Consumer Defensive / Consumer Cyclical 30/12/2019 Close Long: ESSITY_B Current Price SEK: 301.80 Short: WESC_AB Current Price SEK: 0.0046 ESSITY / WESC spread Entry Range: 65608.70 ESSITY / WESC spread Hard Stop: 59076.70 (10%) ESSITY / WESC spread Soft Target: 85374.00 (30%) BETA hedge For every SEK 1.00 Long of ESSITY_B ...
Good weather and no snow in Denmark so far, thus the insurance stocks should have good financial reporting next year. This stock is a part of the Danish leading C20 index and seems to be able to go for the top of the drawn trend channel now that the black resistance line has been overcome. It should hold 184 DKK so a stop loss can be put there.
Defensive vs SP500 as fear barometer proxy ...
RCII has a 9.3/10 Equity StarMine Summary Score, has beaten analyst estimates on its last 5 earnings reports, and has grown earnings by 113% this year. Its P/E of 12.3 is quite attractive for a growing company. Here's S&P Capital IQ's analysis of the fundamentals, scored out of 100: Valuation: 99/100 (extremely undervalued) Quality: 98/100 (extremely high...
Defensive vs SP500 - Consumer Staples, Uitlities and Real Estate
VTR is real estate investment trust (REIT). The technicals are great (check chart). Market analysis: Generally after an inversion in a yield curve , the following sectors tend to outperform the market: XLU (Utilities) XLRE (Real Estate) XLP (Consumer Staples) The following tend to underperform : XLK (Technology) XL (Industrials) XLB (Materials)
Approximately one month following the FDA’s menthol announcement, selloff has caused British America Tabacco BATS to drop more than 50% in value from its all time high. Although it's understandable this is concerning for investors, I don't believe it will ultimately have a huge effect even if the ban is passed into law. Although I remain cautious, it has pushed...
Just playing around with this one on a search for a defensive stock to add to the portfolio. It's giving mixed signals at the moment. There's a small head and shoulders pattern, but over such a short period of time, I'm more inclined to look at the break-out of the descending wedge. If this is the dominant pattern, then I'd expect it to reverse and start an...
Utilities have taken a major hit in the risk-on market environment we've seen lately. Last week $XLU completed a perfect 61.8% retracement of recent gains and showed a strong bounce at that key support level. I think we have an excellent buy for a swing trade at this level with a view to hold patiently for 1-3 months and take profit at all time highs.
I don't base my strategy on Elliott theory i use it only rarely for help. When we look at 4h interval we can see a bullish triangle before the potentially breakout i think its possible that the price would for one time tounch the hypotenuse of the triangle. then after the market breaks the resistence line and go back whith forming high 1 or high 2 signal after...
FUNDAMENTALLY APPEALING AND LEFT OUT Tyson Food is a consumer non-cyclical stock which has been left out of the "Trump" rally. Fundamentally appealing, defensive growth story (ROE 18.32%, 5yr rev growth 2.86%). The consensus has a BUY recommendation with 13% upside. Valuation is appealing, below market (P/E 13.9x). TECHNICALLY INTERESTING FORMATION TO TRADE -...
Unilever has formed a small base on the daily chart inline with major support. There is also bullish divergence on the RSI and we believe scope for a bounce towards 3400p in the short term. We could see this grind towards the target over the Christmas period.