5 Things to Know This Week

The markets were very erratic last week with early (but not super reliable) signs of trouble.

Between trade war tensions, the 2-year Treasury yield moving above the 10-year Treasury, and an 800 point sell-off on August 14th, investors were left on the edge of their seats going into this week.

It’s not going to be a quiet week for Wall Street and here are the 5 things you should know.

#1 – Awaiting Earnings

Some of the most well-known stocks are scheduled to announce earnings this week.

A massive Chinese technology company, a high-end furniture company, and a do-it-yourself retailer – you’ll find reports from each end of the sector spectrum.

Monday, August 19, 2019

Stock Symbol EPS Estimate MarketClub Rating Entry Signal Report
Baidu, Inc. BIDU $0.87 -75 Report For BIDU
Insys Therapeutics INSY -$0.15 -90 Report For INSY

Tuesday, August 20, 2019

Stock Symbol EPS Estimate MarketClub Rating Entry Signal Report
Kohls Corp KSS $1.53 -75 Report For KSS
Home Depot HD $3.08 +55 Report For HD

Wednesday, August 21, 2019

Stock Symbol EPS Estimate MarketClub Rating Entry Signal Report
Target Corp. TGT $1.62 +75 Report For TGT
Synopsys, Inc. SNPS $1.10 +55 Report For SNPS

Thursday, August 22, 2019

Stock Symbol EPS Estimate MarketClub Rating Entry Signal Report
58.com WUBA $0.79 -75 Report For WUBA
Salesforce.com, Inc. CRM $0.47 -75 Report For CRM

Friday, August 23, 2019

Stock Symbol EPS Estimate MarketClub Rating Entry Signal Report
Williams-Sonoma, Inc. WSM $0.83 +55 Report For WSMA
Foot Locker Inc. FL $0.67 -75 Report For FL

#2 – Major Signals Issued

Within the last 3 trading days, the major trends have shifted for a number of stocks, futures, forex, and mutual funds.

These reversals, spotted by our Trade Triangle technology, confirm strong-aligning trends with momentum.

Exelixis, Inc.

A monthly Trade Triangle just confirmed a trend shift for Exelixis, Inc. (EXEL), an oncology-focused biotechnology company.

After hitting a 6-month high on March 14, 2019, at $24.76, EXEL fell below $19. Our system flagged a change in bullish trend shift at $22.34 on August 19, 2019.

DryShips Inc.

DryShips Inc. owns and operates ocean-going cargo vessels worldwide.

After our Trade Triangles spotted a bullish trend in March of 2019, DRYS continued to fall, hitting a 1-year low of $3.15 on June 10, 2019.

Our technology has been waiting for signs of a reversal for DRYS. That reversal was spotted on August 19, 2019, at $4.50 and a bullish signal was issued.

Polaris Industries, Inc.

Polaris, known for designing and engineering power sports vehicles, just shifted into a long-term bear market according to the Trade Triangle technology.

PII has been choppy in 2019, bouncing between support and resistance at the $79.60 and $93.96 levels respectively.

However, market action was flagged on August 16, 2019 and a new bullish signal was issued.

MarketClub members can find a list of stock, ETFs, mutual funds, or futures markets with new major trend signals anytime by using the Recent Trade Triangle scan – click here if you’re a member and we’ll take you to today’s list.

#3 – Big Events & Reports

Report  Release Date & Time (ET) See Report
Q2 Retail E-Commerce Sales 8/19/19 – 10 AM See Q2 2019 Report
Retail Economist/Goldman Stocks Weekly Chain Store Sales Index 8/20/19 – 7:45 AM Understanding The Store Sales Index
Johnson Redbook Retail Sales Index 8/20/19 – 8:55 AM Locate Redbook Report
MBA Weekly Mortgage Applications Survey 8/21/19 – 7:00 AM Mortgage Bankers Association Newsroom

#4 – Notable Headlines

Weekly Mortgage Refis Spike 37%

A drop in interest rates for 30-year fixed-rate mortgages lead to a double-digit jump in refinance volume as homeowners raced to lower their monthly payments. Read More

London Stock Exchange Goes Dark

For more than 90 minutes on Friday, August 16, 2019, investors were unable to access stocks traded on the FTSE 100 or FTSE 200. This outage comes a little more than a year after the system was slow to start, delaying the trading day by one hour. Read More

Buffett Boosts Stake in Amazon (AMZN)

On Wednesday, August 14, 2019, Berkshire Hathaway increased its stake in Amazon. According to a regulatory note, Berkshire Hathaway’s total investment in AMZN exceeds $1 billion. Read More

#5 – Strongest Markets Trends Starting The Week

Name Symbol MarketClub Rating
JD.com, Inc. JD +100
Aramark ARMK +100
DryShips, Inc. DRYS +100
Roku, Inc. ROKU +100
CVS Health Corp CVS +100
Symantec Corp SYME +100
Walmart, Inc. WMT +100
Medtronics Plc MDT +100
SPDR Select Sector Fund – Utilities XLU +100
Vanguard Short-Term Bond ETF BSV +90
iShares US Real Estate ETF IYR +100
iShares Global REIT REET +100
Invesco S&P 500 Low Volatility ETF SPLV +90
Vanguard Short-Term Bond ETF BSV +100
EURODOLLAR Nov 2019 GE.X19 +100
1 MONTH SOFR SR1.Q19 +90

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