Today's featured stock is GE Aerospace (GE).
Long Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| ZION | Zions Bancorporation | Banks | $71.59 | 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 |
| FR | First Industrial Realty Trust | Real Estate | $62.90 | 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 | $340.86 | 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 | $111.25 | 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 | $57.60 | 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 | $136.71 | hi 130s - 140s | 164 | 126 | 5 for 5'er, LT pos peer & mkt RS, bullish catapult, good R-R, 1.65% yield |
| BNY | Bank of New York Mellon Corporation | Banks | $164.27 | low 150s to 160 | 192 | 130 | 5 for 5'er since Sept. '24, top 10% of Banks matrix, LT peer and mkt RS, Pos. trend since Nov. '23. |
| GD | General Dynamics Corporation | Aerospace Airline | $391.14 | 380s - low 390s | 424 | 340 | 4 for 5'er, Pos. ST Peer RS, Pos. LT & ST Mkt RS, Pos. trend and buy signal since June, ATH 7/29. |
| MRK | Merck & Co., Inc. | Drugs | $135.97 | 122 - mid 130s | 168 | 106 | 5 TA rating, top half of drugs sector RS matrix, recent bullish triangle, buy-on-pullback |
| TXRH | Texas Roadhouse, Inc. | Restaurants | $204.40 | 190s - 200s | 262 | 172 | 5 for 5'er, top half of favored REST sector matrix, LT pos peer & mkt RS, good R-R, 1.4% yield |
| GHRS | GH Research Plc | Biomedics/Genetics | $29.96 | 28 - 33 | 46.50 | 24 | 5 for 5'er, LT Mkt. since Feb. '25, top quintile of Bio. matrix, matched chart high on 8/7. |
| GSL | Global Ship Lease Inc. | Transports/Non Air | $43.38 | low 40s | 55 | 35 | 4 for 5'er, favored TRAN sector, LT pos mkt RS, R-R~2.0, 6% yield |
| SXT | Sensient Technologies Corporation | Chemicals | $133.45 | 124 - 132 | 176 | 106 | 4 for 5'er, Pos. LT Peer RS, Top 5 of Chemicals matrix, Pos. Trend since 4/26, ATH on 8/6. |
| BWA | BorgWarner Inc. | Autos and Parts | $69.90 | hi 60s - low 70s | 89 | 57 | 4 for 5'er, top 20% of AUTO sector matrix, triple top, good R-R |
| GE | GE Aerospace | Aerospace Airline | $369.43 | low 360s to hi 380s | 416 | 316 | 3 TA rating since Nov. '22, current 5 for 5'er, LT pos. Mkt and Peer RS, Pos. trend, top third of AERO matrix. |
Short Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|
Removed Ideas
| Symbol | Company | Sector | Current Price | Action Price | Target | Stop | Notes |
|---|---|---|---|---|---|---|---|
| KALU | Kaiser Aluminum Corporation | Metals Non Ferrous | $185.41 | 170s - 180s | 252 | 150 | Sell signal 8/18 at 170 as shares fell to upper 150s. Maintain 150 stop. |
Follow-Up Comments
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NDW Spotlight Stock
GE GE Aerospace ($373.35) - Aerospace Airline - GE has maintained at least a 3 technical attribute rating since November 2022. The stock improved to a 5 for 5’er during June after seeing the peer RS chart return to a column of Xs. In addition to positive near-term peer and market RS, the stock has maintained positive long-term RS against the market and its peer group since March 2023. On the trend chart, GE has sustained a positive trend since November 2022 and returned to a buy signal in the closing days of July this year. August’s trading kicked off with a rally to a new all-time chart high at $388 before pulling back toward the middle of the 10-week trading band briefly. This week’s trading led to a reversal back into a column of Xs and an actionable entry point on the chart. Okay to consider in the lower $360 to upper $380 range. The bullish price objective of $416 will serve as the price target, giving the stock a current reward to risk ratio north of 3. The initial stop will be set for $316.
| 388.00 | X | 388.00 | |||||||||||||||||||||||||||
| 384.00 | X | O | 384.00 | ||||||||||||||||||||||||||
| 380.00 | 7 | X | O | 380.00 | |||||||||||||||||||||||||
| 376.00 | X | X | O | X | O | 376.00 | |||||||||||||||||||||||
| 372.00 | X | O | X | O | X | O | X | 372.00 | |||||||||||||||||||||
| 368.00 | X | O | X | O | X | O | X | 368.00 | |||||||||||||||||||||
| 364.00 | X | X | O | O | X | 8 | O | X | 364.00 | ||||||||||||||||||||
| 360.00 | X | O | X | O | X | O | X | O | 360.00 | ||||||||||||||||||||
| 356.00 | X | O | X | O | X | X | O | X | Mid | 356.00 | |||||||||||||||||||
| 352.00 | X | O | X | O | X | O | X | O | X | 352.00 | |||||||||||||||||||
| 348.00 | X | O | O | X | O | X | O | 348.00 | |||||||||||||||||||||
| 344.00 | X | O | X | O | X | 344.00 | |||||||||||||||||||||||
| 340.00 | X | O | O | • | 340.00 | ||||||||||||||||||||||||
| 336.00 | X | • | 336.00 | ||||||||||||||||||||||||||
| 332.00 | X | X | • | 332.00 | |||||||||||||||||||||||||
| 328.00 | X | O | X | • | 328.00 | ||||||||||||||||||||||||
| 324.00 | X | X | O | X | • | 324.00 | |||||||||||||||||||||||
| 320.00 | X | O | X | O | • | 320.00 | |||||||||||||||||||||||
| 316.00 | X | X | O | X | • | 316.00 | |||||||||||||||||||||||
| 312.00 | X | O | X | X | 6 | • | 312.00 | ||||||||||||||||||||||
| 308.00 | X | O | X | O | X | X | • | 308.00 | |||||||||||||||||||||
| 304.00 | X | O | X | O | X | O | X | • | Bot | 304.00 | |||||||||||||||||||
| 300.00 | X | O | O | X | O | X | • | 300.00 | |||||||||||||||||||||
| 296.00 | X | O | X | O | X | • | 296.00 | ||||||||||||||||||||||
| 292.00 | O | X | X | O | 5 | O | X | • | 292.00 | ||||||||||||||||||||
| 288.00 | O | 4 | O | X | O | X | O | X | • | 288.00 | |||||||||||||||||||
| 284.00 | O | X | O | X | O | X | O | • | 284.00 | ||||||||||||||||||||
| 280.00 | O | X | O | O | X | • | 280.00 | ||||||||||||||||||||||
| 276.00 | O | X | O | X | • | 276.00 | |||||||||||||||||||||||
| 272.00 | O | O | • | 272.00 |
