Trade of the Week
Seasonal Stock Setup: Large Cap Semiconductor with Bullish Tailwind
Broadcom (AVGO) has a strong seasonal history in November and December with 7 of the last 10 years higher in each month for an average November return of +4.7% and +5.2% average December gains. This lines up with its sector the Semiconductor’s that have seen strength...
ETF Sector Corner: Seasonal Tailwind for Relative Strength Staples Group
Consumer Staples Select Sector SPDR Fund (XLP) - The ETF offers exposure to the consumer staples sector, making it an appealing option for investors looking to implement a sector rotation strategy or tilt exposure towards corners of the U.S. market that may perform...
Bull Put Spreads in Payments Leader Forming Long Base
PayPal (PYPL) has pulled back to the monthly VPOC support of 85 after a strong rally off lows to start the month near 72. With a cluster of key moving averages also in this 85 region the stock has good potential to rebound back into the 90-100 range with YTD VWAP up...
Top Bank Forming Bull Flag for Quick Weekly Trade
Seasonal Stock Setup: Software Cloud Networking Name Showing Relative Strength
Arista Networks (ANET) has a strong seasonal history in November with 7 of the last 8 years higher since its IPO for an average November return of +12.5%. This is the strongest calendar month for the stock and as it nears 52-week highs it could be poised to breakout...
ETF Sector Corner: Seasonal Tailwind in Rebounding Homebuilders
iShares U.S. Home Construction ETF (ITB) - This ETF offers exposure to the U.S. homebuilding industry, and as such offers exposure to a corner of the domestic economy that tends to be cyclical in nature. In addition to pure play homebuilders, this fund includes...
Bull Put Spreads in Rural Lifestyle Retailer
Tractor Supply (TSCO) has pulled back to a cluster of supportive moving averages the past few weeks and the top of monthly value area near 205 with the YTD VWAP also nearby and 200 being a key large volume level the last 6 months. The stock is trying to regain the...
Weekly Option Trade Setup in Big Cap Software Name
Seasonal Stock Setup: Railroad Leader Has Bullish Calendar Tailwind
CSX (CSX) has a strong seasonal history in November with 8 of the last 10 years higher for an average return of +5%. This is similar to October that has strong seasonality start in the stock and Industrial sector as a whole with XLI up in November 9 of the last 10...
ETF Sector Corner: Seasonal Tailwind Starting in Beaten Down Real Estate Group
iShares U.S. Real Estate ETF (IYR) - This ETF offers exposure to the real estate industry within the U.S. equity market, an asset class that has been recently overlooked by many investors following the unprecedented housing crisis. IYR follows the Dow Jones U.S. Real...