Comments include: ABT, BHP, DAL, DKS, GS, & RGLD.
| ABT Abbott Laboratories ($89.62) - Healthcare - ABT inched lower to complete a double bottom at $90. The 0 for 5'er moved down from a 1 last month after reversing back into a sell signal against its peers. A sell can be considered here. Initial resistance is at $98. Note that earnings are expected on 7/16/26. |
| BHP BHP Group Ltd. ($84.24) - Metals Non Ferrous - After giving two consecutive sell signals, BHP returned to a buy signal Tuesday when it broke a double top at $85. Tuesday's move adds to a modestly positive technical picture as BHP is a 3 for 5'er that ranks near the top of the non-ferrous metals sector matrix. From here, support sits at $77 while overhead resistance can be found at $93, BHP's all-time high. |
| DAL Delta Air Lines Inc. ($85.35) - Aerospace Airline - DAL broke a double bottom at $85 for a second sell signal since peaking in the mid $90s. The stock continues to maintain a 5 technical attribute rating and ranks within the top decile of the Aerospace Airline sector matrix. From here, support lies at $82, while additional can be found at $77, the bullish support line. |
| DKS Dick's Sporting Goods, Inc. ($211.59) - Retailing - DKS broke a triple bottom at $208 to return to a sell signal and violate the bullish support line. This will drop the stock down to a 1 for 5'er trading in a negative trend. Support lies at current chart levels, while additional can be found at $188, the March and April chart lows. |
| GS Goldman Sachs Group, Inc. ($1,128.69) - Wall Street - GS broke as much as 8% higher on the day, bolstered by earnings that impressed markets across the board. Many of the big banks continue to hold favorable technical attributes as we move into the back half of the year, and GS is no exception as it earns a perfect 5/5 TA score at the time of this writing. The large intraday move does send the name back towards the top of its respective trading band, but it does remain an option for focused exposure as it isn't in unreasonable sitting as of 7/14. |
| RGLD Royal Gold Inc ($193.28) - Precious Metals - RGLD gave an initial buy signal Tuesday when it broke a double top at $200. The outlook for the stock remains negative, however, as RGLD is a 1 for 5'er. From here, the first level of support sits at $192. |
