RedHotStocks

RedHotStocks

TMUS has a Strong Buy rating among analysts and the chart is also pointing us towards a long entry prior to earnings. The $74 level has acted as resistance for over a month but today's earnings may be the final blow to knock through. We would look for a run to $85 on that break with a tight stop loss around $71 just in case earnings disappoints.

RedHotStocks

Ford has been in a downtrend for 5 years during which time the global economy has gone in the opposite direction, that does not bode well for Ford if a global slowdown becomes a very real factor. We do see a short lived bounce in Ford, if it can break above short term resistance @$9.80 for possible upside to top of channel @$10.70.

RedHotStocks

Among its peers in the Chip Sector CY is relatively cheap at a healthy 16P/E ratio. There is some apprehension regarding earnings, it is widely expected that revenues will have declined but this is not what will move the stock. The forward projections are eagerly anticipated and if good, the stock could rip higher. Cypress Semi has exposure to many different...

RedHotStocks

Once Jim Cramer started to call his dog Xilinx that was it for me, we blanked the stock completely and that was a big mistake it has rewarded investors with a 50% return in 3 months. It would need a brave, or very wise investor (in the know)to enter this name right before earnings. We will wait and see because if it disappoints there will be stampede to get out,...

RedHotStocks

Lockheed Martin simply have products that it can not get off the production line quick enough to meet demand. This gives the company enormous pricing power which is great news for investors. Unfortunately the hostile scenarios around the world between so many nations will ensure that demand will continue if not increase well into the future. This stock presents...

RedHotStocks

It is for sure not everyone's favorite Airline or stock but we are taking a long entry into the stock into earnings . We think the stock has completed a correction and is in wave 3 of a impulse wave up. Analysts have set quite high price targets for the stock with $72 as the average giving considerable upside from the current price. Indicators are all looking...

RedHotStocks

Caterpillar is really flattering in what has been a very bullish market, that alone creates a bearish sentiment in the name. We see nothing positive in the chart with considerable downside likely. We see $133 as critical support if that breaks next stop is $129 and possibly $120. News from the China trade talks could odd course send the stock on a bull run higher...

RedHotStocks

Dominos is up 4% pre-market as the company posted profit and revenue figures that topped analysts estimates. Strong growth worldwide continues with an additional 173 restaurants opened in the quarter while 27 new restaurants opened int he USA. We like the name and will look for a long entry.

RedHotStocks

They heavyweights are coming to the party tonight, Facebook and Microsoft are they two big hitters looking for investors attention. MSFT is for sure a very safe company to invest in but juts not a t these levels having run for hard into the print. While all others have been in front of Congress and at the forefront of negative news, MSFt has just trundled along...

RedHotStocks

Long term Visa will be a real winner as we move closer to a cashless society in which VISA is already a dominant player. Threats to the business are fin-tech innovative platforms and also crypto related products and payment solutions which ultimately decentralize power. Visa is one of those companies along with MasterCard that should be part of a well diversified...

RedHotStocks

2019 has been very rewarding for investors in PYPL and payment solutions in general. Although results are expected to be very good, given that the price has just had a 21% breakout, it is in our opinion unwise to go chasing this now. Despite results, a sell off is likely given the need for investors to lock in gains. We would be very happy to long the stock on any...

RedHotStocks

If your long this doesn't seem like a good time to selling, momentum is high and sentiment is bullish, quite simply go with the flow and follow the trend into earnings. Approval for the new drone delivery system is just one more stimuli.

RedHotStocks

Tonight's earnings report from Texas Instruments must not be underestimated in importance. It will be pivotal for the continued stimulus and optimism in the tech sector which has once again powered the recovery from the December lows. We would love to be very optimistic on the name as we hold NVDA and AMD but we are quite worried about the implications of a miss...

RedHotStocks

We have had a short bias on this stock for some time despite a bounce since December lows. Momentum in that recovery has staled considerably and the activist stimulus has run its course. Ebay competes with possible the greatest company that exists today in the retail/tech world, AMAZON. We will remain short in EBAY and long in AMZN into earnings in what will be a...

RedHotStocks

Yesterdays gainers are quickly forgotten, up 170% on the 4/22/19 and loses drops 50% on 4/23/19 on news of new offering. Despite this a great opportunity may still exist in the name, tomorrow there is still scheduled call to announce developments in FDA approval and possible positive results from its new lung cancer drug.

RedHotStocks

We have been very positive on snap for some time now and recent developments within the companies product offering has reaffirmed our confidence in the long term prospects for the stock. Despite downgrades the stock has held strong ans has made a few shorts suffer. WE have held the stock for some time and have nice profits built up but we will not be selling...

RedHotStocks

This is possibly a case of so bad its good, expectations are low so any positive earnings news will lead to a nice pop. Our price targets on the upside are $57 and $63 with downside support at $46.50 on 2015 lows acting as support. It is a small long position as a trade rather than investment unless circumstances change.

RedHotStocks

For the last 3 years Exxon has been stuck in this channel and has failed on 4 attempts to break out. Earnings are approaching on the 4/30/19 and we expect a positive result but will not be rushing into the name quite yet, given historical data we will wait for a break from channel before looking going long or a rejection at top of channel for a short. Our bias is...