Today's featured stock is CBOE Global Markets Inc. (CBOE)
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| JPM | J.P. Morgan Chase & Co. | Banks | $310.82 | 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 |
| EWBC | East West Bancorp, Inc. | Banks | $119.10 | mid 100s - mid 110s | 157 | 92 | 4 for 5'er, top third of favored BANK sector matrix, LT pos peer RS, one box from mkt RS buy, spread quad top |
| ULTA | Ulta Beauty, Inc. | Retailing | $683.05 | 632 - hi 600s | 840 | 568 | 4 TA rating, top 10% of RETA sector matrix, LT RS buy, consec buy signals |
| APTV | Aptiv PLC | Autos and Parts | $83.76 | hi 70s - low 80s | 100 | 69 | 5 for 5'er, top half of AUTO sector matrix, successful trend line test |
| GS | Goldman Sachs Group, Inc. | Wall Street | $944.59 | mid-800s - mid-900s | 1416 | 736 | 5 TA rating, top 10% of WALL sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
| PHM | PulteGroup, Inc. | Building | $139.32 | hi 120s - mid 130s | 168 | 110 | 4 for 5'er, top half of BUIL sector matrix, LT pos peer & mkt RS, bullish catapult |
| META | Meta Platform Inc. | Internet | $668.69 | 650s - 690s | 1040 | 552 | 4 for 5'er, top 20% of INET sector matrix, LT pos peer & mkt RS, triple top, buy on pullback |
| ATO | Atmos Energy Corp | Gas Utilities | $175.97 | 170s | 202 | 148 | 4 for 5'er. top 20% of GUTI sector matrix, LT pos peer RS, 3.3% yield |
| CBOE | CBOE Global Markets Inc. | Wall Street | $268.64 | lo 260s - mid 280s | 332 | 228 | 5 TA rating, top 25% of WALL sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
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Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| BFH | Bread Financial Holdings Inc. | Business Products | $76.03 | 64 | Moved to a sell signal. Current exposure can maintain $64 stop. |
Follow-Up Comments
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NDW Spotlight Stock
CBOE CBOE Global Markets Inc. ($271.95) R - Wall Street - CBOE has a 5 for 5 TA rating and sits in the top quartile of the wall street sector RS matrix. The stock has also been on an RS buy signal against the market and maintained a positive trend since 2023. After completing a shakeout pattern earlier this month at a new all-time high, CBOE has retracted back toward the middle of its trading band, offering a more opportune entry point. Exposure can be considered in the low $260s to mid-$280s. Our initial stop will be positioned at $228, which would violate multiple support levels and move the stock to a negative trend. The bullish price objective of $332 will serve as our price target.
| 25 | 26 | ||||||||||||||||||||||||||||
| 280.00 | X | 280.00 | |||||||||||||||||||||||||||
| 276.00 | X | 2 | X | 276.00 | |||||||||||||||||||||||||
| 272.00 | X | O | X | O | X | 272.00 | |||||||||||||||||||||||
| 268.00 | X | O | X | O | X | 268.00 | |||||||||||||||||||||||
| 264.00 | X | O | O | X | 264.00 | ||||||||||||||||||||||||
| 260.00 | X | 1 | O | X | Mid | 260.00 | |||||||||||||||||||||||
| 256.00 | X | O | X | O | 256.00 | ||||||||||||||||||||||||
| 252.00 | 8 | B | O | X | 252.00 | ||||||||||||||||||||||||
| 248.00 | X | O | X | X | C | 248.00 | |||||||||||||||||||||||
| 244.00 | X | O | X | O | X | 244.00 | |||||||||||||||||||||||
| 240.00 | X | O | X | O | X | 240.00 | |||||||||||||||||||||||
| 236.00 | X | 7 | O | X | A | X | • | 236.00 | |||||||||||||||||||||
| 232.00 | X | X | O | X | X | 9 | O | • | 232.00 | ||||||||||||||||||||
| 228.00 | 4 | O | X | O | X | O | X | • | 228.00 | ||||||||||||||||||||
| 224.00 | X | O | 5 | O | X | O | X | • | Bot | 224.00 | |||||||||||||||||||
| 220.00 | X | X | X | O | X | O | X | 6 | • | 220.00 | |||||||||||||||||||
| 216.00 | A | X | O | X | 3 | O | X | O | X | O | • | 216.00 | |||||||||||||||||
| 212.00 | O | X | O | X | O | X | O | X | O | X | O | X | • | 212.00 | |||||||||||||||
| 208.00 | O | X | O | X | C | 2 | O | X | O | X | O | X | • | 208.00 | |||||||||||||||
| 204.00 | 9 | B | X | O | X | O | O | O | • | 204.00 | |||||||||||||||||||
| 200.00 | O | X | O | X | • | 200.00 | |||||||||||||||||||||||
| 198.00 | O | X | O | X | • | 198.00 | |||||||||||||||||||||||
| 196.00 | O | O | X | • | 196.00 | ||||||||||||||||||||||||
| 194.00 | O | X | • | 194.00 | |||||||||||||||||||||||||
| 192.00 | O | X | • | 192.00 | |||||||||||||||||||||||||
| 190.00 | 1 | X | • | 190.00 | |||||||||||||||||||||||||
| 188.00 | O | • | 188.00 | ||||||||||||||||||||||||||
| 25 | 26 |
