3 NYSE Stocks Ready For Rally(based on the
article)
"Big Lots never really got going upward too much at all after the late 2018 lows. The downtrend on the weekly price chart is
obvious. The short float is definitely big: at 19.8% it comes in at among the most shorted of stocks on the Big Board. Quarterly
earnings are way off and the year looks to come in negative. Analysts have to wonder if that big 6.1% dividend yield can be
sustained under the circumstances. You would have to think that hedge funds specializing in short strategies may be
involved."
"Delphi Technologies is another one unable to keep up with the broader indices and which now comes in at a lower low than the
already depressed December, 2018 level. The short float of 7% is on the high side for an NYSE stock, but it’s not quite in the
outrageous area yet. Analysts at Barclay’s recently reduced their rating on Delphi from “overweight” to “equal weight.”
Similarly, Oppenheimer analysts took their rating down from “out perform” to, simply, “perform.” Long-term debt greatly
exceeds shareholder equity and recent quarterly earnings have been disappointing."
"Taubman Centers is now significantly beneath both the late 2017 low and the late 2018 low. While the widely followed major
indices rallied, this one fell way behind. The short float is relatively high for an NYSE-listed equity: 10% of outstanding
shares are now held short. Again, that high of a figure is an indicator of sorts that hedge funds may have found a fit for a certain
type of investment strategy."
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Chart was made on MT5 with BrainTrading system (MT5) from this
thread (free to download) as well as the following indicators from CodeBase:
BrainTrend2Sig indicator from Codebase (free to download)
Amazon is in talks with J.C. Penney (NYSE:JCP), WWD reports. Amazon is said to be a contender for either all or parts of JCP. "There is an
Amazon team in Plano as we speak," said one source. "There is a dialogue and I’m told it has a lot to do with Amazon eager to expand its
apparel business."
A deal would accelerate Amazon’s apparel and retail strategies.
Possibilities include Amazon converting JCP units to its own high-tech retail format. “This could be a new tech-driven retail model,” said the
source.
Amazon could also convert some JCP sites into distribution centers. “Penney has about 30 freestanding locations with a lot of land,
which could be converted,” the source said. "They do have some good real estate."
A sale of Penney is no certainty, but a deal wouldn’t be expensive given the chain’s bankrupt state and seriously depressed stock
price.
Harley-Davidson’s stock: 30% declined since the beginning of the year(based on the article)
"Harley-Davidson’s stock (NYSE: HOG) has declined around 30% since the beginning of the year. The automotive industry is rattled, and Harley-Davidson is no exception. A Covid recession will impact the company’s revenues, cash flows, and ability to pay dividends."
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Charts were made on MT5 with free indicators from CodeBase::
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2019.11.22 07:48
3 NYSE Stocks Ready For Rally (based on the article)
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Chart was made on MT5 with BrainTrading system (MT5) from this thread (free to download) as well as the following indicators from CodeBase:
All about BrainTrading system for MT5:
Forum on trading, automated trading systems and testing trading strategies
Amazon in talks to acquire J.C. Penney
Sergey Golubev, 2020.05.19 11:55
Amazon in talks to acquire J.C. Penney
Amazon is in talks with J.C. Penney (NYSE:JCP), WWD reports. Amazon is said to be a contender for either all or parts of JCP. "There is an Amazon team in Plano as we speak," said one source. "There is a dialogue and I’m told it has a lot to do with Amazon eager to expand its apparel business."
A deal would accelerate Amazon’s apparel and retail strategies.
Possibilities include Amazon converting JCP units to its own high-tech retail format. “This could be a new tech-driven retail model,” said the source.
Amazon could also convert some JCP sites into distribution centers. “Penney has about 30 freestanding locations with a lot of land, which could be converted,” the source said. "They do have some good real estate."
A sale of Penney is no certainty, but a deal wouldn’t be expensive given the chain’s bankrupt state and seriously depressed stock price.
the source..
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Chart was made on MT5 with Brainwashing system/AscTrend system (MT5) from this thread (free to download) together with following indicators:
Forum on trading, automated trading systems and testing trading strategies
Press review
Sergey Golubev, 2020.06.12 16:14
Harley-Davidson’s stock: 30% declined since the beginning of the year (based on the article)==========
Charts were made on MT5 with free indicators from CodeBase::