#$aig

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

AIG, Ticker: $AIG

AIG, $AIG, comes into the week moving over resistance. It has a RSI rising into the bullish zone with the MACD positive. Look for continuation to participate…..

Allstate, Ticker: $ALL

Allstate, $ALL, comes into the week at resistance. It has a RSI rising over the midline with the MACD moving toward positive. Look for a push over resistance to participate…..

Anheuser-Busch InBev, Ticker: $BUD

Anheuser-Busch InBev, $BUD, comes into the week rounding out a bottom. It has a RSI rising and a MACD heading toward positive. Look for continuation to participate…..

Cleveland-Cliffs, Ticker: $CLF

Cleveland-Cliffs, $CLF, comes into the week breaking resistance. It has a RSI rising to the bullish zone with the MACD climbing. Look for continuation to participate…..

HP, Ticker: $HPQ

HP, $HPQ, 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…..

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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 July Options Expiration week, equity markets showed early strength give way to rotation from large cap and tech names into small caps late in the week.

Elsewhere look for Gold to continue consolidation in the uptrend or break to new highs while Crude Oil consolidates in a tightening range. The US Dollar Index continues to drift to the downside in consolidation while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue the move lower in consolidation while Emerging Markets have broken consolidation to begin an uptrend.

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AIG, $AIG, comes into the week approaching a key resistance area. It has an RSI rising into the bullish zone with a MACD crossing up and about to turn positive. There is resistance at 79.50 through 80.25 and then at 81.25 and 82 before a gap to fill at 83.50 followed by 84.50 and 86. Support lower is at 77 and 76 followed by 75. Short interest is low at 1.4%. The stock pays a dividend with an annual yield of 2.54% and will trade ex-dividend June 15th.

The company is expected to report earnings next on August 4th. The May options chain has biggest open interest at the 80 strike put and the 85 strike call. In the June chain open interest is biggest at the 75 put then the 65 put strikes and on the call side at the 80 strike. In the July chain it is just getting started and has very low open interest. The August chain, which covers the next earnings report, also has low open interest but spread from the 72.50 to 60 strikes on the put side and from the 75 to the 90 strike on the call side.

Trade Idea 1: Buy the stock on a move over 80.25 with a stop at 77.25.

Trade Idea 2: Buy the stock on a move over 80.25 and add a June 77.50/72.50 Put Spread ($1.40) while also selling the July 85 Calls ($1.00).

Trade Idea 3: Buy the June/July 85 Call Calendar (75 cents) and sell the June 72.50 Put (60 cents).

Trade Idea 4: Buy the June 72.50/80/82.50 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 month of April, including Chairman Powell’s last FOMC meeting, in the books saw equities continue to show strength driving to new all-time highs for the third week in a row.

Elsewhere, look for Gold to continue walking the fence between a downtrend and digestion in the uptrend while Crude Oil bounces around in broad consolidation near $100/bbl. The US Dollar Index looks to continue to drift in consolidation, this time to the downside, while US Treasuries continue to hold over 16 month support like nothing is happening. The Shanghai Composite looks to continue a short term uptrend closing in on the 2025 top and a new 11 year high while Emerging Markets push to new highs in their uptrend.

AIG, $AIG, comes into the week at resistance in an ascending triangle. The target move on a break higher would be to 92.50. The Bollinger Bands® are shifted to the upside to allow a move. The RSI is coiling just under the bullish zone with the MACD positive and rising. There is resistance at 84.50 and 86 then 87.75 and back to 2008 at 94 and 125 before 208. Support lower is at 83 and 81.50. Short interest is low at 1.6%. The stock pays a dividend with an annual yield of 2.13% and will trade ex-dividend starting June 13th.

The company is expected to report earnings next on July 29th. The June options chain shows the biggest open interest at 70 then 65 strikes on the put side. On the call side it is also biggest at 70 then 85. In the July chain there is little open interest as of yet. Finally, the August chain has biggest open interest at the 82.50 strike on both the put and call sides.

Trade Idea 1: Buy the stock on a move over 85 with a stop at 81.50.

Trade Idea 2: Buy the stock on a move over 85 and add a June 82.50/77.50 Put Spread ($1.05) while selling the August 92.50 Calls (85 cents).

Trade Idea 3: Buy the July/August 90 Call Calendar ($1.05) while selling the July 77.50 Puts (80 cents).

Trade Idea 4: Buy the August 77.50/87.50/92.50 Call Spread Risk Reversal (40 cents).

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 May Options Expiration in the books, saw equity markets display strength gapping up and then running higher.

Elsewhere look for Gold to continue its digestion in the uptrend while Crude Oil continues to trend lower. The US Dollar Index continues a short term move to the upside while US Treasuries consolidate in their downtrend. The Shanghai Composite looks to continue in consolidation while Emerging Markets are on the cusp of breaking consolidate to the upside.

AIG, $AIG, comes into the week at resistance. It is also at a 15½ year high. Back in September 2008 it gapped down from 214.87 to close the next day at 84.25. The RSI is in the bullish zone and rising with the MACD positive and moving higher. There is resistance at 80.75 then 95 and 125 before that gap to 214.87. Support lower is at 78.50 and 77.25. Short interest is low at 1%. The stock pays a dividend with an annual yield of 1.99% and will start trading ex-dividend on June 14th. 

The company is expected to report earnings next on July 30th. The June options chain shows the biggest open interest at the 77.50 strike on the put side and the 82.50 strike on the call side. There is also good size at the 75, 77.50 and 80 calls. In the July chain the biggest open interest is at the 105 put and at the 80 and 90 call strikes. In the August chain open interest builds from 82.50 to a peak at 77.50 then fades on the put side. On the call side it is biggest at the 75 strike.

AIG, Ticker: $AIG

Trade Idea 1: Buy the stock on a move over 80.75 with a stop at 78.

Trade Idea 2: Buy the stock on a move over 80.75 and add a June 80/77.50 Put Spread ($1.00) while selling the July 85 Calls (90 cents).

Trade Idea 3: Buy the July/August 85 Call Calendar ($1.00) and sell the June 77.50 Put (70 cents).

Trade Idea 4: Buy the August 75/82.50/90 Call Spread Risk Reversal ($1.00).

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 May options expiry in the books, saw equity markets with renewed strength moving to new all-time highs.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a pullback. The US Dollar Index continues to pullback in its short term uptrend while US Treasuries bounce in their downtrend. The Shanghai Composite looks to continue the short term move higher while Emerging Markets build a short term uptrend.

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

Adobe, Ticker: $ADBE

Adobe, $ADBE, comes into the week moving higher. It has a RSI rising in the bullish zone with the MACD positive and moving up. Look for continuation to participate…..

AIG, Ticker: $AIG

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

Amgen, Ticker: $AMGN

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

Donaldson, Ticker: $DCI

Donaldson, $DCI, comes into the week moving higher. It has a RSI in the bullish zone with the MACD positive. Look for continuation to participate…..

Eaton, Ticker: $ETN

Eaton, $ETN, comes into the week at an all-time high. 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 the January options expiration in the books, saw equity markets displaying strength with both the large cap S&P 500 and Nasdaq 100 closing at new all-time highs.

Elsewhere look for Gold to continue its pullback in the uptrend while Crude Oil consolidates in a narrow range. The US Dollar Index continues to bounce to the upside while US Treasuries remain in their downtrend. The Shanghai Composite looks to continue its trend lower while Emerging Markets consolidate over long term support.

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

AIG, Ticker: $AIG

AIG, $AIG, comes into the week rising to resistance. It has a RSI at the midline with the MACD moving higher. Look for a push over resistance participate…..

Edwards Lifesciences, Ticker: $EW

Edwards Lifesciences, $EW, comes into the week approaching resistance and the 200 day SMA. It has a RSI in the bullish zone and a MACD positive and rising. Look for a push over resistance to participate…..

Alphabet, Ticker: $GOOGL

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

Global Payments, Ticker: $GPN

Global Payments, $GPN, comes into the week rising to resistance. It has a RSI rising through the midline with the MACD negative but rising. Look for a push over resistance to participate…..

Meta Platforms, Ticker: $META

Meta Platforms, $META, comes into the week at resistance. It has a RSI in the bullish zone with the MACD flat but 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 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 first week of April in the books, saw equity markets were mixed with the large caps and tech focused indexes digesting gains while the small caps took a blow to the body.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates the renewed move higher. The US Dollar Index looks to continue to move lower while US Treasuries test the top of broad consolidation. The Shanghai Composite looks to also test the top of consolidation while Emerging Markets continue sideways.

AIG, $AIG, comes into the week ready to test resistance with the move back to the post pandemic highs in sight. The RSI is holding in the bullish zone with the MACD drifting lower but positive. The Bollinger Bands are drifting to the upside to allow continuation higher. There is resistance at 64.75 and then 65.75 and 67.25 (2017) then 80 (2008) and 95 before 125. Support lower comes at 63.30 and 62.25 then 61.50. Short interest is low under 1%. The stock pays a dividend with a 1.99% annual yield and has traded ex-dividend since December 14th. 

The company is expected to report earnings next on February 14th. The January options chain shows the biggest open interest at the 60 strike on the put side and large amounts at $2.50 increments from 57.50 to 65. The February chain has biggest open interest at the 57.50 strike on the put side and the 65 strike on the call side. In the March chain the biggest open interest is at the 52.50 put and it is spread from 57.50 to 70 on the call side.

AIG, Ticker: $AIG

Trade Idea 1: Buy the stock on a move over 64.75 with a stop at 61.50.

Trade Idea 2: Buy the stock on a move over 64.75 and add a February 62.50/57.50 Put Spread ($1.05) while selling the March 70 Calls (55 cents).

Trade Idea 3: Buy the February/March 67.50 Call Calendar (70 cents).

Trade Idea 4: Buy the March 60/65/67.50 Call Spread Risk Reversal (30 cents).

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 January options expiration, saw equity markets showed strength, rising close to a test of important resistance.

Elsewhere look for Gold to continue to move higher while Crude Oil consolidates in a tightening range. The US Dollar Index continues to move to the downside while US Treasuries come closer to an uptrend reversal. The Shanghai Composite looks to possibly shift to an uptrend while Emerging Markets confirm an uptrend.

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

AIG, Ticker: $AIG

AIG, $AIG, comes into the week pulling back from the 20 day SMA. It has a RSI dropping from the midline with the MACD level and negative. Look for continuation to participate…..

CF Industries, Ticker: $CF

CF Industries, $CF, comes into the week holding at resistance. The RSI is rising towards the bullish zone with the MACD positive and moving higher. Look for a push over resistance to participate…..

Canadian Natural Resources, Ticker: $CNQ

Canadian Natural Resources, $CNQ, comes into the week pushing through resistance. It has a RSI rising into the bullish zone with the MACD crossed up. Look for continuation to participate…..

Johnson & Johnson, Ticker: $JNJ

Johnson & Johnson, $JNJ, comes into the week at a 7 month low. It has a RSI falling in the bearish zone with the MACD crossed down and negative. Look for continuation to participate…..

Northrop Grumman, Ticker: $NOC

Northrop Grumman, $NOC, comes into the week at resistance. It has a RSI rising toward the bullish zone with the MACD positive and rising. 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 first week of October in the books, noted that equity markets continued the trend lower after a big 2 day tease at the start of the week to the upside.

Elsewhere look for Gold to continue its bounce in the downtrend while Crude Oil is possibly reversing higher out of its downtrend. The US Dollar Index continues the strong move to the upside while US Treasuries continue their downtrend. The Shanghai Composite looks to continue the move lower after a week off while Emerging Markets continue the long term downtrend.