Today's featured stock is SharkNinja, Inc. (SN).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| JPM | J.P. Morgan Chase & Co. | Banks | $308.05 | 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 | $119.85 | 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 |
| GS | Goldman Sachs Group, Inc. | Wall Street | $916.65 | 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 | $139.61 | hi 120s - mid 130s | 168 | 110 | 4 for 5'er, top half of BUIL sector matrix, LT pos peer & mkt RS, bullish catapult |
| CBOE | CBOE Global Markets Inc. | Wall Street | $286.17 | 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 | $67.44 | 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 | $262.44 | mid 240s- lo 270s | 352 | 204 | 4 TA rating, top 50% of ELEC sector matrix, LT RS buy, buy-on-pullback |
| ABBV | AbbVie Inc. | Drugs | $224.35 | 210s - low 230s | 284 | 188 | 5 for 5'er, favored DRUG sector, LT pos peer & mkt RS, breakout from consec sell signals, 2.9% yield |
| AB | AllianceBernstein Holding LP | Wall Street | $40.84 | low 40s | 64 | 32 | 4 TA rating, LT mkt RS buy, LT pos trend, top 50% of WALL sector matrix, consec buy signals, buy-on-pullback, yield > 8% |
| SN | SharkNinja, Inc. | Household Goods | $127.32 | 120s - low 130s | 183 | 108 | 4 for 5'er, 3rd of 28 in HOUS sector matrix, multiple buy signals, buy on pullback, R-R>2.0 |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| APTV | Aptiv PLC | Autos and Parts | $80.46 | hi 70s - low 80s | 100 | 69 | APTV has fallen to a sell signal. OK to hold here. Maintain $69 stop. |
Follow-Up Comments
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NDW Spotlight Stock
SN SharkNinja, Inc. R ($130.27) - Household Goods - SN is a 4 for 5'er that ranks third out of 28 names in the household goods sector matrix. On its default chart, SN has completed three consecutive buy signals and reached a new all-time high in last week's trading. The stock has subsequently pulled back slightly, offering an entry opportunity for long exposure. Positions may be added in the $120s to low $130s and we will set our initial stop at $108, which would take out two levels of support on SN's default chart. We will use the bullish price objective, $183, as our target price, giving us a reward-to-risk ratio north of 2.0.
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| 132.00 | X | 132.00 | |||||||||||||||||||||||||||
| 130.00 | X | O | 130.00 | ||||||||||||||||||||||||||
| 128.00 | X | X | O | 128.00 | |||||||||||||||||||||||||
| 126.00 | X | O | X | O | 126.00 | ||||||||||||||||||||||||
| 124.00 | • | X | O | X | 124.00 | ||||||||||||||||||||||||
| 122.00 | X | • | X | O | X | 122.00 | |||||||||||||||||||||||
| 120.00 | X | 9 | O | • | X | O | X | 120.00 | |||||||||||||||||||||
| 118.00 | X | O | X | O | • | X | X | O | X | Mid | 118.00 | ||||||||||||||||||
| 116.00 | X | O | X | O | • | X | O | X | 2 | X | 116.00 | ||||||||||||||||||
| 114.00 | O | O | • | X | O | X | O | 114.00 | |||||||||||||||||||||
| 112.00 | O | • | X | O | X | 112.00 | |||||||||||||||||||||||
| 110.00 | O | • | X | 1 | 110.00 | ||||||||||||||||||||||||
| 108.00 | O | • | X | 108.00 | |||||||||||||||||||||||||
| 106.00 | O | • | X | 106.00 | |||||||||||||||||||||||||
| 104.00 | O | • | X | 104.00 | |||||||||||||||||||||||||
| 102.00 | O | A | • | X | 102.00 | ||||||||||||||||||||||||
| 100.00 | O | X | O | X | • | X | 100.00 | ||||||||||||||||||||||
| 99.00 | O | X | O | X | O | • | X | 99.00 | |||||||||||||||||||||
| 98.00 | O | O | X | X | O | • | C | 98.00 | |||||||||||||||||||||
| 97.00 | O | X | O | X | O | X | • | X | 97.00 | ||||||||||||||||||||
| 96.00 | O | X | X | O | X | O | X | O | • | X | Bot | 96.00 | |||||||||||||||||
| 95.00 | O | X | O | X | O | X | O | X | O | X | • | X | 95.00 | ||||||||||||||||
| 94.00 | O | X | O | X | O | X | O | X | O | X | O | X | 94.00 | ||||||||||||||||
| 93.00 | O | X | O | X | O | X | O | X | O | X | O | X | 93.00 | ||||||||||||||||
| 92.00 | O | X | X | O | X | O | X | O | X | O | O | X | 92.00 | ||||||||||||||||
| 91.00 | • | O | X | O | X | O | X | O | X | O | X | O | X | • | 91.00 | ||||||||||||||
| 90.00 | • | O | X | O | X | O | O | X | O | X | O | X | X | • | 90.00 | ||||||||||||||
| 89.00 | • | O | O | X | O | X | O | O | X | O | X | • | 89.00 | ||||||||||||||||
| 88.00 | • | O | O | X | O | X | O | X | • | 88.00 | |||||||||||||||||||
| 87.00 | • | O | X | O | X | O | X | • | 87.00 | ||||||||||||||||||||
| 86.00 | O | X | O | X | O | • | 86.00 | ||||||||||||||||||||||
| 85.00 | O | X | O | X | • | 85.00 | |||||||||||||||||||||||
| 84.00 | B | O | • | 84.00 | |||||||||||||||||||||||||
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