💡Trade Ideas — $F, $GM, $NVDA, $TSLA, $TWTR
February 4, 2017
Need some trading ideas to get the week started? This is my weekly issue for February 5— February 9 with various financial and trading summaries to generate ideas.
FYI — Headings with underlines indicate a link is available for further research. Calls (predicted trend up) and Puts (predicted trend down) are options underlying a stock or ETF.
Market
Last week the strong bull market turned into a bear market. Friday’s drop of the DOW was on ominous 666 points…Next week will be telling to see if new supports can be made as this past week most tickers broke support.
What follows are trends overall going into next week. The Performance and Overextended scans are pointing to a bearish week. What a difference a week makes as last week’s scans showed the opposite trend.
Earnings Calendar
Earnings season is ending its peak this week with many opportunities. Be sure to review next week’s possibilities below as well.
Earnings 2/12 to 2/16/18
$CNA $DO $FDC $L
$DAN $DBD $PEP $UA
$BG $CMS $CS $DPS $GRPN $HLT $LAD $OMI $SHPG $SODA $TAP $TEX $WYN
$AAN $AVP $CCE $CVE $FTS $GEL $HII $NICE $PBF $PPC $PDS $RS $SHOP $SON $THS $USFD $WM $ZTS
$B $CPB $DE $ENB $EPM $IRM $ITT $KHC $KO $MTU $R $SJM $VMC $WBC
IPO Calendar
$BIOX 2/7/18
$QES $WHD 2/8/18
$IPSC 2/9/18
Economic Calendar
Reports this week include PMI Services, International Trade, Redbook, MBA Mortgage Applications, Consumer Credit, Jobless Claims, EIA Natural Gas, Fed Balance Sheet, Money Supply, and Wholesale Trade.
Financial News
DOW has its worst week in 2 years last week. In fact l, a 666 points drop is rare.
The new Fed chair starts this week with the economy given high marks under exiting Yellen.
Crypto currencies are thought to be stabilizing after large sell offs the past few weeks.
Trade Ideas
$ F— Ford Motor Company
Suggestion — Buy $10.87 2/16/18 Calls. Last $.11x$.13.
$GM — General Motor Company
Suggestion — Buy $41 2/9/18 Calls. Last $.84x$.87.
$NVDA — Nvidia Corp.
Suggestion — Buy $232.50 2/9/18 Puts. Last $9.75x$9.95.
$TSLA — Tesla Inc.
Suggestion — Buy $345 2/9/18 Calls. Last $11.10x$11.50.
$TWTR — Twitter Inc.
Suggestion — Buy $26 2/9/18 Calls. Last $1.62x$1.65.
Toohightoolow Tickers
Here are stocks to watch that are either very oversold (too low) or overbought (too high). Be sure to look for technical crossovers to identify trend turning points.
Calls
$CVX $DPS $F $JUNO $LEG $PE $PH $SMG $UPS
Put
$ALB $SIRI $TRV $VRX
Strong Uptrends
$DECK $LPLA
Favorite ETFs
ETFs are a bundle of assets with a particular theme. What follows are ETFs with nice option volume with estimated trend for the week.
Calls
$EWJ $OIL $USO $VXX $XLE $XLU
Puts
$DIA $EEM $EFA $EWZ $FXI $GDX $GLD $IBB $IWM $QQQ $RSX $SLV $SPY $TLT $UNG $XLB $XLF
Disclaimer
This is not an investment advisory, and should not be used to make investment decisions. Information in Thomas Mann’s posts are opinionated and should be considered for information purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don’t consider buying or selling any stock without conducting your own due diligence.
