Trade of the Week
Seasonal Stock Setup: Chocolate Giant Sees Strong Seasonal Tailwind into Easter
Hershey (HSY) has a strong seasonal history in March with 12 of the last 15 years higher in the month for an average return of +2.2% in the month of March and +2% avg gains in April with the name being up 10 of the last 15 years in that month which features Easter and...
ETF Sector Corner: Natural Gas Bottoming Just in Time for Seasonal Bullish Tailwind
First Trust Natural Gas ETF (FCG)- This ETF gives investors an opportunity to achieve exposure to natural gas, an important fuel for both heating and cooling. For investors looking to bet on increased demand for a raw material used widely in power production but are...
Bull Put Spreads in Oversold E-Commerce Giant Bank Near Large Support
Amazon (AMZN) has pulled back to the bottom edge of monthly value area support at around 93 and formed a strong reversal candle last week back into value closing above the 8 EMA. The stock has had a steep selloff and underperformed the market in February as it...
Quick Setup in Weekly Options for Top Semi
Bull Put Spreads in Travel and Lodging Leader Back at Support After Strong Results
Airbnb (ABNB) has pulled back to the 21 EMA near 120 after seeing a strong surge to 140+ after its positive earnings report this month and now has filled that gap and is likely to bounce from here as the trend continues. ABNB has a lot to like technically and has been...
Quick Weekly Option Trade Setup in Healthcare Giant
Seasonal Stock Setup: Nat Gas Producer Back into Large Support Ahead of Strong Calendar Season
Coterra Energy (CTRA) has a strong seasonal history in March and April with 10 of the last 15 years higher in each month for an average return of +7% in the month of March and +4.2% avg gains in April. The commodity it produces Natural Gas has been sold off hard but...
ETF Sector Corner: Insurance Group Points to Higher Highs Into Bullish Seasonality
SPDR S&P Insurance ETF (KIE)- This ETF gives investors a way to play insurance companies, a sub-sector of the financial sector that offers a unique risk/return profile relative to traditional financial exposure. Whereas financial funds such as XLF are dominated by...
Bull Put Spreads in Mega Cap Integrated Oil Leader Pulling Back to Support
Chevron (CVX) has pulled back to the large volume node of the last year as it nears the 2022 yearly POC at 158 after a recent pop above the value area was rejected on the large buyback news. A quick 13% pullback offers up a support zone nearing to sell put spreads...