#$cfr

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

BJ’s Wholesale Club, Ticker: $BJ

BJ’s Wholesale Club, $BJ, comes into the week at support. The RSI is falling in the bullish zone with the MACD positive but dropping. Look for a drop through support to participate…..

Cullen/Frost Bankers, Ticker: $CFR

Cullen/Frost Bankers, $CFR, comes into the week sitting on support. It has a RSI dropping in the bullish zone with the MACD shifting to negative. Look for a break of support to participate…..

Cummins, Ticker: $CMI

Cummins, $CMI, comes into the week on support. The RSI is falling in the bearish zone with the MACD negative. Look for a break of support to participate…..

Coterra Energy, Ticker: $CTRA

Coterra Energy, $CTRA, comes into the week at support. It has a RSI in the bearish zone and the MACD negative. Look for a break of support to participate…..

MongoDB, Ticker: $MDB

MongoDB, $MDB, comes into the week in consolidation. It has a RSI coming out of oversold and a MACD crossing up but negative. Look for a move out of consolidation 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 3rd Quarter wrapped up, equity markets showed further weakness ending at or below the prior lows of the year.

Elsewhere look for Gold to continue its pullback while Crude Oil continues to move lower. The US Dollar Index continues to trend to the upside while US Treasuries pullback in their downtrend. The Shanghai Composite looks to continue the move lower while Emerging Markets accelerate to the downside.

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

AbbVie, Ticker: $ABBV

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

Conagra, Ticker: $CAG

Conagra, $CAG, comes into the week reversing higher. It has a RSI moving back higher as well with the MACD falling and negative. Look for continuation to participate…..

Cullen/Frost Bankers, Ticker: $CFR

Cullen/Frost Bankers, $CFR, comes into the week clinging to support. It has a RSI falling in the bullish zone with the MACD curling to cross down. Look for a break of support to participate…..

Northwest Bancshares, Ticker: $NWBI

Northwest Bancshares, $NWBI, comes into the week at resistance. It has a RSI rising over the midline with the MACD curling to cross up. Look for a break of resistance to participate…..

Sempra, Ticker: $SRE

Sempra, $SRE, comes into the week pulling back from a higher high. The RSI is dropping in the bullish zone with the MACD crossing down. Look for continuation 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 week of the September FOMC meeting, saw equity markets had pulled the rug out from under traders, giving up the nascent reversal off the early September low and driving to new 2 month lows.

Elsewhere look for Gold to continue its pullback while Crude Oil continues to the downside as well. The US Dollar Index continues to trend to the upside while US Treasuries continue their downtrend. The Shanghai Composite looks to continue the short term move lower while Emerging Markets continue their downtrend.

The Volatility Index is slightly elevated and threatening to move higher, making the path easier for equity markets to the downside. Their charts look weak, especially on the longer timeframe following bearish engulfing weekly candles. On the shorter timeframe the IWM, the QQQ and the SPY all printed hammer candles for a possible reversal, but at a lower low and the lowest level in two months, negating the hope of a reversal.

EARNING UPDATE $CFR Cullen/Frost Bankers, Inc. for quarter ending q_Sep18 – Revenue grew, Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on CFR [lwa][/s2If][s2If current_user_can(access_s2member_level0)]Cullen/Frost Bankers, Inc. reported earnings (EPS) of 0.00 per share for the quarter ending q_Sep18. This is vis-vis 1.68 per share for the previous quarter ending q_Jun18, a decline of 100 %. Compared to last year same quarter (q_Sep17),…

$CFR 2018-07-31 : Transcripts- Edited Transcript of CFR 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 Cullen/Frost Bankers Inc Earnings Call

SAN ANTONIO Aug 1, 2018 (Thomson StreetEvents) — Edited Transcript of Cullen/Frost Bankers Inc earnings conference call or presentation Thursday, July 26, 2018 at 3:00:00pm GMT

TEXT version of…

$CFR 2018-07-30 : Transcripts- CFR Edited Transcript of CFR 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 Cullen/Frost Bankers Inc Earnings Call

SAN ANTONIO Jul 31, 2018 (Thomson StreetEvents) — Edited Transcript of Cullen/Frost Bankers Inc earnings conference call or presentation Thursday, July 26, 2018 at 3:00:00pm GMT

TEXT version of…

The Federal Reserve (Fed) is poised to enter a cycle of raising interest rates this September, and market anxiety is palpable. Every new set of Fed minutes are met with increasing scrutiny — will they start hiking rates in September? Or, will it be December? Since the economy’s expansion is already weak(ish), will this be the straw that breaks the camel’s back? Are stocks doomed? The Fed will likely initiate the first rate hike in September, yet that won’t stop the economy from growing. I’m expecting the economy to soon transition into, roughly, a year-long period of 3% growth and stocks to post mid-single digit growth for the remainder 2015. In other words, there’s little reason to get “defensive” with your portfolio. I don’t see anything close to resembling doomsday—just business as usual. Here are four reasons why. 1. The Market Already Knows – Fed rate hike timing has been one of the most widely discussed economic topics in the last two or three years, and at no point has Janet Yellen dealt us a shocking shift in her thinking for policy setting. The Fed is more transparent than ever—providing market guidance for interest rate policy and, as such, plenty of information to price-in the effect of rate hikes. A good rule of thumb with investing is—if everyone is talking about a hot topic, it probably won’t have much impact. 

2. Stocks Have Done Well During Rate Hike Cycles – if you look back at the last three stretches of Fed interest rate increases, stocks actually performed quite well: It makes sense why the market would do well during tightening cycles – the Fed typically raises rates when the economy has underlying health and strength, which means growth is good and corporations are in a position to expand earnings. All positive forces for stocks. 

3. The Pace of Rate Hikes Should be Gradual – Janet Yellen was spot-on in a recent comment she made at a Fed meeting calling out analysts and pundits for focusing on the wrong thing: “what should matter to market participants is the entire expected trajectory of policy.” While the media is making a fuss over when the first hike will occur, more importantly is how gradually the rate hikes will happen. Slow and gradual increases, spread out over years, gives the market and economy time to adjust. 4. Earnings and Global Economic Growth Should Continue – strip away the negative stories of a Greek exit from the euro zone, China’s wildly volatile stock market and ‘implications’ of Fed rate hikes and you’ll find a global economy set to expand at a consistent—if not slightly better— pace than last year. Europe is hitting stride as they implement their own version of “quantitative easing,” China is still set to grow 7% on year and we see the U.S. expanding a very acceptable 3% in the next year. Economic growth typically bodes well for earnings growth, and stocks should respond in kind. The Bottom Line for Investors There is one thing I’ll concede as we enter a period of Fed ‘tightening’— the era of rapid multiple growth in this bull market is likely behind us. From here, I think the market will move more in tandem with earnings, which may mean mid-single digit growth in the year or two ahead. That doesn’t mean it’s time to look elsewhere for returns. And, I certainly don’t think you should shift strategy on account of a Fed decision to hike interest rates gradually from here. Compared to yields on fixed income and cash, stocks still look very attractive for investors seeking long-term growth. The impact of the Fed rate hike will not be immediate, however as an investor, you should be careful when picking stocks. The best approach may be to diversify your portfolio and seek long-term growth. So where should you look for long-term growth? You might consider the Zacks Mid-Cap Core Strategy, which seeks to outperform the Russell Mid-Cap index and is optimized for the best risk-adjusted return potential. No matter where you decide to invest, it's important to stay updated on what experts are predicting for the market in the months to come. That is why I have arranged for you to receive our newly released Zacks latest Market Outlook. This report, updated for August, 2015 covers a review of Q2 and our economic outlook in full and is shaped by the upcoming Fed increase and a multitude of other factors, there are changes to our predictions for the S&P 500 and the economy as a whole. I recommend that you click below and download today to gain valuable insights when making portfolio decisions.  FREE DOWNLOAD: NEW FOR Q2 - Zacks Market Outlook - August 2015  Best Regards, and Better Returns! —Mitch

Disclosure:  Past performance is no guarantee of future results. Inherent in any investment is the potential for loss.

Zacks Investment Management, Inc. is a wholly-owned subsidiary of Zacks Investment Research. Zacks Investment Management is an independent Registered Investment Advisory firm and acts as an investment manager for individuals and institutions. Zacks Investment Research is a provider of earnings data and other financial data to institutions and to individuals.

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

Cullen/Frost, Ticker: $CFR

Cullen/Frost, $CFR, has been trending higher since coming out of a consolidation over March and April. The last two weeks saw a minor pause and resistance from over 78. With the RSI in the bullish zone and the MACD trending higher look for a break above resistance or a pullback to rising trend support and reversal as an entry.

Deere, Ticker: $DE

Deere, $DE, has had a drift higher since October in a wide range, with some long set backs and consolidations along the way. Currently it is in a falling wedge, with the Bollinger Bands® squeezing. The MACD is retreating as price falls but the RSI is holding over the mid line in the bullish zone. Watch for a break of the wedge to the upside.

Lear, Ticker: $LEA

Lear, $LEA, moved higher off the low in October. There has been rising trend support forming since March and that has been getting squeezed against resistance since late April, forming an ascending triangle. The RSI is in the bullish zone and the MACD is trying to cross positive. Look for a break of the triangle to the upside.

Varian Medical Systems, Ticker: $VAR

Varian Medical Systems, $VAR, had moved higher off of the October low too, leading to a rising channel forming from February through April. it broke that channel to the downside and has since been building an expanding wedge. The price action ended last week at the top of the wedge with improving momentum from the RSI breaking the mid line and the MACD rising. A break over the wedge has a long way to rise to fill the gap.

Vulcan Materials, Ticker: $VMC

Vulcan Materials, $VMC, has moved strongly higher off of the low with the market in October. Since March the price action has seen a long bull flag break to the upside and now another long bull flag. The price peeked over the top of this flag Friday and has support to run higher from a bullish RSI. The MACD is also turning, looking to reverse its pullback.

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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, as the markets head out of June Options Expiration and officially into summer sees equities continue to churn with an upward bias.

Elsewhere look for Gold to be biased to the upside short term in its consolidation while Crude Oil consolidates with an upward bias. The US Dollar Index looks headed lower in its broad consolidation of the long move up while US Treasuries may be consolidating in their downtrend. The Shanghai Composite may be beginning its long awaited correction, or just doing its 4th 10% plus move lower before another launch higher, while Emerging Markets are biased to the may be consolidating after their move lower.

Volatility looks to remain subdued keeping the bias higher for the equity index ETF's SPY, IWM and QQQ. The IWM continues to look the strongest on the short time frame as it sits at all-time highs, with the QQQ strong as well on the weekly timeframe and the SPY stuck in a funk consolidating. Use this information as you prepare for the coming week and trad'em well.