RedHotStocks

RedHotStocks

By all indication the equal weighted banking KBE ETF if a good investment right now. There is a change in sentiment towards the sector and is seen as a safe place to invest before volatility returns to the equity markets. Technical indicators on the chart are all positive and give us confidence to invest.

RedHotStocks

Upbeat earnings and a very successful shareholders day have helped boost the upward moves in Bank of America. The sector overall is benefiting from improved sentiment and possible rotation into more secure sectors as healthcare looks like a falling knife and tech struggles with overvalue concerns. The US banking sector is strong and well capitalized with good...

RedHotStocks

It has been quite a fall from grace for the company Owned and run by Marcus Lemonis, while he has been fixing other businesses on the hit show "The Profit" his investors have had to take major losses on their investments in CWH. It maybe time for a turnaround in the stock price and this week has seen a injection of confidence by Abrams Capital Management...

RedHotStocks

Sometimes we all get to involved in the minute to minute noise coming from the media which sensationalize the smallest of issues to fill up the time slots. We tend to make mountains out of molehills, wise investors don't pay any attention to these news stories, they don't even care who the president is. Their focus is on companies and its fundamentals, the trend...

RedHotStocks

Tenet Healthcare Corp is a health care services company which owns and operates acute care hospitals, surgery centers, diagnostic imaging centers and urgent care facilities in the U.S.A. Earnings are due Monday the 29th and it is anticipated that they will disappoint, added to that the fear around the Medicare for all bill it would be irrational to hold this into...

RedHotStocks

On Semiconductors is a relatively low cap company, which designs and manufactures very specialized chips for many different types of industry including Medical, Automotive, Aerospace and they vast potential of the wireless 5G network. The recent overbought conditions within this sector has created a little weakness in the stock and indicators are short term...

RedHotStocks

California resources are a oil and gas exploration company which reports earnings on the 2nd may. Expectation are are very low as can be seen from the recent price action.With the sudden drop in oil last week the price fell out from a ascending channel which is a significant sell signal. Options traders on the other hand seem more optimistic with a trading range...

RedHotStocks

Today's earnings report jump in the stock has failed to hold, maybe in part to the weakness in the market but still problematic for a stock in need of some stimulus. Earnings beat but margins are down due to heavy spending on advertising and marketing that has a short term adverse effect but will hopefully reap rewards in the future. We will wait and see if...

RedHotStocks

======================== ZNZBF (Zanzibar Gold Inc.) Alert Price: $0.2027 Chart Analysis Float: 10.79M Website | Recent News ======================== Members, If you follow the markets as closely as us, you should that know that there is no better time to grab a piece of the gold sector than right now! The price of gold hit its lowest level since...

RedHotStocks

Walmart suffered a setback yesterday with news that the Salisbury Groups proposed purchase of Walmart owned UK ASDA supermarket chain has come to a end. Walmart is a core holding in many portfolios and tends not to be to volatile and a safe bet. From the January highs there has been a selloff as money has rotated back into the high flying tech sector but that will...

RedHotStocks

Harley is a iconic brand but unfortunately its customer base in decreasing and unless there is major diversification in product design that will not change. It has been a terrible few years for HOG with dwindling sale, tariff issues and Mr Trump taking aim at the board. We always say follow the trend and this is a serious downtrend, the golden pocket has been...

RedHotStocks

Last nights price action was quite frantic, with weak hands selling and then trying to buy back in, this is why it is always advisable to listen to the actual earnings call if you are serious about a investment. Algos read headlines and buy and sell without the ability to make conscious decisions, sometimes it is what is said that matters not the numbers. Amazon...

RedHotStocks

Earnings season can really kick you hard when least expecting it, that is the case in Intel for sure, possibly complacency had taking affect. We like many may have taken it for granted that everything was positive in the chip sector, Intel dismissed that claim on their earnings call. Today is not the time to overreact, things can be very erratic as so called...

RedHotStocks

DEERE HAD JUST HIT A 52 WEEK HIGH WHEN SENTIMENT TURNED AGAINST THE SECTOR. SINCE THEN SOME SELLING HAS TAKING CONTROL BUT THIS COULD BE A PERFECT BUYING OPPORTUNITY HEADING INTO EARNINGS. WE AWAIT A CHANGE IN SENTIMENT AND MORE POSITIVE PRICE ACTION AND INDICATORS TO CONSIDER A LONG. DEERE IS QUITE DEPENDENT ON A RESOLUTION TO THE TRADE TENSIONS WITH CHINA SO...

RedHotStocks

Investors once again are disappointing by the lack of progress in Alkermes Plc and have hit the sell button today. Indications are that the sell side will continue, technical levels have been broken and there is not great support under to halt the action .

RedHotStocks

Proofpoint is at the center of a growth sector with boundless possibilities. No company on earth is cutting the security budget and PFPT is at the receiving end of this investment frenzy by every industry. Long and bullish.

RedHotStocks

Our attention has turned to this networking company due to the heavy call buying action with a $30.50 strike expiring on the 26th April. Someone sees a pop on earnings coming, price indicators and buy volume have also created a very positive outlook.

RedHotStocks

************UPDATE**************** We continue to be long and believe an all time high is hours away. There may be a little selling today but we hold what we have into earnings and hope for continuation, the race to a Trillion is back on.