#$bx

$BX

#PrivateEquity Giant Blackstone Joins Coveted S&P 500 Club

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

Blackstone, Ticker: $BX

Blackstone, $BX, comes into the week trying to lift out of a bull flag. It has the RSI in the bullish zone with the MACD falling but positive. Look for continuation to participate…..

Edwards Lifesciences, Ticker: $EW

Edwards Lifesciences, $EW, ended the week reversing higher with the RSI also turning back higher and bullish while the MACD levels in positive territory. Look for continuation to participate…..

HollyFrontier, Ticker: $HFC

HollyFrontier, $HFC, pulled back under the 200 day SMA in July and then consolidated. It ended the week at resistance with the RSI rising toward the bullish zone and the MACD close to turning positive. Look for a push over resistance to participate…..

Schneider National, Ticker: $SNDR

Schneider National, $SNDR, comes into the week pushing back to resistance. It has a RSI rising into the bullish zone and a MACD turning positive. Look for a push over resistance to participate…..

Sempra Energy, Ticker: $SRE

Sempra Energy, $SRE, comes into the week approaching resistance with the RSI rising toward the bullish zone and the MACD about to go 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 noted equity markets were a mixed bag this week as the market moved into the low volume dog days of August.

Elsewhere look for Gold to continue its bounce in the pullback while Crude Oil consolidates in a tight range. The US Dollar Index continues to consolidate after the move to the upside while US Treasuries may be resuming their uptrend. The Shanghai Composite looks to consolidate while Emerging Markets continue to pullback toward long term support.

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

Avalara, Ticker: $AVLR

Avalara, $AVLR, fell below the 200 day SMA and confirmed a short term double top at the start of the month. It is now trying to reverse that with the RSI rising and the MACD about to cross up. Look for a push over resistance to participate…..

Blackstone Group, Ticker: $BX

Blackstone Group, $BX, started higher in November and continued to the current consolidation under resistance. It is re-approaching the top now with the RSI rising in the bullish zone and the MACD about to cross up. Look for a push over resistance to participate…..

Fiserv, Ticker: $FISV

Fiserv, $FISV, ran to a top in April after reversing off the 200 day SMA at the end of January. It pulled back from there, finding support at a higher low 2 weeks ago. It has been consolidating there since. The RSI is rising and the MACD about to cross up. Look for a move over resistance to participate…..

IQVIA, Ticker: $IQV

IQVIA, $IQV, broke up out of a descending triangle at the end of March and ran to a top at the end of April. It has consolidated there until a break higher last week. The RSI is rising in the bullish zone with the MACD turning back higher. Look for continuation to participate…..

UPS, Ticker: $UPS

UPS, $UPS, broke up out of a long channel in April and ran to the current high. It is in consolidation with the RSI pulling back and then MACD crossed down and falling. Look for a break of support 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 May options expiration in the books, saw equity markets take a pause.

Elsewhere look for Gold to continue its move higher while Crude Oil consolidates in a tight range. The US Dollar Index continues to drift to the downside and 3½ year lows while US Treasuries consolidation in their downtrend. The Shanghai Composite looks to continue to drift sideways in a broad range while Emerging Markets consolidate over long term resistance in a tightening range.

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

Blackstone, Ticker: $BX

Blackstone, $BX, made a bottom in March and started back higher. It oscillated around the 200 day SMA in May and continued up to a top in early June. A pullback stopped just short of the 200 day SMA and it is now moving back to prior resistance. The RSI is rising in the bullish zone with the MACD turning to cross up. Look for a push over resistance to participate…..

Facebook, Ticker: $FB

Facebook, $FB, topped in January and then made a mild pullback. It rebounded to a lower high and then it dropped fast to the March low. Since then it has move up to a new all-time high and then consolidated. The RSI is in the bullish zone and rising after a rest lower, with the MACD level after a pullback. Look for a push through resistance to participate….

Horizon Therapeutics, Ticker: $HZNP

Horizon Therapeutics, $HZNP, made a low in March and then started higher. It made a new high gapping over the prior level in May and continued to a top at the end of the month. A mild pullback found support last week and reversed back higher. The RSI is rising in the bullish zone with the MACD turning to cross up. Look for a push over resistance to participate…..

KKR, Ticker: $KKR

KKR, $KKR, gapped down in February and then proceeded to a low in March. Since then it has moved higher and is now back at the gap. The RSI is rising and bullish with the MACD lifting and positive. Look for a push over resistance to participate…..

Old Dominion Freight Line, Ticker: $ODFL

Old Dominion Freight Line, $ODFL, started higher off of a low in March. As it crossed into May it broke above the February high and continued to a top at the end of May. It pulled back from there and is now rising again. The RSI is rising in the bullish zone with the MACD turning to cross up and 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 June options expiration and quad witching behind, sees equity markets are mixed heading into the last full week of the first half.

Elsewhere look for Gold to continue to consolidate in the uptrend while Crude Oil consolidates in a broad range. The US Dollar Index looks to move to the upside in a reversal while US Treasuries pullback in their drift lower. The Shanghai Composite looks to continue the move higher in consolidation while Emerging Markets consolidate.

#BX Earning declared EPS = 0.76 vs estimate= 0.75 for Q3/18 #sym #spy #earnings #markets

Earning released for BX: Actual EPS = 0.76 per share Estimate = 0.75 per share

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BX report:

The mean EPS over the last 16 releases is 0.5 per share. The current EPS at 0.76 per share is above the average EPS of the last 16 quarterly earning releases.

BX Stock Chart:

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BX Fundamental Score = Click Here BX…

$BX 2018-07-19 : Transcripts- Edited Transcript of BX earnings conference call

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Q2 2018 Blackstone Group LP Earnings Call

NEW YORK Jul 20, 2018 (Thomson StreetEvents) — Edited Transcript of Blackstone Group LP earnings conference call or presentation Thursday, July 19, 2018 at 3:00:00pm GMT

TEXT version of Transcript

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$BX 2018-07-19 : Transcripts- BX Edited Transcript of BX 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 Blackstone Group LP Earnings Call

NEW YORK Jul 20, 2018 (Thomson StreetEvents) — Edited Transcript of Blackstone Group LP earnings conference call or presentation Thursday, July 19, 2018 at 3:00:00pm GMT

TEXT version of Transcript

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