00 | X | O | X | 6 | 7 | O | X | 276.00 | |||||||||||||||||||||
| 272.00 | X | X | O | X | O | X | O | X | X | B | 272.00 | ||||||||||||||||||
| 268.00 | 4 | O | X | O | O | X | O | X | O | X | O | X | 268.00 | ||||||||||||||||
| 264.00 | X | O | X | X | O | 9 | X | O | X | O | X | Mid | 264.00 | ||||||||||||||||
| 260.00 | X | O | X | O | X | O | A | O | • | 260.00 | |||||||||||||||||||
| 256.00 | 3 | O | X | O | X | • | 256.00 | ||||||||||||||||||||||
| 252.00 | X | O | O | • | 252.00 | ||||||||||||||||||||||||
| 248.00 | X | X | • | 248.00 | |||||||||||||||||||||||||
| 244.00 | X | O | X | • | 244.00 | ||||||||||||||||||||||||
| 240.00 | C | O | 2 | • | 240.00 | ||||||||||||||||||||||||
| 236.00 | X | O | X | • | Bot | 236.00 | |||||||||||||||||||||||
| 232.00 | X | O | X | • | 232.00 | ||||||||||||||||||||||||
| 228.00 | X | X | 1 | • | 228.00 | ||||||||||||||||||||||||
| 224.00 | A | O | X | • | 224.00 | ||||||||||||||||||||||||
| 220.00 | C | X | X | O | X | • | 220.00 | ||||||||||||||||||||||
| 216.00 | O | X | O | X | O | 9 | B | • | 216.00 | ||||||||||||||||||||
| 212.00 | O | X | O | 2 | O | X | • | 212.00 | |||||||||||||||||||||
| 208.00 | O | O | X | 4 | X | • | 208.00 | ||||||||||||||||||||||
| 204.00 | 1 | X | 5 | X | • | 204.00 | |||||||||||||||||||||||
| 200.00 | O | X | 6 | 7 | 8 | • | 200.00 | ||||||||||||||||||||||
| 198.00 | O | X | O | X | O | X | • | 198.00 | |||||||||||||||||||||
| 196.00 | O | O | X | O | X | • | 196.00 | ||||||||||||||||||||||
| 194.00 | O | X | O | • | 194.00 | ||||||||||||||||||||||||
| 192.00 | O | • | • | 192.00 | |||||||||||||||||||||||||
| 24 | 25 |
