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ETF Sector Relative Strength Corner: Leisure Group to Outperform
Leisure & Entertainment (PEJ) is the ETF for Dynamic Leisure and Entertainment stocks within the Discretionary sector. It has been showing relative strength as of late after finding support near the YTD VWAP during a summer pullback from recent highs. PEJ is flat...
Darden (DRI) Earnings Preview
Darden (DRI) reporting earnings on Thursday 9/23 before the open with the Street looking for $1.65 on $2.23B in sales. Next quarter is guided to $1.44/$2.19B while the FY is $7.43/$9.4B, a 30% increase Y/Y. Shares have closed higher in five of the last six with an...
Top Provider of Aerospace Components Draws Insider Buys Amid Improving Outlook for Industry
Transdigm (TDG) nice setup with shares pulling back to the 200-MA after a big run from the March 2020 lows and size insider buy on 9/7 from CFO Michael Lisman of 1,700 shares at $591.19, a more than $1M investment. TDG shares are basically flat for the year but...
Top Biotech Setting Up for New Highs
Horizon Therapeutics (HZNP) starting to move above monthly value last week and coiled in a multi-week range under recent highs at $111.70. Shares are following the rising 55-EMA higher since early July and breakout continuation has a measured move to $120 with both...