#$khc

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Allstate, Ticker: $ALL

Allstate, $ALL, comes into the week breaking resistance. It has a RSI in the bullish zone and a MACD positive. Look for continuation to participate…..

Alphabet, Ticker: $GOOGL

Alphabet, $GOOGL, comes into the week approaching the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Kraft Heinz, Ticker: $KHC

Kraft Heinz, $KHC, comes into the week rising toward resistance. It has a RSI moving up from the midline with the MACD crossed up. Look for a break of resistance to participate…..

TJX, Ticker: $TJX

TJX, $TJX, comes into the week moving toward the all-time high. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

United Parcel Service, Ticker: $UPS

United Parcel Service, $UPS, comes into the week pushing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the March FOMC meeting in the books, saw equity markets showed strength moving higher despite the continued tone of rates staying higher for longer.

Elsewhere look for Gold to continue its consolidation in a bull flag at the highs while Crude Oil continues the messy uptrend. The US Dollar Index looks to drift to the upside in consolidation while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the short term uptrend while Emerging Markets consolidate in a broad range.

Kraft Heinz, $KHC, comes into the week consolidating in a descending triangle at resistance from May of last year. On a larger scale this consolidation is at a possible trigger for a greater than 3 year long Cup and Handle with a target to 70. The RSI is holding in the bullish zone with the MACD level and positive. 

There is resistance at 44 and 44.65 then 47.80 and 50.50 before 54 and 56.75 then 58 and 60. Support lower comes at 43 and 42 before 41and 40.50. Short interest is low at 2.7%. The stock pays a dividend with an annual yield of 3.67% and will start trading ex-dividend on May 26th. The company is expected to report earnings next on August 2nd. 

The May options chain shows biggest open interest at the 40 put and then at the 40, 42.50 and 45 strikes on the call side. The June chain is big at the 25 put and then builds to a peak at 35. On the call side is biggest at the 37.50 strike and tails to the 42.50 strike. In the July chain the 30 put has the largest open interest while it is spread from 40 to 45 on the call side.  The October chain is biggest at the 35 and 30 puts, and from the 37.50 call up to the 47.50.

Kraft Heinz, Ticker: $KHC

Trade Idea 1: Buy the stock on a move over 44 with a stop at 41.50.

Trade Idea 2: Buy the stock on a move over 44 and add a June 42.50/37.50 Put Spread ($1.00) while selling an October 50 Call (70 cents).

Trade Idea 3: Buy the May/July 45 Call Calendar ($0.85) while selling the June 40 Put (50 cents).

Trade Idea 4: Buy the October 37.50/45/50 Call Spread Risk Reversal (45 cents).

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After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with the first week of May in the books, saw equity markets remain in downtrends.

Elsewhere look for Gold to pullback while Crude Oil may resume the uptrend. The US Dollar Index continues to the upside while US Treasuries trend lower. The Shanghai Composite looks to continue lower while Emerging Markets trend to the downside.

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

Green Dot, Ticker: $GDOT

Green Dot, $GDOT, ran up to a consolidation zone this summer. It eventually broke to the upside and made a high in October. Now it has pulled back to that prior consolidation and the 100 day SMA and finding support. The RSI is rising in toward the bullish zone with the MACD crossing up but negative. Look for a continued move higher to participate…..

Globus Medical, Ticker: $GMED

Globus Medical, $GMED, rose to fill the gap down from January as it peaked in May. It has found resistance at that same level 4 times since and sits there now. The RSI is rising in the bullish zone with the MACD moving higher. Look for a push over resistance to participate…..

Howmet Aerospace, Ticker: $HWM

Howmet Aerospace, $HWM, jumped higher 2 weeks ago and has been consolidating since. The RSI is strong in the bullish zone with the MACD rising and bullish. Look for a break of consolidation higher to participate…..

Kraft Heinz, Ticker: $KHC

Kraft Heinz, $KHC, ran from a March low to a top in August. It rolled over from there, finding support in September. It has formed resistance since then and comes into the week pressed against it. The RSI is rising toward the bullish zone with the MACD lifting off of zero. Look for a push over resistance to participate…..

Twitter, Ticker: $TWTR

Twitter, $TWTR, ran from a bottom in March to a top at the end of October. It gapped down from there and found support at the 100 day SMA and bounced. It has consolidated under resistance since with the RSI rising in the bullish zone and the MACD about to cross up. Look for a push over resistance to participate…..

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After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into the shortened holiday weekend sees equity markets have paused to catch their breath.

Elsewhere look for Gold to continue in consolidation while Crude Oil continues a short term uptrend in a broad range. The US Dollar Index looks to consolidate at the bottom of a broad range while US Treasuries are showing a possible reversal higher. The Shanghai Composite looks to continue to mark time moving sideways while Emerging Markets move higher in an uptrend.

Kraft Heinz, $KHC, started moving higher in March. It continued higher until finding resistance in the range that the stock traded for 2 months before turning lower in January. It consolidated there for 6 weeks before pushing to a new high in early June. Since then it has retested the prior resistance as support twice, closing there Friday on a strong down day. 

The RSI is falling faster and making a new low below the mid line and nearing a switch to the bearish zone. The MACD is dropping toward the zero line. There is support here at 30.75 and then lower at 30.10 and 29.50 before 28.40, near the 38.2% retracement of the move higher, and 27.40 then 26.60 and 25.35, the 61.8% retracement. Resistance above comes at 31.25 and 32.40 before 33.70 and 34. Short interest is elevated at 8.9%. The stock pays a dividend with an annual yield of 5.18% and started trading ex-dividend on May 28th. The company is expected to report earnings next on August 6th. 

The July options chain shows the largest open interest at the 25 strike with big numbers also at 30, 27.50, and then 32.50. On the call side it is much bigger and highest at 32.50 then 35. The August 7 Expiry, covering the earnings date, is just starting to trade. But the August monthly options show big open interest from 27.50 to 32.50 on the put side and smaller size from 32.50 to 37.50 on the call side.

Kraft Heinz, Ticker: $KHC

Trade Idea 1: Sell the stock short on a move under 30.50 with a stop at 31.50.

Trade Idea 2: Sell the stock short on a move under 30.50 and buy a July 31 Call ($1.07) as a hedge.

Trade Idea 3: Buy the July 30 Put and sell the August 27.50 Put (4 cents).

Trade Idea 4: Buy the August 30/27.50/25 Put Butterfly (74 cents).

f you like what you see sign up for more ideas and deeper analysis using this Get Premium link.  

After reviewing over 1,000 charts, I have found some good setups for the week.  These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which with just 2 trading days left in the first half of the year saw profit taking in equity markets and possibly more damaging activity.

Elsewhere look for Gold to possibly continue its move higher while Crude Oil consolidates in the uptrend. The US Dollar Index continues to drift in sideways motion while US Treasuries move higher in their consolidation. The Shanghai Composite looks to continue to mark time as well along with Emerging Markets.

$KHC 2018-08-14 : Transcripts- Edited Transcript of KHC earnings conference call

[s2If !current_user_can(access_s2member_level0)] Please login to read the transcript. [lwa] [/s2If][s2If current_user_can(access_s2member_level0)]”

Q2 2018 Kraft Heinz Co Earnings Call

Pittsburgh Aug 15, 2018 (Thomson StreetEvents) — Edited Transcript of Kraft Heinz Co earnings conference call or presentation Friday, August 3, 2018 at 12:30:00pm GMT

TEXT version of Transcript

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EARNING UPDATE $KHC The Kraft Heinz Company for quarter ending q_Jun18 – Revenue rose but Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on KHC [lwa][/s2If][s2If current_user_can(access_s2member_level0)]The Kraft Heinz Company reported earnings (EPS) of 0.62 per share for the quarter ending q_Jun18. This is vis-vis 0.81 per share for the previous quarter ending q_Mar18, a decline of 23.5 %. Compared to last year same quarter (q_Jun17), earnings…

EARNING UPDATE $KHC The Kraft Heinz Company for quarter ending q_Dec17 – Revenue grew, Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on KHC [lwa][/s2If][s2If current_user_can(access_s2member_level0)]The Kraft Heinz Company reported earnings (EPS) of 6.51 per share for the quarter ending q_Dec17. This is vis-vis 0.77 per share for the previous quarter ending q_Sep17, a growth of 745.5 %. Compared to last year same quarter (q_Dec16), earnings…

5 Trade ideas excerpted from the detailed analysis and plan for premium subscribers:

TD Ameritrade, Ticker: $AMTD

TD Ameritrade, $AMTD, started higher off of a base over the 2nd Quarter, stalling s it reached the prior high from January in July. It pulled back to a higher low and then pushed to a higher high in September. It came back to retest the prior high and then reversed again to move even higher. The pullback into November then made another higher low last week as it reversed Friday. The RSI is also turning back up at the mid line and bullish while the MACD is falling. Look for continuation to participate higher.....

Cincinnati Financial, Ticker: $CINF

Cincinnati Financial, $CINF, started higher in May, ending with a blow off top at the beginning of August. From there it pulled back in 2 steps the last one finding support near 70 at the end of October. The bounce from there stalled at the 200 day SMA and is consolidating. The RSI is pushing up to the mid line while the MACD is crossing up. Look for a break of consolidation to the upside to participate.....

Kraft Heinz, Ticker: $KHC

Kraft Heinz, $KHC, started moving lower off of a high in February. It stalled and bounced in July, but what was turned back lower at the 200 day SMA. Since then it has continued lower into the end of October. It started to recover 3 weeks ago and last week pushed to its first higher high and over the 50 day SMA. The RSI is rising and in the bullish zone with the MACD also moving higher. Look for continuation to participate.....

Micron Technology, Ticker: $MU

Micron Technology, $MU, had a minor pullback that ended in August and went gangbusters to the upside from there until October. It paused in a sideways motion then until pushing higher 2 weeks ago. This resulted in a higher consolidation. The RSI is strong in the bullish zone and the MACD is trying to cross back up. Look for a new high to participate higher.....

UPS, Ticker: $UPS

UPS, $UPS, rose out of consolidation in May to a top that spanned October. It pulled back from there and Thursday fond support printing a Hammer reversal candle. It was confirmed higher Friday. The RSI is also turning up and the MACD leveling as it falls. Look for continuation to participate higher.....

After reviewing over 1,000 charts, I have found some good setups for the week. These were selected and should be viewed in the context of the broad Market Macro picture reviewed Friday which heading into November Options Expiration sees the Equity markets have weathered a minor tremor but are still fazed.

Elsewhere look for Gold to pause in its downtrend while Crude Oil slows in its uptrend. The US Dollar Index is looking better to the upside after some consolidation while US Treasuries are biased lower. The Shanghai Composite has gained strength and is rising again while Emerging Markets continue to churn following their break of long term resistance.