Today's featured stock is Jabil Circuit, Inc. (JBL)
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| JPM | J.P. Morgan Chase & Co. | Banks | $302.55 | 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 | $117.83 | 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 | $683.40 | 632 - hi 600s | 840 | 568 | 4 TA rating, top 10% of RETA sector matrix, LT RS buy, consec buy signals, Earn. 3/12 |
| APTV | Aptiv PLC | Autos and Parts | $85.20 | 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 | $905.14 | 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 | $142.56 | hi 120s - mid 130s | 168 | 110 | 4 for 5'er, top half of BUIL sector matrix, LT pos peer & mkt RS, bullish catapult |
| ATO | Atmos Energy Corp | Gas Utilities | $179.25 | 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 | $275.11 | lo 260s - mid 280s | 332 | 228 | 5 TA rating, top 25% of WALL sector matrix, LT RS buy, LT pos trend, buy-on-pullback |
| DAL | Delta Air Lines Inc. | Aerospace Airline | $69.00 | mid-to-hi 60s | 99 | 55 | 4 for 5'er, top half of AERO sector matrix, LT pos mkt RS, triple top, buy on pullback |
| JBL | Jabil Circuit, Inc. | Electronics | $254.58 | mid 240s- lo 270s | 352 | 204 | 4 TA rating, top 50% of ELEC sector matrix, LT RS buy, buy-on-pullback |
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
JBL Jabil Circuit, Inc. ($258.32) - Electronics - JBL has a 4 for 5 TA rating and sits in the top half of the favored electronics sector RS matrix. The stock has maintained an RS buy signal against the market since 2019, speaking to its long-term technical strength. The recent action saw JBL notch a new all-time high after returning to a buy signal before retracting back toward the middle of its trading band, offering a more normalized position. JBL can be considered in the mid-$240s to low $270s. Our initial stop will be positioned at $204, which would violate multiple support levels. The bullish price objective of $352 will serve as our price target.
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| 268.00 | X | 268.00 | |||||||||||||||||||||||||||
| 264.00 | X | O | 264.00 | ||||||||||||||||||||||||||
| 260.00 | X | O | 260.00 | ||||||||||||||||||||||||||
| 256.00 | X | X | X | O | 256.00 | ||||||||||||||||||||||||
| 252.00 | X | O | X | O | X | X | O | 252.00 | |||||||||||||||||||||
| 248.00 | X | X | O | X | O | 2 | O | X | 248.00 | ||||||||||||||||||||
| 244.00 | X | O | X | O | O | X | O | X | 244.00 | ||||||||||||||||||||
| 240.00 | 1 | O | X | O | X | O | X | 240.00 | |||||||||||||||||||||
| 236.00 | X | X | O | X | O | O | X | Mid | 236.00 | ||||||||||||||||||||
| 232.00 | X | O | X | X | O | X | O | X | 232.00 | ||||||||||||||||||||
| 228.00 | X | O | X | X | O | X | O | X | O | 228.00 | |||||||||||||||||||
| 224.00 | X | O | X | O | X | O | X | O | X | 224.00 | |||||||||||||||||||
| 220.00 | X | O | X | X | O | X | X | O | X | O | X | 220.00 | |||||||||||||||||
| 216.00 | X | O | X | O | X | B | X | O | X | O | X | O | 216.00 | ||||||||||||||||
| 212.00 | X | X | O | X | O | X | O | X | O | C | O | X | 212.00 | ||||||||||||||||
| 208.00 | X | O | X | O | X | A | X | X | O | O | X | O | 208.00 | ||||||||||||||||
| 204.00 | X | O | X | O | O | X | O | X | O | X | X | 204.00 | |||||||||||||||||
| 200.00 | 9 | X | O | X | O | X | O | X | O | X | 200.00 | ||||||||||||||||||
| 198.00 | O | O | X | O | X | O | X | O | X | 198.00 | |||||||||||||||||||
| 196.00 | O | X | O | O | O | X | 196.00 | ||||||||||||||||||||||
| 194.00 | O | O | X | 194.00 | |||||||||||||||||||||||||
| 192.00 | O | X | 192.00 | ||||||||||||||||||||||||||
| 190.00 | O | 190.00 | |||||||||||||||||||||||||||
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