#$dva

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

DaVita, $DVA, comes into the week rounding up from the 200 day SMA. It has a RSI rising toward the midline with the MACD curling up. Look for continuation to participate…

Fiserv, $FI, comes into the week pressing on resistance in consolidation. It has a RSI at the midline with the MACD curling up. Look for a push over resistance to participate…

GE Aerospace, $GE, comes into the week rounding out of a pullback. It has a RSI rising and a MACD curling towards a cross up. Look for continuation to participate…

General Motors, $GM, comes into the week rounding out of a pullback. The RSI is rising to the midline with the MACD curling to cross up. look for continuation to participate…

Visa, $V, comes into the week at resistance. It has a RSI rising 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 with just 5½ trading days left in 2024, saw the week showing a crack in equity markets following the FOMC December meeting.

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

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

Aflac, Ticker: $AFL

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

DaVita, Ticker: $DVA

DaVita, $DVA, comes into the week approaching resistance. The RSI is in the bullish zone with the MACD positive. Look for a push over resistance to participate…..

First Solar, Ticker: $FSLR

First Solar, $FSLR, comes into the week rounding higher. The RSI is at the midline with the MACD crossing up. Look for continuation to participate…..

UPS, Ticker: $UPS

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

Valero Energy, Ticker: $VLO

Valero Energy, $VLO, comes into the week breaking resistance. It has a RSI in the bullish zone with the MACD positive. 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 with the 2nd Quarter in the books, saw equity markets showed strength reversing the pull backs from the prior week.

Elsewhere look for Gold to continue its pullback while Crude Oil consolidates in the lower end of a broad range. The US Dollar Index continues to drift to the upside in consolidation while US Treasuries churn in their own consolidation range. The Shanghai Composite looks to continue the slow drift lower while Emerging Markets consolidate.

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

Chevron, Ticker: $CVX

Chevron, $CVX, comes into the week pulling back to support. It has a RSI falling in the bullish zone with the MACD positive. Look for a break of support to participate…..

DaVita, Ticker: $DVA

DaVita, $DVA, comes into the week at resistance. It has a RSI in the bullish zone with the MACD crossing up. Look for a push over resistance to participate…..

Fidelity National Information Services, Ticker: $FIS

Fidelity National Information Services, $FIS, comes into the week pushing on resistance. The RSI is in the bullish zone with the MACD positive. look for a push higher to participate…..

MongoDB, Ticker: $MDB

MongoDB, $MDB, comes into the week pushing on resistance. It has a RSI in the bullish zone with the MACD positive. Look for continuation higher to participate…..

Snowflake, Ticker: $SNOW

Snowflake, $SNOW, comes into the week moving higher. It has a RSI in the bullish zone with the MACD positive. 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 with just 2 trading days left in January, saw equity markets showing strength as they move higher. And with the Santa Claus Rally and 1st Five Days of January both positive is seems a lock that there will also be a Positive January to have all 3 indicators align to set up a positive performance indication for all of 2023.

Elsewhere look for Gold to continue its uptrend while Crude Oil consolidates in a tight range. The US Dollar Index continues to drift to the downside while US Treasuries consolidate the bounce in their downtrend. The Shanghai Composite comes back from holiday looking to continue the move higher while Emerging Markets continue to enjoy an uptrend.

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

Cincinnati Financial, Ticker: $CINF

Cincinnati Financial, $CINF, moved up off a touch at the 50 day SMA in February to a top in March. It has rounded out of a pullback since and is making a push over resistance into the new week. The RSI is rising in the bullish zone with the MACD lifting and positive. Look for continuation to participate…..

DaVita, Ticker: $DVA

DaVita, $DVA, ran from the 50 day SMA in late October to a top in January. It pulled back to a higher low and then reversed in late February. It paused in March and now has continued higher through resistance Friday. The RSI is rising in the bullish zone with the MACD positive and climbing. Look for continuation to participate…..

Generac, Ticker: $GNRC

Generac, $GNRC, made a top in February and then pulled back. It settled into consolidation and has remained there since. The RSI is oscillating around the mid line with the MACD flat but positive. Look for a break of consolidation to participate…..

JB Hunt Transport, Ticker: $JBHT

JB Hunt Transport, $JBHT, came off a November low to reach a high in April. This was also a failed break to the upside over resistance. The stock has been consolidating for a month with the RSI holding over the mid line and the MACD level after pulling back. Look for a push over resistance to participate…..

Lockheed Martin, Ticker: $LMT

Lockheed Martin, $LMT, rose from a bottom in February and continued to a top 2 weeks ago. It pulled back to a higher high and then reversed at the end of last week. The RSI is also rising with the MACD level after resetting lower. 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 with April in the books sees equity markets continue to show strength, particularly in the larger caps.

Elsewhere look for Gold to pause in the reversal higher while Crude Oil consolidates in its uptrend. The US Dollar Index continues to trend lower while US Treasuries possibly resume their downtrend. The Shanghai Composite looks to continue the slow drift sideways while Emerging Markets consolidate in their uptrend.

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

Cummins, Ticker: $CMI

Cummins, $CMI, made a top in March and pulled back into consolidation. It ended last week at resistance with the RSI moving up and the MACD about to cross. look for a push over resistance to participate…..

DaVita, Ticker: $DVA

DaVita, $DVA, had a quick move up in November and then topped out in early January. It pulled back into February and then reversed to a lower consolidation. Friday it broke that to the upside. The RSI is rising in the bullish zone and the MACD positive and rising. Look for continuation to participate…..

eBay, Ticker: $EBAY

eBay, $EBAY, broke consolidation and made a top pin February. It pulled back to the 200 day SMA and then reversed, pushing to a higher high to end last week. The RSI is rising and bullish with the MACD positive and climbing. Look for continuation to participate…..

Global Payments, Ticker: $GPN

Global Payments, $GPN, moved up off a November low to a top at the end of the year. It pulled back again from there, but last week ending pushing above that prior high. The RSI is rising in the bullish zone with the MACD positive and rising. Look for continuation to participate…..

The Bancorp, Ticker: $TBBK

The Bancorp, $TBBK, had a strong run higher to a top in March before pulling back. It has been rounding out a bottom since, breaking higher Friday. The RSI is rising in the bullish zone with the MACD crossed up and 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 April options expiration in the books, saw large cap equity markets continue to show strength moving to all-time highs, with the small caps lagging behind in consolidation.

Elsewhere look for Gold to continue its reversal higher while Crude Oil moves out of consolidates to the upside. The US Dollar Index continues to pullback in its short term move higher while US Treasuries are rebounding in their downtrend. The Shanghai Composite looks to pause in its move higher while Emerging Markets consolidate the pullback in their uptrend over long term support.

EARNING UPDATE $DVA DaVita Inc. for quarter ending q_Jun18 – Revenue fell but Margins expanded

[s2If !current_user_can(access_s2member_level0)]Please login to read the earning update on DVA [lwa][/s2If][s2If current_user_can(access_s2member_level0)]DaVita Inc. reported earnings (EPS) of 1.53 per share for the quarter ending q_Jun18. This is vis-vis 0.98 per share for the previous quarter ending q_Mar18, a growth of 56.1 %. Compared to last year same quarter (q_Jun17), earnings grew from…

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

Anthem, Ticker: $ANTM

Anthem, $ANTM, ran higher, peaking at the end of January. It pulled back and then settled into a 5 month consolidation with a slight upward drift. Recently it pulled back from making a higher high to a higher low. And Friday it started moving higher again. The RSI is rising in the bullish zone with the MACD level but positive. Look for continuation to participate higher.....

Apache, Ticker: $APA

Apache, $APA, started higher in March and has continued to move up. Last week it closed a gap from January, ending the week at resistance. The RSI is in the bullish zone with the MACD positive and rising. Look for a push over resistance to participate to the upside.....

Costco, Ticker: $COST

Costco, $COST, started higher out of consolidation in June and ran to an all-time high toward the end of the month. It pulled back from there to the 20 day SMA in a bull flag. Friday saw it breaking the bull flag to the upside. The RSI is rising in the bullish zone with the MACD flat but positive. Look for continuation to participate higher.....

DaVita, Ticker: $DVA

DaVita, $DVA, moved higher over its 200 day SMA with a gap up in December. It ran to a top in January and then started to pullback. It bottomed as it moved under the 200 day SMA again and consolidated for a month. In May it started back higher again and is moving up in steps. Friday looks to have begun the next step up. The RSI is turning back up and the MACD leveling and positive. Look for continuation to participate.....

Intuitive Surgical, Ticker: $ISRG

Intuitive Surgical, $ISRG, has continued to march higher but with some volatile pullbacks. It gapped higher in April and then refilled the gap before a push higher. The price paused in May and then made another move up in June to resistance. Friday it moved back to resistance after a minor pullback 2 weeks ago. The RSI is rising in the bullish zone with the MACD about to cross up and positive. Look for a push over resistance 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 with the 4th of July behind, sees slow holiday trading ahead and it seems to be good for equities so far.

Elsewhere look for Gold to bounce in its downtrend while Crude Oil may pause in its uptrend. The US Dollar Index is also pausing in its uptrend while US Treasuries are breaking out to the upside. The Shanghai Composite continues to look better lower but may have a short term pause while Emerging Markets may be reversing to the upside after a several months long pullback.

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

Agrium, Ticker: $AGU

Agrium, $AGU, made a Tweezers Top in January and then started to move lower. It found a bottom in May in the middle of a broad consolidation that did not end until July. A fast move higher then and a pause led to retracement to the 200 day SMA and then a bounce. Now it is back at prior resistance. The RSI is moving up into the bullish zone while the MACD is crossed up, positive and rising. Look for a push over resistance to participate higher.....

DaVita, Ticker: $DVA

DaVita, $DVA, rose off of a bottom in November, eventually peaking in March. It consolidated for 2 months but then reversed lower. It dropped precipitously to start August and then drifted lower to a bottom. Since then it has been trending higher. The RSI is about to cross the mid line while the MACD is rising and nearing zero. The Bollinger Bands® have squeezed, often a precursor to a bigger move. Look for a push over last week's high to participate.....

Hartford Financial Services, Ticker: $HIG

Hartford Financial Services, $HIG, popped after the election but quickly settled and had a long consolidation for 5 months. In May it finally started moving higher and it peaked in August. From that high it was pulling back for 3 weeks until it hit the 100 day SMA Thursday and then put in a Key Reversal Day Friday with a bullish engulfing candle. The RSI is reversing higher and the MACD is leveling but deep in bearish territory. Look for continuation to participate higher.....

Progressive, Ticker: $PGR

Progressive, $PGR, has a similar set up to Hartford Financial above. A pop after the election stalled in March, consolidated and then pushed higher again. That reached a top in August and pulled back to the 100 day SMA. Friday it also put in a Key Reversal Day. It has a RSI that is rising off of an oversold condition while the MACD is starting to level. Look for continuation higher to participate.....

J.M. Smuckers, Ticker: $SJM

J.M. Smuckers, $SJM, has been making a stair step retreat from a top in August last year. The last piece was a severe drop after their earnings report in late August. It seems to have found support last week and started to turn higher. The RSI has also turned up and is moving out of oversold territory while the MACD is heading towards a cross up. Look for continuation to participate higher.....

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 saw the joy in the equity markets that was there when the week started fade to just a subtle fist pump at the end of the holiday shortened week.

Elsewhere look for Gold to continue in its uptrend while Crude Oil pulls back in its move higher. The US Dollar Index continues to melt down while US Treasuries are biased to the upside. The Shanghai Composite is pausing in its break out and Emerging Markets are biased also consolidating at long term resistance in their uptrend.

Volatility looks to remain low keeping the bias higher for the equity index ETF's SPY, IWM and QQQ. Their charts show some short term retrenchment as they hit highs, while the long term rising trend remains unperturbed. Use this information as you prepare for the coming week and trad'em well.