RedHotStocks

RedHotStocks

3M just can not catch a break, it seems that everything is working against it, the trade war, the strong dollar, economic slowdown concerns, and industrial spending have all attributed to the disastrous stock performance in 2019. Until these issues change and in particular the China trade issue, they stock will continue to tumble.

RedHotStocks Updated 

TODAY'S ANNOUNCEMENT has Tempur heading to a all time high very soon Tempur Sealy International Inc.'s shares TPX, +2.07% rose 5% in premarket trade Tuesday, after the mattress company said it has added two new retailers to its network and expanded its relationship with an existing one. The Lexington, Ky.-based company said it expects the new agreements too boost...

RedHotStocks

Sarepta is on the brink of a considerable breakout and the NASDAQ:ARRY deal yesterday has just added more fuel to the fire. Currently sitting just below the 200ma and the $128 price level,a break above looks inevitable and all indicators are very bullish with the RSI aalso breaking out. AVERAGE ANALYSTS PRICE TARGET $204 AVERAGE ANALYSTS RECOMMENDATION ...

RedHotStocks

The complicated Dow spin off was supposed to create and unlock value for investors, despite a early rally action has turned bearish with no sign of a reversal, yesterday's downgrade by BMO capital brought more hurt and a 5% drop. It very much looks like the lows of $48-$46 will be tested once more until the China trade war finds some clarity. AVERAGE ANALYSTS...

RedHotStocks

Everything was going so well for Dell until its earnings report sent the stock plummeting, now down almost 25% from its high. Despite this someone is making a bet on a reversal by placing heavy volume call option trades with a $57.50 strike. From a technical perspective the only sign of reversal on the chart is the Momentum indicator which is a leading indicator,...

RedHotStocks

2019 HAS NOT BEEN KIND TO WBA INVESTORS, IT HAS WON THE WORST DOW STOCK AWARD , WITH A 22% DECLINE AND HAS RECENTLY REACHED 5 YEAR LOW. CURRENTLY TRADING AT A VERY REASONABLE P/E RATIO IT HAS STARTED TO FIND A BOTTOM AND HAVING RECENTLY RECLAIMED THE 200MA IT IS GATHERING THE INTEREST OF INVESTORS AGAIN. AVERAGE ANALYSTS PRICE TARGET $58.67 AVERAGE ANALYSTS...

RedHotStocks

It is no certainty but expectations are high for JBL heading into earnings not only on they results but on the outlook which could move the stock and indeed other stocks with a more optimistic briefing than many expect. From a technical perspective we think that the stock has corrected and ready to move higher as signalled by the strong RSI, MACD and Histogram....

RedHotStocks

The scheduled investor day should have some very interesting discussion regarding the Beyond meat issue and the launch of their own plant based meat substitute.Look for a test of resistance which has already confirmed to be a very strong barrier to further advance. AVERAGE ANALYSTS PRICE TARGET $83 AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT Tyson...

RedHotStocks

Adobe earnings are expected to be very good tomorrow but we would not recommend buying it pre earnings, historically it has a habit of selling off regardless of the earnings results. The stock hit our previous target of $290 and we expect that the pullback has a little further to go, it must also be considered that the valuation is very high, in a market where...

RedHotStocks

===================================== DVLP (Golden Developing Solutions Inc.) Alert Price: $0.016 Website | Recent News Ecommerce: www.puravidavitamins.com ====================================== Members, We're not wasting any time this week. We've already identified, what is in our opinion one of the biggest steals in the cannabis sector right...

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Shares of Abercrombie & Fitch Co. ANF, rallied 2.3% in premarket trading Friday, after the apparel retailer announced a new stock repurchase program representing more than 10% of the shares outstanding. The company said it can now buy back up to 7.6 million shares, which at Thursday's closing price of $15.35 would be valued at $116.7 million. Based on about 65.7...

RedHotStocks

Despite the acquisition of GE Biopharma the stock performance this year is hard to quantify, it does seem that it has ran a little too far to fast and needs a healthy pullback. We assume that when the selling does start it could snowball into quite a drop as large profits are banked and sellers find it hard to offload their portfolio. We will be looking at this as...

RedHotStocks

When INTc rang the alarm bells on the 25th April it dragged the entire stock market with it, so yesterday's AVGO negative outlook should not have been any great surprise to anyone. It was believed that AMD was the reason for INTC reporting such disappointing guidance but it is now evident that the trade war and more importantly the worldwide economic slowdown is...

RedHotStocks

It looks like nothing is going to get in the way of AGN tumbling to sub $100, even upbeat earnings and boosting yearly guidance only provided short term relief. This has been a nightmare for investors holding on hoping for a reversal, it teaches us all a lesson that no matter what the stock, once it goes out of favour it is very hard to reverse the negative...

RedHotStocks

Bulls are really becoming the dominant force once again fighting of another attempt by the bears to get back down to the sub $7000 level. Bulls defending the key supports for days and eventually the bears capitulated to regroup at the $8800 level. The indicators are turning very positive and signal another bullish run towards the $9600 - $10000 mark. Alerts are...

RedHotStocks

In our last post we raised concerns about the amount of FOMO that was in EOS and a sell the news event would be a major risk, how true. Eos had a 30% decline in 5 days as panic selling and resistance zones toppled, triggering stop losses, since that downfall EOS has started to steady but will have a hard time crossing back above $6.88 level, which has flipped into...

RedHotStocks

DESPITE THE SIDEWAYS ACTION IN JUNE , ETH HAS ACTUALLY SHOWN GREAT STRENGTH WITH SOME STRONG BULLISH CANDLES AND VOLUME PROFILE. IT LOOKS VERY LIKE A BULL FLAG IS FORMING, WHICH WOULD BE FANTASTIC, SO ANOTHER SMALL LEG DOWN TO CREATE THE (E) IS EXPECTED. INDICATORS HAVE ROOM TO RUN TO THE UPSIDE AFTER CONSOLIDATING FOR SEVERAL WEEKS , SO ALL IN ALL IT LOOKS VERY...

RedHotStocks

LITECOIN has shown immense strength and technical discipline once again, it has exceeded our expectations and remains NO 1 in the crypto market for us. There should be no real need for concern until the middle BB is broken, a deeper correction will happen and when it does we will be adding to the position, $200 by summer's end is increasingly likely if not conservative.