#$pru

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

Aflac, $AFL, comes into the week pushing on short term resistance. It has a RSI rising off the midline with the MACD about to turn positive. Look for a push over resistance to participate…

Boeing, $BA, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Honeywell, $HON, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Prudential Financial, $PRU, comes into the week at resistance. It has a RSI rising off the midline with the MACD positive. Look for a push over resistance to participate…

RTX, $RTX, comes into the week rounding up from the 20 day SMA. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

If 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 1 trading day left in June and the 2nd Quarter, saw equity markets show strength with strong moves higher.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates after a strong move lower. The US Dollar Index continues a short term move to the downside at more than 3 year lows while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets resume their break to the upside in consolidation.

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

Aflac, $AFL, comes into the week over short term resistance. It has an RSI in the bullish zone and the MACD positive and rising. Look for continuation to participate…

Five Below, $FIVE, comes into the week approaching resistance. It has an RSI in the bullish zone and the MACD about to cross to positive. Look for a push over resistance to participate…

Jazz Pharmaceuticals, $JAZZ, comes into the week approaching resistance. It has an RSI in the bullish zone and the MACD positive. Look for a push over resistance to participate…

Murphy USA, $MUSA, comes into the week approaching resistance. It has an RSI and a bullish zone and a MACD positive. Look for a push over resistance to participate…

Prudential Financial, $PRU, comes into the week moving over resistance. It has an RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Up Next: Bonus Idea                                                                                        

The Best

If you like what you see sign up for more ideas and deeper analysis using the Get Premium button above.   

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 July options expiry in the rearview mirror and heading deep into earnings season, saw equity markets seeming to be a bit unsettled as the high correlation between the indexes slightly unraveled.

Elsewhere, look for Gold to continue the downtrend but with Crude Oil reversing to the upside. The US Dollar Index looks to continue to hold at the top of the 15 month range while US Treasuries continue to threaten to break down through support in consolidation. The Shanghai Composite looks to continue the confirmation of a reversal to a downtrend while Emerging Markets hang on by a thread in their uptrend.

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

Aflac, $AFL, comes into the week pulling back to support. It has a RSI in the bearish zone with the MACD negative. Look for a drop through support to participate…

Air Products & Chemicals, $APD, comes into the week rounding out of a pullback. It has a RSI rising and a MACD crossing up. Look for continuation to participate…

Exelixis, $EXEL, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Occidental Petroleum, $OXY, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive and rising. Look for a push over resistance to participate…

Prudential Financial, $PRU, comes into the week at support. It has a RSI in the bearish zone with the MACD negative. Look for a drop through support to participate…

If 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 heading into the January options expiry and the start of earnings season, saw equity markets show some short term weakness.

Elsewhere look for Gold to continue its rise in consolidation while Crude Oil consolidates in the upper half of a broad range. The US Dollar Index continues to drift to the upside while US Treasuries resume their downtrend. The Shanghai Composite looks to continue the short term move lower while Emerging Markets consolidate continue their downward reversal.

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

Air Products, $APD, comes into the week rounding out of a pullback. It has a RSI in the bullish zone with the MACD curling to cross up. Look for continuation to participate…

Clorox, $CLX, comes into the week pressing through resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…

Fedex, $FDX, comes into the week approaching resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Graco, $GGG, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…

Prudential Financial, $PRU, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a break over resistance to participate…

If 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 the November options expiration in the books, saw equity markets show some weakness as they reacted to Chairman Powell’s comments about not being in a hurry to cut rates.

Elsewhere look for Gold to continue its pullback in the uptrend while Crude Oil consolidates at the bottom of a broad range. The US Dollar Index continues to drift to the upside while US Treasuries hold in consolidation. The Shanghai Composite looks to continue the short term move higher while Emerging Markets maintain their short term uptrend.

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

Analog Devices, Ticker: $ADI

Analog Devices, $ADI, comes into the week approaching support. It has a RSI dipping into the bearish zone with the MACD negative. Look for a break of support to participate…..

Broadcom, Ticker: $AVGO

Broadcom, $AVGO, comes into the week approaching support. It has a RSI in the bearish zone with the MACD negative. Look for ap drop through support to participate…..

Fedex, Ticker: $FDX

Fedex, $FDX, comes into the week possibly reversing higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Lilly, Ticker: $LLY

Lilly, $LLY, comes into the week at support. It has a RSI in the bearish zone with the MACD negative. Look for a push through support to participate…..

Prudential, Ticker: $PRU

Prudential, $PRU, comes into the week reversing higher. It has a RSI at the midline with the MACD negative but curling up. Look for continuation to participate…..

If 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 the April options expiry in the books, equity markets finished the week black and blue after taking a beating.

Elsewhere look for Gold to continue its consolidation at all-time highs in the uptrend while Crude Oil pulls back in its uptrend. The US Dollar Index continues to drift to the upside while US Treasuries pullback in their downtrend. The Shanghai Composite looks to continue the consolidation in its short term uptrend while Emerging Markets drop in broad consolidation.

Prudential Financial, $PRU, comes into the week at resistance. The Bollinger Bands® are open higher as price has been following them up. The RSI is in the bullish zone with the MACD positive and rising. Both have room below prior peaks. There is resistance at 113 then back to early 2022 at 115 and 120 before back to early 2018 at 126. There is support at 109.50 and 107. Short interest is low at 1.6%. The stock pays a dividend with an annual yield of 4.61% and has traded ex-dividend since February 16th. 

The company is expected to report earnings next on April 30th. The April options chain shows open interest build from 100 to a peak at 97.50 on the put side and it is focused form 110 to 120, biggest at 115, on the call side. The May chain is just getting started. The June chain has big open interest at the 105 and 80 put strikes then at 115 and 100. On the call side it is spread from 80 to 120.

Prudential Financial, Ticker: $PRU

Trade Idea 1: Buy the stock on a move over 113 with a stop at 107.

Trade Idea 2: Buy the stock on a move over 113 and add an April 110/105 Put Spread (95 cents) while selling the May 125 Call (55 cents).

Trade Idea 3: Buy the April/May 120 Call Calendar ($1.15) while selling the May 105 Put ($1.10).

Trade Idea 4: Buy the June 105/120/130 Call Spread Risk Reversal (5 cent credit).

If 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 the March Quadruple Witching in the books and heading into the March FOMC meeting, saw equity markets showing some weakness after the long run higher.

Elsewhere look for Gold to continue its uptrend while Crude Oil shows short term strength. The US Dollar Index continues in consolidation while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets consolidate.

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

Aflac, Ticker: $AFL

Aflac, $AFL, comes into the week pulling back to the 50 day SMA. It has a RSI falling and a MACD dropping but positive. Look for a reversal to participate…..

Amazon, Ticker: $AMZN

Amazon, $AMZN, comes into the week breaking short term resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Antero Resources, Ticker: $AR

Antero Resources, $AR, comes into the week rising off a low. It has a RSI moving higher with the MACD about to cross up. Look for continuation to participate…..

Prudential Financial, Ticker: $PRU

Prudential Financial, $PRU, comes into the week pulling back from a top. it has a RSI that is overbought with the MACD positive. look for continuation to participate…..

Tesla, Ticker: $TSLA

Tesla, $TSLA, comes into the week pressing at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a move higher to participate…..

Use this link to get special Holiday Sale Pricing!

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 December FOMC meeting and Quadruple Witching in the books, saw equity markets post another stellar week as they head into the last full week of the year.

Elsewhere look for Gold to continue higher while Crude Oil continues to trend lower. The US Dollar Index continues to drift to the downside while US Treasuries continue in their short term uptrend. The Shanghai Composite looks to continue the trend lower while Emerging Markets possibly break resistance to the upside.

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

Covanta, Ticker: $CVA

Covanta, $CVA, confirmed a double bottom when it pushed up over the June high in early November. It has continued higher since. The price pushed over short term resistance Friday with the RSI rising in the bullish zone and the MACD flat but positive. Look for continuation to participate…..

Manitowoc, Ticker: $MTW

Manitowoc, $MTW, also confirmed a double bottom on a move over the June high in December. It paused shortly after and then moved up into the current consolidation. The RSI is bullish with the MACD rising and positive. Look for a push up out of consolidation to participate…..

Prudential Financial, Ticker: $PRU

Prudential Financial, $PRU, also had a peak in June. It traded sideways for over 5 months after stalling there though. It moved higher again in November and is starting higher again now. The RSI is rising in the bullish zone with the MACD moving up and positive. Look for continuation to participate…..

Telephone and Data Systems, Ticker: $TDS

Telephone and Data Systems, $TDS, tried to break higher in August but quickly failed. it fell back to a higher low and consolidated until breaking to the upside Friday. The RSI is rising and bullish with the MACD positive and climbing. Look for continuation to participate…..

United States Cellular, Ticker: $USM

United States Cellular, $USM, also pulled back from an August high. It found support in October and has been consolidating in a range. Friday saw it rise to resistance with the RSI rising and bullish and the MACD positive and moving up. Look for a push over resistance to participate…..

If 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 heading into the Martin Luther King weekend and with January Options Expiration in the books, saw equity markets looking a bit tired.

Elsewhere look for Gold to continue its short term pullback while Crude Oil continues to trend higher. The US Dollar Index is trying to bounce in the downtrend while US Treasuries trend lower. The Shanghai Composite looks to continue higher while Emerging Markets meet resistance as they test all-time highs in an uptrend.