Today's featured stock is Nicolet Bankshares Inc (NIC).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| CM | Canadian Imperial Bank of Commerce | Banks | $118.55 | 100s | 165 | 90 | 5 for 5'er, top 10% of favored BANK sector matrix, LT pos peer RS, bearish signal reversal, R-R>3.0, 2.9% yield, Earn. 8/27 |
| HEI | Heico Corporation | Aerospace Airline | $356.36 | 330s - 350s | 480 | 284 | 4 for 5'er, top third of AERO sector matrix, LT pos mkt RS, bullish triangle, buy on pullback, good R-R, Earn. 8/25 |
| DLTR | Dollar Tree, Inc. | Retailing | $127.21 | hi 110s - 120s | 186 | 104 | 4 for 5'er, top half RETA sector matrix, spread quad top, buy on pullback R-R>2.5 |
| VSXY | Victoria's Secret & Company | Retailing | $88.68 | 81 - 87 | 109 | 71 | 5 for 5'er, 3rd in Retailing matrix, pos. trend, 2nd buy on 7/20, ATH on 7/21, Earn. 8/26 |
| ZION | Zions Bancorporation | Banks | $69.70 | mid-to-hi 60s | 87 | 55 | 4 for 5'er, top half of favored BANK sector matrix, new RS buy signal, buy on pullback, R-R~2.0, 2.5% yield |
| PM | Philip Morris International Inc. | Food Beverages/Soap | $190.82 | hi 180s - lo 200s | 232 | 160 | 5 TA rating, top 20% of FOOD sector matrix, LT RS buy, yield > 3%, buy-on-pullback |
| FR | First Industrial Realty Trust | Real Estate | $65.84 | mid-to-hi 60s | 86 | 59 | 4 for 5'er, top 25% of REAL sector matrix, LT pos peer RS, spread sextuple top, R-R>2.0, 2.9% yield |
| CB | Chubb Ltd | Insurance | $350.68 | mid 340s - mid 360s | 456 | 308 | 4 for 5'er, pos. trend since 2023, LT Mkt RS buy since May '24, Reward to Risk > 4. |
| BFH | Bread Financial Holdings Inc. | Business Products | $108.07 | 100 - 110 | 129 | 89 | 5 for 5'er, top 20% of favored BUSI sector matrix, LT pos peer & mkt RS |
| FITB | Fifth Third Bancorp | Banks | $56.50 | mid to upper 50s | 84 | 46 | 4 for 5'er since March '24, pos. LT Peer RS since March '09, LT pos. trend since Dec. '23. |
| HIG | Hartford Insurance Group Inc/The | Insurance | $141.91 | hi 130s - 140s | 164 | 126 | 5 for 5'er, LT pos peer & mkt RS, bullish catapult, good R-R, 1.65% yield |
| NIC | Nicolet Bankshares Inc | Banks | $170.92 | mid 160s - mid 170s | 196 | 148 | 5 for 5'er, top third of favored BANK sector matrix, LT pos peer RS, shakeout to triple top |
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
NIC Nicolet Bankshares Inc R ($173.04) - Banks - NIC is a 5 for 5'er that ranks in the top third of the favored banks sector matrix and has been on a peer RS buy signal since 2019. On its default chart, NIC completed a shakeout pattern in last week's trading when it broke a triple top at $174. Long exposure may be added in the mid $160s to mid $170s and we will set our initial stop at $148, which would violate NIC's trend line. We will use the bullish price objective, $196, as our target price. Note that if NIC continues higher in the current column of Xs, its bullish price objective will increase.
| 174.00 | X | 174.00 | |||||||||||||||||||||||||||
| 172.00 | X | X | X | 172.00 | |||||||||||||||||||||||||
| 170.00 | X | X | O | X | O | X | 170.00 | ||||||||||||||||||||||
| 168.00 | X | O | X | O | X | O | X | 168.00 | |||||||||||||||||||||
| 166.00 | 7 | O | X | O | O | X | 166.00 | ||||||||||||||||||||||
| 164.00 | • | X | O | X | O | 164.00 | |||||||||||||||||||||||
| 162.00 | X | X | • | • | X | O | 162.00 | ||||||||||||||||||||||
| 160.00 | X | O | X | O | • | X | • | X | 160.00 | ||||||||||||||||||||
| 158.00 | X | X | O | X | O | • | X | O | • | X | 158.00 | ||||||||||||||||||
| 156.00 | X | O | X | O | O | X | O | • | X | Mid | 156.00 | ||||||||||||||||||
| 154.00 | X | O | X | O | X | X | O | • | X | 154.00 | |||||||||||||||||||
| 152.00 | X | O | 3 | X | O | X | O | • | X | X | 152.00 | ||||||||||||||||||
| 150.00 | X | O | X | O | 4 | O | X | X | O | X | 150.00 | ||||||||||||||||||
| 148.00 | X | 2 | O | X | O | X | O | X | O | X | O | X | • | 148.00 | |||||||||||||||
| 146.00 | X | O | X | O | X | O | X | O | X | O | X | X | O | X | • | 146.00 | |||||||||||||
| 144.00 | X | O | X | O | O | X | O | • | O | X | O | X | O | • | 144.00 | ||||||||||||||
| 142.00 | X | O | O | X | • | 5 | X | O | X | • | 142.00 | ||||||||||||||||||
| 140.00 | X | • | O | • | O | X | O | X | • | 140.00 | |||||||||||||||||||
| 138.00 | X | • | • | O | 6 | X | • | 138.00 | |||||||||||||||||||||
| 136.00 | X | • | O | X | • | 136.00 | |||||||||||||||||||||||
| 134.00 | X | • | O | X | • | 134.00 | |||||||||||||||||||||||
| 132.00 | O | X | • | O | • | Bot | 132.00 | ||||||||||||||||||||||
| 130.00 | O | X | • | • | 130.00 | ||||||||||||||||||||||||
| 128.00 | O | • | 128.00 |
