#$ulta

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

Cboe Global Markets, Ticker: $CBOE

Cboe Global Markets, $CBOE, comes into the week breaking resistance. It has a RSI is the bullish zone with the MACD crossing up. Look for continuation to participate…..

Lockheed Martin, Ticker: $LMT

Lockheed Martin, $LMT, comes into the week at resistance. It has a RSI in the bullish zone with the MACD positive. Look for a break of resistance to participate…..

TJX, Ticker: $TJX

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

Ulta Beauty, Ticker: $ULTA

Ulta Beauty, $ULTA, comes into the week moving up to resistance. It has a RSI in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, 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…..

If you like what you see sign up for more ideas and deeper analysis using this Holiday Discount 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 2023 in the books, saw equity markets showed major strength with a strong move higher in the Nasdaq all year that surpassed the large cap S&P 500 move that started in late 2022.

Elsewhere look for Gold to continue its uptrend while Crude Oil continues to move lower. The US Dollar Index looks to continue to drift to the downside while US Treasuries stall in their uptrend. The Shanghai Composite looks to bounce in its trend lower while Emerging Markets consolidate in a broad range.

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

Anthem, Ticker: $ANTM

Anthem, $ANTM, rose off a March low and continued to a top in June. It pulled back and consolidated and then eventually rose to again into October. It has a RSI in the bullish zone with the MACD flat and positive. Look for a push over resistance to participate…..

Honeywell, Ticker: $HON

Honeywell, $HON, has marched higher, making higher highs and higher lows since March. It comes into the week at resistance with the RSI rising in the bullish zone and the MACD slowly moving higher. Look for a push over resistance to participate…..

3M, Ticker: $MMM

3M, $MMM, bottomed in March and then started higher. It made a high in June and pulled back to a consolidation zone. It ran higher again to a top in September before another pullback. Now it is back at that September high. The RSI is rising in the bullish zone with the MACD lifting. Look for a push over resistance to participate…..

PayPal, Ticker: $PYPL

PayPal, $PYPL, had a nearly straight line move higher to a top in early September. It pulled back and then found support in the middle of the month before reversing higher. It is now near resistance with the RSI rising in the bullish zone and the MACD positive and climbing. Look for a push over resistance to participate…..

Ulta Beauty, Ticker: $$ULTA

Ulta Beauty, $$ULTA, rose from a March low and met resistance after crossing the 200 day SMA in June. After pulling back and finding support it has made a series of higher lows. It is now at resistance with the RSI rising in the bullish zone and the MACD positive and moving higher. 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 with the October options expiration in the books, saw equity markets had lost a bit of energy as they approached the highs.

Elsewhere look for Gold to continue to consolidate in the uptrend while Crude Oil consolidates in a broad range. The US Dollar Index continues in a short term move to the upside while US Treasuries consolidate at support. The Shanghai Composite looks to consolidate as well while Emerging Markets move higher.

EARNING UPDATE $ULTA Ulta Beauty, Inc. for quarter ending q_Jul18 – Revenue rose but Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on ULTA [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Ulta Beauty, Inc. reported earnings (EPS) of 2.46 per share for the quarter ending q_Jul18. This is vis-vis 2.70 per share for the previous quarter ending q_Apr18, a decline of 8.9 %. Compared to last year same quarter (q_Jul17), earnings grew…

#ULTA Earning declared EPS = 2.46 vs estimate= 2.41 for Q2/19 #sym #spy #earnings #markets

Earning released for ULTA: Actual EPS = 2.46 per share Estimate = 2.41 per share

Get our earning updates on your mobile as soon as they are released

ULTA report:

The mean EPS over the last 16 releases is 1.7 per share. The current EPS at 2.46 per share is above the average EPS of the last 16 quarterly earning releases.

ULTA Stock Chart:

ULTA Scores:

ULTA Fundamental Score = Click…

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

Adobe Systems, Ticker: $ADBE

Adobe Systems, $ADBE, moved higher out of consolidation in May to a top in June. It pulled back to the 50 day SMA and then reversed higher at the end of the month. It is now at the prior high with the RSI rising and bullish and the MACD crossed p and positive. Look for a push to a new high to participate.....

Boeing, Ticker: $BA

Boeing, $BA, had a strong January, rising to a top at the end of the month. It held up well when the market initially pulled back and then made a higher high at the end of February. Another deeper pullback consolidated for 2 months before a move higher in May to a higher high in June. It pulled back again to a higher low before reversing last week. It ended the week moving into a gap with the RSI rising toward the bullish zone and the MACD crossed up and nearly positive. Look for continuation to participate.....

CME, Ticker: $CME

CME, $CME, had a long strong run higher until morphing into consolidation in March. It tried to move higher again into June but met resistance and pulled back. It found support at a higher low and started back to the upside last week. The RSI is rising and bullish with the MACD crossed up and about to turn positive. Look for continuation to participate higher.....

Ulta Beauty, Ticker: $ULTA

Ulta Beauty, $ULTA, made a bottom in October and started higher. It met resistance in January and pulled back to retest the low in March. Another move higher confirmed a double bottom at the end of April and then it quickly met resistance and consolidated. In June it pulled back again, this time to the 100 day SMA, where it found support. It has been rising since and Friday pushed up to a higher high. The RSI is rising in the bullish zone with the MACD crossed up and positive. Look for continuation to participate.....

United Technologies, Ticker: $UTX

United Technologies, $UTX, rose from a September low to a top in January. It pulled back to the 100 day SMA and bounced, continuing higher to retest the top. It dropped again though and confirmed a double top as it touched the 200 day SMA at the end of March. After a short consolidation it fell further, finding support at the November low. It drove higher fast from there to a high over the 100 day SMA. Since then it has consolidated until pushing to a higher high Friday. The RSI is pushing up in the bullish zone with the MACD crossed up and rising. Look for continuation to participate.....

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 July options expiration week sees there has been a shift in short term leadership in the equity markets back to the QQQ from the IWM with the SPY continuing to improve.

Elsewhere look for Gold to continue lower while Crude Oil consolidates in its uptrend. The US Dollar Index continues to pause in its uptrend while US Treasuries continue to move higher. The Shanghai Composite may be building a bottom after a long drop and Emerging Markets are showing signs of a possible reversal to the upside after their long drop.

EARNING UPDATE $ULTA Ulta Beauty, Inc. for quarter ending q_Apr18 – Revenue fell, Margins contracted

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on ULTA [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Ulta Beauty, Inc. reported earnings (EPS) of 2.70 per share for the quarter ending q_Apr18. This is vis-vis 3.38 per share for the previous quarter ending q_Jan18, a decline of 20.1 %. Compared to last year same quarter (q_Apr17), earnings grew…

Ulta Beauty, Inc.

Consumer Discretionary - Specialty Retail

Ulta Beauty Inc. (ULTA) is scheduled to release their FQ1’18 results today after the close. The Estimize consensus predicts an EPS of $2.50 whereas Wall Street predicts an EPS of $2.48.  Estimize calls for revenue of $1.536B in comparison to Wall Street’s estimate of $1.526B. For the upcoming quarter, there is a very slight 1% difference between the predictions of Estimize and the Street for both EPS and Revenue. Historically, ULTA has beaten Estimize 72% and Wall Street 87% of the time, which suggests that this is a company that will beat predictions again this quarter. Estimize predicts a Comparable Store Sales result of 9.6%, which is higher than last quarter’s rate of 8.8%.

Ulta has been successful in incorporating online shoppers into their consumer-base. Their mobile app allows consumers to virtually try-on makeup by uploading a selfie to the app. Strategies such as translating the in-person makeup shopping experience into a virtual platform has recently been providing Ulta with a strong return on investment.