Today's featured stock is J.P. Morgan Chase & Co. (JPM).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CME | CME Group, Inc. | Wall Street | $275.23 | 260s - 270s | 312 | 224 | 4 for 5'er, middle of WALL sector matrix, triple top breakout, 1.8% yield, Earn. 2/4 |
| AFL | AFLAC Incorporated | Insurance | $110.18 | 108 - 115 | 143 | 95 | 4 for 5'er, top half of INSU sector matrix, LT pos peer & mkt RS, spread triple top, 2% yield, Earn. 2/4 |
| LAMR | Lamar Advertising Company | Media | $130.78 | 120s - low 130s | 158 | 110 | 4 for 5'er, top half of MEDI sector matrix, LT pos peer & mkt RS, spread triple top 4.8% yield |
| ABCB | Ameris Bancorp | Banks | $79.71 | 70s | 92 | 77 | 5 for 5'er, top 25% of BANK sector matrix, LT pos peer RS, spread quintuple top, 1.1% yield, Earn. 1/29 |
| LAZ | Lazard Inc. | Wall Street | $51.88 | hi 40s - low 50s | 69 | 41 | 5 for 5'er, middle of WALL sector matrix, LT pos peer & mkt RS, triple top, buy on pullback, good R-R, Earn. 1/29 |
| HLT | Hilton Worldwide Holdings Inc | Leisure | $300.13 | hi 260s - low 280s | 328 | 240 | 5 for 5'er, top half of LEIS sector matrix LT pos peer & mkt RS, quintuple top, Earn. 2/11 |
| THC | Tenet Healthcare Corporation | Healthcare | $195.19 | 190 - mid 200s | 286 | 170 | 5 TA rating, top 50% of HEAL sector matrix, LT RS buy, buy-on-pullback, Earn. 2/11 |
| FLS | Flowserve Corporation | Machinery and Tools | $75.15 | hi 60s - lo 70s | 91 | 54 | 5 TA rating, top 10% of MACH sector matrix, LT RS buy, buy-on-pullback |
| BCO | The Brink's Company | Protection Safety Equipment | $121.97 | mid 110s - low 120s | 152 | 104 | 5 for 5'er, top half of PROT sector matrix, LT pos peer & mkt RS, spread triple top, R-R>2.0 |
| AAPL | Apple Inc. | Computers | $259.96 | 260s - 270s | 380 | 224 | 5 for 5'er, top 20% of COMP sector matrix, LT pos mkt RS, buy on pullback, Earn. 1/29 |
| RL | Ralph Lauren | Textiles/Apparel | $362.86 | 352 - 380s | 472 | 296 | 5 TA rating, LT RS buy, consec buy signals, buy-on-pullback, Earn. 2/5 |
| CBRE | CBRE Group, Inc. | Real Estate | $164.90 | hi 150s - lo 170s | 188 | 134 | 5 TA rating, top 10% of REAL sector matrix, LT RS buy, consec buy signals, Earn. 2/12 |
| RJF | Raymond James Financial Inc | Wall Street | $172.27 | 160s | 186 | 142 | 5 for 5'er, top half of WALL sector matrix, LT pos mkt & peer RS, triple top, pos trend flip, Earn. 1/28 |
| IMAX | Imax Corporation | Media | $35.07 | 33 - hi 30s | 53 | 26 | 5 TA rating, top 20% of Media sector matrix, LT pos trend, consec buy signals, buy-on-pullback |
| GIL | Gildan Activewear | Textiles/Apparel | $62.50 | 62 - 66 | 86 | 52 | 5 for 5'er, top third of favored TEXT sector matrix, LT pos peer & mkt RS, spread triple top, buy on pullback, R-R>2.0 |
| FIX | Comfort Systems U.S.A. | Building | $1053.10 | 960 - mid 1100s | 1376 | 864 | 5 TA rating, top 10% of BUIL sector matrix, LT mkt RS buy, consec buy signals |
| WFC | Wells Fargo & Company | Banks | $89.25 | mid 80s - low 90s | 128 | 76 | 5 for 5'er, top 25% of BANK sector matrix, LT pos peer & mkt RS, buy on pullback, R-R~3.0 |
| JPM | J.P. Morgan Chase & Co. | Banks | $307.87 | lo 300s - mid 320s | 380 | 256 | 5 TA rating, top 25% of favored BANK sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| LECO | Lincoln Electric Holdings, Inc. | Machinery and Tools | $255.82 | 320 | 216 | Moved into overbought territory. Raise stop to $216. |
Follow-Up Comments
| Comment | |||||||
|---|---|---|---|---|---|---|---|
|
|
|||||||
NDW Spotlight Stock
JPM J.P. Morgan Chase & Co. ($310.86) R - Banks - JPM has a 5 for 5 TA rating and sits in the top quartile of the favored banks sector RS matrix. The stock moved higher earlier this month to notch a new all-time high before pulling back to the current position just below the middle of its trading band. The weight of the technical evidence is strong, allowing this to serve as a buy-on-pullback opportunity. Exposure may be considered in the low $300s to mid-$320s. Our initial stop will be positioned at $256, which violates multiple support levels on the default and 2-point charts. The bullish price objective of $380 will serve as our price target.
| 25 | 26 | ||||||||||||||||||||||||||||
| 336.00 | X | 336.00 | |||||||||||||||||||||||||||
| 332.00 | 1 | O | 332.00 | ||||||||||||||||||||||||||
| 328.00 | X | O | 328.00 | ||||||||||||||||||||||||||
| 324.00 | X | O | 324.00 | ||||||||||||||||||||||||||
| 320.00 | X | X | O | 320.00 | |||||||||||||||||||||||||
| 316.00 | X | B | O | C | X | O | 316.00 | ||||||||||||||||||||||
| 312.00 | X | O | X | X | O | X | O | X | O | Mid | 312.00 | ||||||||||||||||||
| 308.00 | X | O | X | O | X | O | X | O | X | O | 308.00 | ||||||||||||||||||
| 304.00 | 9 | X | A | X | O | X | O | X | O | X | 304.00 | ||||||||||||||||||
| 300.00 | X | X | O | X | O | X | O | X | O | X | O | 300.00 | |||||||||||||||||
| 296.00 | 7 | X | O | X | O | X | O | O | X | O | 296.00 | ||||||||||||||||||
| 292.00 | X | O | X | O | X | O | O | 292.00 | |||||||||||||||||||||
| 288.00 | X | O | X | 8 | 288.00 | ||||||||||||||||||||||||
| 284.00 | X | O | 284.00 | ||||||||||||||||||||||||||
| 280.00 | X | X | 280.00 | ||||||||||||||||||||||||||
| 276.00 | X | O | X | Bot | 276.00 | ||||||||||||||||||||||||
| 272.00 | 2 | O | 6 | 272.00 | |||||||||||||||||||||||||
| 268.00 | X | O | X | 268.00 | |||||||||||||||||||||||||
| 264.00 | X | O | X | 264.00 | |||||||||||||||||||||||||
| 260.00 | X | O | X | 260.00 | |||||||||||||||||||||||||
| 256.00 | X | O | X | 256.00 | |||||||||||||||||||||||||
| 252.00 | X | X | 3 | X | X | 252.00 | |||||||||||||||||||||||
| 248.00 | X | X | O | X | O | X | O | 5 | 248.00 | ||||||||||||||||||||
| 244.00 | X | O | X | O | 1 | O | X | O | X | 244.00 | |||||||||||||||||||
| 240.00 | X | O | X | C | X | O | X | O | X | 240.00 | |||||||||||||||||||
| 236.00 | X | O | O | X | O | X | 4 | X | X | 236.00 | |||||||||||||||||||
| 232.00 | X | O | O | X | O | X | O | X | 232.00 | ||||||||||||||||||||
| 228.00 | B | O | O | X | O | X | 228.00 | ||||||||||||||||||||||
| 224.00 | X | O | X | O | 224.00 | ||||||||||||||||||||||||
| 220.00 | X | O | X | • | 220.00 | ||||||||||||||||||||||||
| 216.00 | A | O | X | • | 216.00 | ||||||||||||||||||||||||
| 212.00 | X | O | X | • | 212.00 | ||||||||||||||||||||||||
| 208.00 | X | O | X | • | 208.00 | ||||||||||||||||||||||||
| 204.00 | O | • | 204.00 | ||||||||||||||||||||||||||
| 25 | 26 |
