TAOST Quote of The Week "The successful warrior is the average man with laser focus." -- Bruce Lee |
| Week Beginning 8 January 2018 |
| | | News flow expected from multiple sources this week... and that's not inclusive of normal daily economic announcements
Conferences
- CES (Consumer Electronics) in Vegas; Tech industry's biggest conference; Some tickers to watch -- VZ, AAPL, GOOG, BIDU, and QCOM
- ICR Retail Conference in Orlando; 150 companies scheduled to make presentations following strong holiday season; Tickers CROX, URBN, LULU, SHAK, LB, and DPZ
- JP Morgan Healthcare Conference in San Francisco; VRTX, ALXN, JAZZ, REGN, BIIB, GILD, and CELG
Notable Earnings: - CUDA, LEN, KBH, SVU, DAL, JPM, WFC, BLK, PNC, and INFY
Barron's Notes: - FDX potentially +20% on capex investments paying off
- +ive Macau Casinos - WYNN, MLCO, LVS, MGM
- Suggests lighten up on FAANG given 49% runup in '17
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| | | | | QCOM - Has to get through interim resistance at red line before bullish
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| | URBN - Lower Highs and Lower Lows... not what I like to buy
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| | LULU - My favorite chart pattern
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| | VRTX - Bull flag... expect new highs all over again... Click to check out this long time favorite of mine...
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| | REGN - If this stock breaks the support level at the line, look out below.
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| | LEN - Lennar was in my favorite chart pattern... this is the after math.
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| | WYNN - Price approaching long ago resistance... how it acts at this level should tell you a lot.
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| | | LVS - Las Vegas Sands was turned away by TMZ once before... |
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| | As always, make up your own mind and risk above all else no matter what you do.
Have a good week.
KIS,
The Trader
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